Lawmakers Aim to Ban Colleagues from Market Trading While They Still Buy and Sell

Pete Sessions and Bill Keating

Four members of Congress recently reported buying and selling financial assets, despite co-sponsoring a bill that would ban such trades, disclosures show.

Democratic Reps. Mary Gay Scanlon of Pennsylvania, Jeff Jackson of North Carolina, Bill Keating of Massachusetts and Republican Rep. Pete Sessions of Texas all reported selling or purchasing assets after they signed on as co-sponsors of the TRUST In Congress Act, financial disclosures show. The TRUST In Congress Act would ban members of Congress from directly trading covered investments, which includes securities, commodities futures and similar assets by requiring them to place such assets in a blind trust.

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Government Report Could Lead to an Infestation of Federal Regulation into Youth Sports, Experts Say

Youth Sports

A key report recently released by a federal government commission could result in a slew of new regulations being pushed onto youth sports, experts told the Daily Caller News Foundation.

The Commission on the State of U.S. Olympics & Paralympics, which was established by Congress in 2020 to address concerns about the U.S. Olympic Commission, including the handling of sexual abuse cases, outlines several key policy changes that it believes the government should pursue, including expanding the reach of government in youth sports at the grassroots level, according to the report. The injection of federal oversight and government into an already functioning youth sports system could create undue regulations on leagues and possibly force diversity, equity and inclusion (DEI) initiatives in local areas, hurting young athletes while also forcing Americans to pay into a sports league that they may not be interested in, experts warned.

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Commentary: The Federal Government is Deciding Who Can Start a Small Business

Business Owner

Just when it seemed impossible for things to get tougher for small businesses, the federal government decided to make things worse.

Small businesses have had a tough run for the last few years. Record inflation, high interest rates, and workforce shortages have led to widespread pessimism among small businesses. The last thing they need is more government interference, but that is exactly what is happening.

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Emails Show ‘Access’ to Biden Family Reason for Chinese Business Partnership with Hunter Biden

Newly-disclosed emails show a Chinese businessman who partnered with Hunter Biden’s Burnham firm was primarily motivated by access rather than financial considerations, bolstering the House Oversight Committee’s contention that the Biden name was the commodity being sold by the younger Biden.

In late February, impeachment witness Jason Galanis—one of Hunter Biden’s partners in the Burnham venture—told Congress the firm served as place to integrate the “Biden Family Office” with a “large-scale financial company.”

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Federal Lawmakers Call for Permanent Daylight Saving Time

Marco Rubio

Some lawmakers are once again calling on their colleagues to make Daylight Saving Time permanent.

Ahead of the switch to Daylight Saving Time this weekend, U.S. Sen. Marco Rubio, R-Fla., highlighted the importance of the Sunshine Protection Act, which would make Daylight Saving Time permanent.

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Democrat Who Led Trump Impeachment Pledges Legislation in Response to Supreme Court Ballot Ruling

Raskin Trump

Maryland Democratic Rep. Jamie Raskin, who led the second impeachment effort against former President Donald Trump, pledged to work on legislation that would set up a process for Congress to determine who cannot run for office under the 14th Amendment’s “insurrection” clause.

Raskin spoke about the legislation Monday on CNN hours after the Supreme Court unanimously ruled that Trump can remain on the 2024 presidential ballot in response to a case in Colorado, where the state supreme court ruled that Trump was ineligible under the 14th Amendment for his alleged efforts to overturn the 2020 election and in the Jan. 6, 2021, Capitol riot.  

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Hunter Biden Tells Congress: ‘I Did Not Involve My Father in My Business’

Hunter Biden testified to Congress that he did not involve his father, President Joe Biden, in his business dealings as the Republican impeachment inquiry heats up. 

“I am here today to provide the Committees with the one uncontestable fact that should end the false premise of this inquiry: I did not involve my father in my business. Not while I was a practicing lawyer, not in my investments or transactions domestic or international, not as a board member, and not as an artist. Never,” he said in his opening statement obtained by Punchbowl News.

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Biden Planned to Join Son’s China-Backed Firm After Vice Presidency, Former Partner Tells Congress

Joe Biden

In his opening statement to House impeachment investigators, former Hunter Biden business partner, Jason Galanis, said Joe Biden planned to join the board of his son’s firm which was being backed by a Chinese businessman and state-owned enterprises.

Galanis delivered his opening statement on Friday morning to congressional investigators from inside a federal prison in Alabama where he is serving a prison sentence for engaging in an illegal scheme to enrich Burnham Asset Management.

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Commentary: Congress Must Fight Modern Day Slavery

Sad Person

On February 13, the U.S. House of Representatives overwhelmingly passed the Frederick Douglass Trafficking Victims Prevention and Protection Reauthorization Act with a vote of 414-11. The bipartisan legislation, authored by Rep. Chris Smith (R-NJ), will reauthorize the Trafficking Victims Protection Act of 2000 – which expired in 2021 – and provide approximately $1 billion in funding over five years for programs that combat the scourge of human trafficking.

Among the measures included in the comprehensive legislation are educational grants to provide situational awareness training and prevention for elementary and secondary students; funding reauthorization for the International Megan’s Law and Angel Watch programs; and authorization for programs that support survivors’ employment, housing, and education.

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