Politics

Related to policies, laws, law makers and other government activity

 
Crypto industry defends itself
In their first appearance on Capitol Hill, executives from six cryptocurrency-related companies advocated for light regulations in a hearing with the US House Financial Services Committee. The group included Sam Bankman-Fried and Alesia Haas (Coinbase Global's CFO), Jeremy Allaire (Circle's CEO), Charles Cascarilla (Paxos' CEO), Brian Brooks (CEO of bitcoin-mining company, Bitfury), and Denelle Dixon (Stellar Development Foundation's CEO).
 
Australia announces diplomatic boycott of Winter Olympics
On Monday, the US said that it would not be sending diplomats to the 2022 Winter Olympics in China. Congressman Tim Ryan has since stated, "This diplomatic boycott does not go far enough. China has demonstrated again and again that they do not deserve the honor associated with hosting the Olympics, and the Games should be hosted elsewhere."
 
Meadows says he won’t cooperate with the Select Committee
On December 7th, Mark Meadows - President Trump's former White House Chief of Staff - informed the January 6th Select Committee that he did not intend to cooperate further with their investigation. The Select Committee noted this was despite Meadows' providing details regarding the January 6th attack on the Capitol in his new book.
 
Biden’s Bank regulator nominee backs out
Comptroller of the Currency nominee, Saule Omarova, has dropped out of consideration for the post following a heated confirmation hearing. President Joe Biden had nominated Omarova to head the Office of the Comptroller of Currency (OCC) - one of the country's most powerful banking regulators.
 
Suspected killer of Khashoggi arrested in Paris airport
On Tuesday, French police arrested a suspected member of the hit squad that killed Saudi journalist Jamal Khashoggi. The suspect was apprehended as he boarded a flight from Paris to Riyadh. The Saudi Embassy in Paris stated that the arrested party "has nothing to do with the case in question," adding, "Therefore the Kingdom's embassy expects his immediate release."
 
Biden admin announces diplomatic boycott of 2022 Beijing Olympics
On December 6th, the US announced a diplomatic boycott of the 2022 Beijing Winter Olympics and Paralympic Games over China's "ongoing genocide and crimes against humanity in Xinjiang." White House Press Secretary, Jen Psaki, said that the Biden administration would not send an official US delegation to the Olympics; however, Team USA athletes will still be participating in the Games.
 
Republican Nunes to head new Trump media company after departure from Congress
Representative Devin Nunes (R-California), who serves as the top Republican on the House Intelligence Committee, will retire by the end of the year. Trump Media announced that Nunes will become the company's Chief Executive Officer in January.
 
Perdue will run for governor of Georgia
Former US Senator David Perdue announced his candidacy for Governor of Georgia - He will challenge Georgia Governor Brian Kemp. Perdue tweeted, "I'm running for Governor to make sure Stacey Abrams is NEVER Governor of Georgia. We need bold conservatives who will stand up to the woke left, not cave to their radical demands."
 
Ousted former leader of Myanmar, Suu Kyi, accused of violating Covid restrictions
Myanmar's former leader, Aung San Suu Kyi, has been charged with incitement and failure to observe Covid restrictions. Suu Kyi's supporters believe the cases against her have been designed to discredit her and justify the military seizing power in February of this year.
 
Senate leader Bob Dole dies
Bob Dole, 98, former US Senator from Kansas and 1996 Republican presidential candidate, has died in his sleep. House Speaker Nancy Pelosi has ordered that all US Capitol flags be flown at half-mast.