Share to Twitter Share to Linkedin Topline Jacob Chansley—whose horned fur hat, American flag face paint and bare chest made him one of the most recognizable January 6 rioters—was released from prison and sent to a halfway house earlier than scheduled this week, which some right-wing figures are celebrating as a victory following a push for his release. Key Facts Federal Bureau of Prisons spokesman Scott Taylor said Chansley was moved Tuesday from his low-level-security prison in southeastern Arizona to a halfway house in Phoenix, where he will be released May 25. Chansley—who also went by “Jake Angeli” and was known as the “QAnon Shaman”—was set for a July release following his 2021 guilty plea for obstructing an official proceeding, after he joined the mob invading the Capitol and became one of a handful of rioters who stood at the presiding seat of the Senate dais. Chansley was first arrested and jailed days after the January 6 riot, and … [Read more...] about ‘QAnon Shaman’ Jacob Chansley Released Early From Prison After Jan. 6 Conviction
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SECURE 2.0’s New Rule On IRAs And Charity Can Really Pay Off
Share to Twitter Share to Linkedin A new rule under SECURE 2.0 creates a great opportunity for IRA owners 70 ½ or older with charitable inclinations to get a prospective valuable tax benefit and keep cash flow. The current law allows a charitable distribution from an IRA for individuals age 70 ½ or older (irrespective of the new Required Minimum Distribution of age 73) to make a distribution of up to $100,000 a year directly to a qualified charity. This is called a Qualified Charitable Distribution, or QCD, and they are fantastic opportunities on their own. Now, SECURE 2.0 has introduced a provision that allows a ‘split-interest’ gift, which gives the IRA owner a tax break and provides continuing cash flow. Why a QCD is a great idea. QCDs have a lot of advantages over a conventional charitable deduction. 1. A QCD is eliminated from income, and not treated as an itemized deduction. Thus, a donor can use the standard deduction or other itemized … [Read more...] about SECURE 2.0’s New Rule On IRAs And Charity Can Really Pay Off
Judge Strikes Down Required Coverage Of Preventive Care—Cancer Screenings, Pregnancy, Medications And More
Share to Twitter Share to Linkedin Topline A federal judge in Texas struck down a provision of the Affordable Care Act that required coverage for a range of preventive services—including for cancer screenings, medications and more—ruling the task force members tasked with enforcing those preventive services were unlawfully appointed. Key Facts U.S. District Judge Reed O’Connor ruled preventive care recommendations made by the U.S. Preventive Services Task Force do not have to be complied with, and blocked the federal government from enforcing the task force’s recommendations. The task force issues recommendations for preventive care services that insurers are then forced to cover, as dictated by the provisions of the Affordable Care Act, meaning the ruling means insurance companies will no longer be bound to cover the preventive services affected. Among the preventive services affected by O’Connor’s order are screenings for breast … [Read more...] about Judge Strikes Down Required Coverage Of Preventive Care—Cancer Screenings, Pregnancy, Medications And More
She Worked Undercover for the CIA. Now, Her Apparel Company Tops $10 Million in Annual Sales
Emily Hikade didn't plan on running a fast-growing startup. After a near-death experience, one thing just led to another. A case officer working undercover for the Central Intelligence Agency, Hikade's job had taken her family to nine countries on three continents, and she wanted a safer life for her children. During a flight over the Indian Ocean to meet an affiliate of a known terrorist group, Hikade's plane started to nosedive. "The lights went out and people were screaming," Hikade told Inc. 's What I Know podcast . "I had three little boys at home, and my youngest one wasn't even a year old. I could see them so clearly in my head, and I felt really profoundly sad that they were going to grow up without a mother." While aspiring entrepreneurs can feel like there's no ideal time to start a company, as the plane righted itself, Hikade thought, well, this is as good a time as any. In 2015, while working in East Africa, Hikade launched Petite Plume, a high-end … [Read more...] about She Worked Undercover for the CIA. Now, Her Apparel Company Tops $10 Million in Annual Sales
Over 60 Christian Dissidents Detained In Thailand Facing Imprisonment, Torture If Deported To China
After an early morning police raid, Chinese Christian refugees in Thailand now face imminent deportation back to China and persecution, human rights advocates told the Daily Caller News Foundation. Thai police are allegedly transporting the 63 members of the Shenzhen Holy Reformed Church, also known as the Mayflower Church, to Bangkok to be repatriated to the People’s Republic of China, Deana Brown , 68, founder of Freedom Seekers International, told the DCNF while in Thai custody. Along with church members, Thai police also arrested and confiscated the passports of Brown and fellow Texan, Stacy Nichols, 51, who’d both just arrived in Patayya, Thailand, for a week-long visit with the congregation on Thursday, Brown said. In October 2019, the Mayflower Church, led by Pastor Pan Yongguang, fled religious persecution at the hands of the CCP. After a vote, the church decided to resettle in Jeju Island, South Korea, where a travel visa would not be required for Chinese citizens, … [Read more...] about Over 60 Christian Dissidents Detained In Thailand Facing Imprisonment, Torture If Deported To China
