*New York Editor Tipoffs Newsletter for Wednesday November 13, 2024 ( 30 items ) |
A Living Legacy, USS John Basilone - DDG 122 Commissions
WASHINGTON, Nov. 12 -- The U.S. Navy's U.S. Fleet Forces Command issued the following news:
By Lt. j.g. Julian Jacobs
NEW YORK - On Saturday morning, nestled between the USS Intrepid, New York's Hell's Kitchen, and the cruise terminal, the Navy's newest Arleigh Burke-class guided-missile destroyer, USS John Basilone, was brought to life.
Commissioning ceremonies, as described by Carlos Del Toro, Secretary of the Navy, are a time-honored tradition dating back to 1775. Now, 249 years later, the
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Central New York Community Foundation: More Than $235,000 in Grants Awarded to Black-Led Organizations
SYRACUSE, New York, Nov. 13 -- The Central New York Community Foundation issued the following news release:
The Central New York Community Foundation recently distributed 19 grants totaling $239,850 from its Black Equity & Excellence Fund. Grants from the fund support Black-led nonprofit organizations and projects that counteract systemic racism.
October, 2024 - The Central New York Community Foundation recently distributed 19 grants totaling $239,850 from its Black Equity & Excellence Fund. G
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Congressional Research Service: 'A Binding Debt Limit - Background and Possible Consequences' (Part 1 of 4)
WASHINGTON, Nov. 12 (TNSrep) -- The Congressional Research Service issued the following report (No. R48209) on Oct. 4, 2024, entitled "A Binding Debt Limit: Background and Possible Consequences" by economic policy analyst D. Andrew Austin.
Here are excerpts:
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SUMMARY
In September 2024, gross federal debt was about $35.3 trillion. Debt limit episodes have been a recurring feature of federal fiscal policy since 2001, when federal budget deficits returned after four years of surpluses. The
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Congressional Research Service: 'A Binding Debt Limit - Background and Possible Consequences' (Part 1 of 4)
WASHINGTON, Nov. 12 (TNSrep) -- The Congressional Research Service issued the following report (No. R48209) on Oct. 4, 2024, entitled "A Binding Debt Limit - Background and Possible Consequences:"
(Continued from Part 1 of 4)
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Treasury Actions in Select Debt Limit Episodes
To date, the modern debt limit has not yet prevented Treasury from paying all federal obligations. During debt limit episodes in 1985, 1995-1996, 2002, 2003, 2011, 2013, 2014, 2015, 2017, 2019, 2021, and 2023, howeve
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Congressional Research Service: 'A Binding Debt Limit - Background and Possible Consequences' (Part 3 of 4)
WASHINGTON, Nov. 12 (TNSrep) -- The Congressional Research Service issued the following report (No. R48209) on Oct. 4, 2024, entitled "A Binding Debt Limit - Background and Possible Consequences:"
(Continued from Part 2 of 4)
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Treasury and Federal Reserve Contingency Planning
Managing and mitigating risks is an integral part of any large financial institution, no less so for federal agencies responsible for core fiscal operations./127 During the 2011 and 2013 debt limit episodes, Treasu
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Congressional Research Service: 'A Binding Debt Limit - Background and Possible Consequences' (Part 4 of 4)
WASHINGTON, Nov. 12 (TNSrep) -- The Congressional Research Service issued the following report (No. R48209) on Oct. 4, 2024, entitled "A Binding Debt Limit - Background and Possible Consequences:"
(Continued from Part 3 of 4)
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Potential Economic and Financial Effects
A binding debt limit would not only hinder federal finances and operations, but could also trigger severe economic and financial consequences. A 1979 GAO report noted that a federal default caused by a binding debt limit co
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Congressional Research Service: 'Cluster Munitions: Background and Issues for Congress'
WASHINGTON, Nov. 12 (TNSrep) -- The Congressional Research Service issued the following report (No. RS22907) on Oct. 3, 2024, entitled "Cluster Munitions: Background and Issues for Congress" by nonproliferation specialist Paul K. Kerr and military grounds forces specialist Andrew Feickert:
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Summary
Cluster munitions are air-dropped or ground-launched weapons that release a number of smaller submunitions intended to kill enemy personnel or destroy vehicles. Cluster munitions were develope
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Consumer Alert: N.Y. A.G. James Warns New Yorkers of Health Insurance Scams During Open Enrollment for Affordable Care Act Plans
ALBANY, New York, Nov. 13 -- New York Attorney General Letitia James issued the following news release on Nov. 12, 2024:
NEW YORK - New York Attorney General Letitia James today issued a consumer alert warning New Yorkers about common health insurance scams as open enrollment begins for insurance plans through New York's Affordable Care Act marketplace. New Yorkers have until December 15, 2024, to enroll through the New York State of Health marketplace for health coverage taking effect January
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Deputy Defense Secretary Celebrates Native American Contributions to Independence, National Security
WASHINGTON, Nov. 12 -- The U.S. Department of Defense issued the following news:
November is Native American Heritage Month, providing Defense Department leaders with an opportunity to recognize the remarkable achievements of Indigenous peoples throughout our nation's history.
