Democratic national convention speech

Senator Sherwin Gatchalian and Philippine offshore gaming operation. PHOTO: INQUIRER FILES, SENATE PRIB MANILA, Philippines — Senator Sherwin Gatchalian claimed Tuesday that a Senate panel recommendation to permanently ban the Philippine offshore gaming operators (Pogos) in the country already has the support of the majority of its members. “Hindi ko muna idi-disclose sa inyo but meron na tayong nadagdagan especially after nung privilege speech,” Gatchalian said in an interview at the Senate. (I will not disclose it to you for now, but we have gained additional support, especially after the privilege speech.) “Mare-report out na natin ‘yun,” added the senator, who, as chairman of the Senate committee on ways and means, led the probe on the impact of the offshore gaming operations in the country. (We can already report it.) If the Senate adopts the committee report, Gatchalian said it would send a strong message to the executive. However, he also stressed that whether or … [Read more...] about Gatchalian says panel report vs Pogos gaining support from senators

If you keep your money in a small or mid-sized bank, the government made clear it’s willing to bail you out if your institution fails. Seeking to reassure depositors that their money was safe in the nation’s banks no matter the size, Treasury Secretary Janet Yellen said Tuesday morning that last week’s bailouts of uninsured depositors at the failed Silicon Valley and Signature banks would be repeated at smaller institutions if needed. “Our intervention was necessary to protect the broader U.S. banking system,” Yellen said in a speech at the American Bankers’ Association summit in Washington. “And similar actions could be warranted if smaller institutions suffer deposit runs that pose the risk of contagion.” Yellen’s comments made clear that the government is willing to extend the “too big to fail” logic that implicitly protects depositors at large banks to small regional and community banks put at risk of bank runs by the collapse of Silicon Valley Bank. Yellen said the … [Read more...] about Yellen: Government Willing to Back Deposits at Small and Mid-Sized Banks

President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund’s highest dividend rates since the Covid-19 pandemic, as its Regular Savings dividend rate for 2022 reached 6.53 percent and its Modified Pag-IBIG 2 (MP2) Savings surged to 7.03 percent per annum The dividend rates on the members’ savings of the agency were the highlights of the Pag-IBIG Fund Chairman’s Report for 2022, where the president spoke before a gathering of agency members, partners and stakeholders at the SMX Convention Center, Tuesday (March 28). “It makes me proud that your agency’s stewardship of our national savings program has successfully provided affordable shelter financing for our people. Let me thank all of you, the members who are the owners of Pag-IBIG Fund, including concerned housing developers, partners, and other key stakeholders who have been instrumental in fulfilling the Pag-IBIG Fund’s mandate, of serving the Filipino workforce,” the President said. “As the Pag-IBIG Fund was established under the … [Read more...] about PBBM lauds highest Pag-IBIG dividend rates since pandemic: 6.53% for Regular Savings, 7.03% for MP2

House leadership may bring H.R. 6, the 21st Century Cures Act, to the floor after next week’s House recess. The bill doesn’t cure a thing, except, perhaps momentarily, the appetite of the federal leviathan to grow. H.R. 6 deepens the federal government’s involvement in medicine, a role that the Founding Fathers wisely left to the states and the people through the Tenth Amendment.  The legislation is well-intentioned, but turns federalism on its head and spends a massive amount of money with dubious offsets. H.R. 6 is a 309 page bill that attempts to accomplish quite a bit. The bill’s goals include promoting personalized medicine, improving the clinical trials process, making the regulatory path clearer for medical apps, creating economic incentives for the development of drugs for rare diseases, improving, “the entire biomedical ecosystem ensuring the innovation infrastructure works as quickly and efficiently as possible.” Oh, it is also a “ jobs bill .” Somewhere in the … [Read more...] about The Century Cures Act Is A Needless Waste

Republican Sen. Tommy Tuberville of Alabama is single-handedly holding up confirmations of top Department of Defense (DOD) positions over what he calls executive overstep into Congress’ jurisdiction over abortion policies, according to the senator and media reports. Secretary of Defense Lloyd Austin declared in February that the department would provide leave and funding for military personnel to travel out of state for abortions if they are based in a state that bans or heavily restricts the procedure. Tuberville said he plans to continue blocking about 160 promotions of military commanders to key positions in the Indo-Pacific and Middle East and for NATO until DOD reverses the policy and shows no sign of letting up, according to Punchbowl News and Tuberville. “I hate to have to do this. It’s unfortunate. But we make the laws over here. The DoD doesn’t. This is not about abortion. It’s about taxpayer-funded abortions,” Tuberville told Punchbowl. “If this was about a list … [Read more...] about GOP Senator Blocking Pentagon Promotions Over Abortion Policy

Share to Twitter Share to Linkedin Topline The World Health Organization has urged African health authorities to be vigilant to the spread of the deadly Marburg virus, following reports of a new outbreak in Tanzania and a slew of new cases in Equatorial Guinea, as experts in multiple countries scramble to contain the highly infectious Ebola-like disease for which there is no approved vaccine or treatment. Key Facts Marburg is a highly infectious viral hemorrhagic fever in the same family as Ebola. The virus is initially transmitted to people from fruit bats and spreads among humans through contact with the bodily fluids of infected people, according to the WHO. Illness begins suddenly and symptoms include high fever, muscle pains, bleeding, severe headaches, diarrhea and vomiting blood. Marburg causes serious illness and can be lethal, with fatality rates from past outbreaks varying from 24% to 88% depending on virus strain and … [Read more...] about What Is Marburg? What You Need To Know About The Killer Ebola-Like Virus Spreading In Parts Of Africa