Billionaire Ex-Trump Ally Ronald Lauder Met With Ron DeSantis As He Courts Wealthy Execs On Trump’s Turf, Report Says
Share to Twitter Share to Linkedin Topline Billionaire GOP megadonor and onetime ally to former President Donald Trump Ronald Lauder, met with Florida Gov. Ron DeSantis recently as the likely 2024 GOP presidential candidate pitches himself as the adult in the room to wealthy donors amid increasingly incendiary rhetoric from Trump. Key Facts Lauder met with DeSantis, who is widely expected to announce a run for president in early summer, at his Long Island estate several months ago, Politico reported , citing two unnamed sources familiar with the meeting. The reported meeting comes after Lauder—heir to Estée Lauder who has known Trump for decades and helped fund his 2020 reelection bid—said through a spokesperson in November that he will not donate to Trump’s 2024 campaign, though he did not say whom he would support in 2024 and did not comment to Politico on the recent DeSantis meeting. DeSantis is reportedly targeting wealthy New … [Read more...] about Billionaire Ex-Trump Ally Ronald Lauder Met With Ron DeSantis As He Courts Wealthy Execs On Trump’s Turf, Report Says
Sam Bankman-Fried Pleads Not Guilty To New Bribery Charge—In An Untucked Dress Shirt (Photos)
Share to Twitter Share to Linkedin Topline Sam Bankman-Fried entered a not guilty plea to new federal charges Thursday, according to reporters present at the Manhattan federal court, sticking true to his style and donning an on-brand, unusually casual getup. Key Facts Bankman-Fried, who pleaded not guilty to eight criminal counts in January related to fraud at his cryptocurrency exchange FTX and trading firm Alameda Research, entered the same plea for five additional charges Thursday, including a fresh bribery count for allegedly paying off a Chinese official $40 million in 2021. Photographs of the former billionaire Thursday show him wearing a blue suit and brown loafers, his typical courtroom outfit, but with his own casual touch, keeping his white dress shirt untucked and letting his polka dot tie flop in the wind while entering the courthouse. Bankman-Fried apparently made a slight wardrobe change while in the courtroom, exiting … [Read more...] about Sam Bankman-Fried Pleads Not Guilty To New Bribery Charge—In An Untucked Dress Shirt (Photos)
U.S. Fines Wells Fargo Nearly $100 Million For Sanctions Violations
Share to Twitter Share to Linkedin Topline The Federal Reserve and Treasury Department fined Wells Fargo $97.8 million on Thursday for allowing a foreign bank to make hundreds of millions of dollars in transactions that were prohibited under U.S. sanctions laws, the latest multi-million-dollar penalty from regulators to hit Wells Fargo in recent years. Key Facts Wells Fargo is accused of allowing an unnamed foreign bank to process $532 million worth of prohibited transactions on its Eximbills financial platform from 2010 to 2015, the Federal Reserve Board said in an announcement. The bank kicked the foreign client off its platform in 2015 and reported the issue to the Fed and the Treasury, according to a filing from U.S. regulators. The Treasury says the bank—which agreed to a settlement with the federal government—violated sanctions against Iran, Syria and Sudan. The Federal Reserve fined the bank $67.8 million, and the Treasury … [Read more...] about U.S. Fines Wells Fargo Nearly $100 Million For Sanctions Violations
McCarthy Mocks Biden Amid Debt Ceiling Standoff—Offering To Bring ‘Soft Foods’ To Negotiating Table
Share to Twitter Share to Linkedin Topline House Speaker Kevin McCarthy (R-Calif.) launched a personal attack against President Joe Biden on Thursday, as negotiations between the White House and GOP lawmakers surrounding two high-stakes fiscal issues—the debt ceiling and the federal budget—are deadlocked. Key Facts McCarthy offered Thursday to meet with Biden “tonight” to discuss increasing the U.S.’ federal borrowing limit, offering to bring “soft foods” to a White House lunch if Biden would agree to a sit-down, in what appears to be a ham-fisted attempt to ridicule the president about his age. (At 80, Biden is the oldest president in history.) The offer is a non-starter, however, as the White House has repeatedly called on Congress to pass a debt ceiling increase with no strings attached and said it will not negotiate with Republicans on increasing the borrowing limit, which the federal government is expected to reach some time in late summer. … [Read more...] about McCarthy Mocks Biden Amid Debt Ceiling Standoff—Offering To Bring ‘Soft Foods’ To Negotiating Table
As Women Live Longer, They Should Also Plan For A Second Retirement
Share to Twitter Share to Linkedin A couple typically plans for their retirement. What is frequently overlooked is the reality that, on average, women live longer than men. Few retirement plans prepare surviving women for what is effectively her second retirement – a later life stage with new complexities, different needs, and costs just just when financial resources and personal resilience may be sharply declining. According to the Centers for Disease Control and Prevention , forecasted life expectancy at birth for women in 2019 was 81.4 years compared to men who can look forward to 76.3 years. However, by age 65, women are likely to live nearly another 21 years compared to men who squeeze in a little more than an additional 18 years. Those averages assume that the woman and her mate are the same age. According to Pew Research Center , women are typically 2-plus years younger than their spouses, thus adding a few more years. The takeaway? Women — … [Read more...] about As Women Live Longer, They Should Also Plan For A Second Retirement