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Last week, Deputy Defense Secretary Kathleen Hicks delivered a short address to champion Nativ
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DiNapoli Report Looks at New York's Social Insurance Programs for Unemployed and Injured Workers
ALBANY, New York, Nov. 13 (TNSres) -- New York State Comptroller Thomas P. DiNapoli issued the following news release:
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Analysis Benchmarks Benefit Levels Against Peer States
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The benefits from four major social insurance programs provide crucial financial support during difficult times in the lives of hundreds of thousands New York workers and their families each year, according to a new report by State Comptroller Thomas P. DiNapoli that reviews the benefit amounts, limits, and w
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Federal Reserve Bank of New York: Inflation Expectations Decline Slightly
NEW YORK, Nov. 13 (TNSres) -- The Federal Reserve Bank of New York issued the following news release on Nov. 12, 2024:
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Labor Market Expectations Improve
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The Federal Reserve Bank of New York's Center for Microeconomic Data today released the October 2024 Survey of Consumer Expectations, which shows that households' inflation expectations declined slightly at the short-, medium-, and longer-term horizons. Labor market expectations improved with households reporting a lower likeliho
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Gillibrand Statement On USDA's Final Decision To Fairly Compensate Dairy Farmers
WASHINGTON, Nov. 12 -- Sen. Kirsten Gillibrand, D-New York, issued the following news release:
U.S. Senator Kirsten Gillibrand, Chair of the Senate Agriculture Subcommittee on Livestock, Dairy, Poultry, Local Food Systems, and Food Safety and Security, released the following statement on the U.S. Department of Agriculture (USDA) Agricultural Marketing Service's final decision to restore the "higher of" Class I pricing formula through the Federal Milk Marketing Order (FMMO) system to fairly comp
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ICYMI: Stefanik OpEd in Watertown Daily Times: Honoring Our Heroes on Veterans Day
WASHINGTON, Nov. 11 -- Rep. Elise Stefanik, R-New York, issued the following news release:
Saratoga, N.Y. In case you missed it, Congresswoman Elise Stefanik published an op-ed in Watertown Daily Times.
Find the full opinion below.
Watertown Daily Times: Honoring Our Heroes on Veterans Day
By Representative Elise Stefanik
On Veterans Day, our nation comes together to honor the brave men and women who have made immense sacrifices in service to our nation. As the proud home of Fort Drum and
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Justice Department Sues to Block UnitedHealth Group's Acquisition of Home Health and Hospice Provider Amedisys
WASHINGTON, Nov. 13 -- The U.S. Department of Justice issued the following news release on Nov. 12, 2024:
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Transaction Threatens to Negatively Affect Care for Vulnerable Patients and Harm Home Health and Hospice Nurses Critical to Providing that Care
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The Justice Department, together with the Attorneys General of Maryland, Illinois, New Jersey, and New York, filed a civil antitrust lawsuit today to block UnitedHealth Group Incorporated (UnitedHealth)'s proposed $3.3 billion acquisi
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Justice Dept.: 2 Somali Pirates Sentenced to 30 Years Each in Prison for Armed Hostage Taking of American Journalist
WASHINGTON, Nov. 13 -- The U.S. Department of Justice issued the following news release:
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Abdi Yusuf Hassan and Mohamed Tahlil Mohamed Abused Their Somali Government Positions in Holding Michael Scott Moore Hostage for Nearly Three Years
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Abdi Yusef Hassan, 56, of Minneapolis, Minnesota, and Mohamed Tahlil Mohamed, 43, of Mogadishu, Somalia, were both sentenced to 30 years in prison for hostage taking, terrorism, and firearms offenses, in connection with the 977-day hostage taking
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Malliotakis Joins Bipartisan Group of Elected Officials to Unite Against Potential Return of Congestion Pricing
WASHINGTON, Nov. 12 -- Rep. Nicole Malliotakis, R-New York, issued the following news release:
(STATEN ISLAND, NY) Today Congresswoman Nicole Malliotakis joined a bipartisan group of local elected officials to unite against the potential return of Congestion Pricing in light of President Trump winning the 2024 election and vowing to terminate the program during his first week back in office.
"I'm proud to stand here with my colleagues in a bipartisan way to tell the Governor: 'There is no way
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N.Y. Gov. Hochul Announces 24 Community-Based Partners for Plan to Strengthen Home Care Services for New Yorkers
ALBANY, New York, Nov. 13 -- Gov. Kathy Hochul, D-New York, issued the following news release on Nov. 12, 2024:
Governor Kathy Hochul today announced 24 community-based home care providers will join the new statewide partnership to strengthen New York's Consumer Directed Personal Assistance Program, which provides vital home care services to New Yorkers. This follows the Governor's previous announcement of Public Partnerships LLC as the lead partner in New York's effort to protect and strengthe
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N.Y. Gov. Hochul Announces New York State Exceeds 30% Minority-, Women-Owned Business Utilization Goal for Fourth Straight Year
ALBANY, New York, Nov. 13 -- Gov. Kathy Hochul, D-New York, issued the following news release on Nov. 12, 2024:
Governor Kathy Hochul today announced that New York State has surpassed its 30 percent Minority- and Women-owned Businesses utilization goal for the fourth year in row - every year since the Hochul Administration took office. This year's 32.21 percent utilization rate represents nearly $3 billion in public contracts awarded to certified MWBEs in FY 2023-24, and nearly $12 billion sinc
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N.Y. Mayor Adams Celebrates Inclusive Decision to Welcome LGBTQ+ Community to March in Staten Island St. Patrick's Day Parade
NEW YORK, Nov. 13 -- New York City Mayor Eric Adams issued the following news on Nov. 12, 2024:
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Mayor Adams Supported First-Ever LGBTQ+ Inclusive St. Patrick's Day Parade on Staten Island in March 2024
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New York City Mayor Eric Adams today celebrated a decision by the Richmond County St. Patrick's Day Parade committee to allow LGBTQ+ groups to march in the borough's annual celebration of Irish heritage for the first-time ever in 2025.
"From day one, our administration has been
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N.Y. PSC Issues Notice Involving Orange & Rockland Utilities
ALBANY, New York, Nov. 13 -- The New York State Public Service Commission issued the following notice (Case No. 24-E-0060; 24-G-0061) on Nov. 12, 2024:
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Proceeding on Motion of the Commission as to the Rates, Charges, Rules and Regulations of Orange and Rockland Utilities Company, Inc. for Electric Service.
Proceeding on Motion of the Commission as to the Rates, Charges, Rules and Regulations of Orange and Rockland Utilities Company, Inc. for Gas Service.
NOTICE OF EVIDENTIARY HEARING O
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N.Y. PSC Issues Order Involving Charter Communications, Time Warner Cable
ALBANY, New York, Nov. 13 -- The New York State Public Service Commission issued the following order (Case No. 15-M-0388) on Nov. 12, 2024:
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Joint Petition of Charter Communications and Time Warner Cable for Approval of a Transfer of Control of Subsidiaries and Franchises, Pro Forma Reorganization, and Certain Financing Arrangements.
ORDER ADOPTING EMERGENCY ACTION ON A PERMANENT BASIS
INTRODUCTION AND BACKGROUND
On August 15, 2024, the Public Service Commission (Commission) issued an
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N.Y. U.S. Attorney: Bronx Juvenile Detention Center Supervisor Pleads Guilty in Connection With Beating of 16-Year-Old Resident and False Report
NEW YORK, Nov. 13 -- The office of the U.S. Attorney for the Southern District of New York issued the following news release on Nov. 12, 2024:
Damian Williams, the United States Attorney for the Southern District of New York, announced today the guilty plea of DAQUAN SEYMOUR, a supervisor at the Horizon Juvenile Center ("Horizon"), a secure detention center for juveniles located in the Bronx, New York, in connection with his beating of a 16-year-old resident at Horizon ("Minor Victim-1"), and a
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N.Y. U.S. Attorney: Two Somali Pirates Sentenced to 30 Years Each in Prison for Armed Hostage Taking of American Journalist
NEW YORK, Nov. 13 -- The office of the U.S. Attorney for the Southern District of New York issued the following news release on Nov. 12, 2024:
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ABDI YUSUF HASSAN and MOHAMED TAHLIL MOHAMED were both sentenced to 30 years in prison for hostage taking, terrorism, and firearms offenses, in connection with the 977-day hostage taking of an American journalist in Somalia. A jury in the Eastern Distr
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NEW YORK DEPARTMENT OF STATE ANNOUNCES SIGNIFICANT PROGRESS ON WATKINS GLEN DOWNTOWN REVITALIZATION INITIATIVE
ALBANY, New York, Nov. 13 -- The New York Department of State issued the following news release:
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Harborside Village Apartments Project Renovated Vacant Former Medical Building into Five Market Rate Apartments
Groundbreaking for ADA Accessible Playground at Clute Park
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New York Secretary of State Walter T. Mosley today announced significant progress on the Watkins Glen Downtown Revitalization Initiative with the completion of the Harborside Village Apartments and a groundbreaking
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New York State OGS & CDD Garner NY Emmy Award for Production of Willowbrook Documentary
ALBANY, New York, Nov. 13 -- The New York State Office of General Services issued the following news release:
The New York State Council on Developmental Disabilities (CDD) and Office of General Services (OGS) today announced that "The Path Forward: Remembering Willowbrook," a documentary produced and distributed by CDD and the OGS Digital and Media Services team has received a NY Emmy Award in the Diversity/Equity/Inclusion - Long Form Content category.
"Congratulations to the OGS Media Servi
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SEC Issues Accounting & Auditing Enforcement Order Involving Elanco Animal Health
WASHINGTON, Nov. 13 -- The Securities and Exchange Commission's Accounting and Auditing Enforcement issued the following order (No. 4537) on Nov. 12, 2024:
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In the Matter of ELANCO ANIMAL HEALTH INC., Respondent.
ORDER INSTITUTING CEASE-AND-DESIST PROCEEDINGS PURSUANT TO SECTION 8A OF THE SECURITIES ACT OF 1933 AND SECTION 21C OF THE SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS, AND IMPOSING A CEASE-AND-DESIST ORDER
I.
The Securities and Exchange Commission ("Commission") deems it
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SEC Issues Accounting & Auditing Enforcement Order Involving Prager Metis CPAs
WASHINGTON, Nov. 13 -- The Securities and Exchange Commission's Accounting and Auditing Enforcement issued the following order (No. 4538) on Nov. 12, 2024:
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In the Matter of PRAGER METIS CPAs, LLC Respondent.
ORDER INSTITUTING PUBLIC ADMINISTRATIVE PROCEEDINGS PURSUANT TO RULE 102(e) OF THE COMMISSION'S RULES OF PRACTICE, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS
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The Securities and Exchange Commission ("Commission" or "SEC") deems it appropriate and in the public interest tha
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Sherrill Statement on Congestion Pricing
WASHINGTON, Nov. 12 -- Rep. Mikie Sherrill, D-New Jersey, issued the following news release:
LIVINGSTON, NJ Today, Congresswoman Mikie Sherrill released the following statement after reports that New York Governor Kathy Hochul is considering reviving New York's congestion pricing scheme:
"Gov. Hochul's congestion pricing scheme is an ill-thought out plan to fund the MTA on the backs of New Jerseyans. Not only will it cause longer commuting times and more pollution as commuters seek cheaper r
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Statement on Accepting President Donald J. Trump's Nomination to Serve in his Cabinet as Ambassador to the United Nations
WASHINGTON, Nov. 11 -- Rep. Elise Stefanik, R-New York, issued the following news release:
House Republican Conference Chairwoman Elise Stefanik released the following statement:
"I am truly honored to earn President Trump's nomination to serve in his Cabinet as U.S. Ambassador to the United Nations. During my conversation with President Trump, I shared how deeply humbled I am to accept his nomination and that I look forward to earning the support of my colleagues in the United States Senate.
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White House Fact Sheet: Biden-Harris Administration Leverages Historic U.S. Climate Leadership at Home and Abroad to Urge Countries to Accelerate Global Climate Action at COP29
WASHINGTON, Nov. 13 (TNSfact) -- The White House issued the following fact sheet on Nov. 12, 2024:
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Biden-Harris Administration Leverages Historic U.S. Climate Leadership at Home and Abroad to Urge Countries to Accelerate Global Climate Action at the 29th U.N. Climate Change Conference (COP29)
Since Day One, President Biden has treated climate change as not only one of the greatest challenges of our time, but also as a once-in-a-generation opportunity to unleash a new era of economic gro
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