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Thursday, November 21, 2024

Regulation News

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Financial Researcher: Wisconsinites could see increase in credit card fraud under proposed credit card regulations

Glenn Grossman, the director of research at financial advisory firm Cornerstone Advisors, said the pending federal “Credit Card Competition Act of 2023” (CCCA) could lead to an increase in credit card fraud.

By The Sconi News Service | Apr 25, 2024

Regulation

US Sen. Johnson: 'The illegal immigration crisis at our southern border is overwhelming CBP, local educators, public safety, and law enforcement'

U.S. Senator Ron Johnson (R-WI) has recently voiced his concerns regarding the escalating illegal immigration crisis at the Southern border, which is exerting immense pressure on law enforcement, local services, and Customs and Border Protection (CBP). He calls for extraordinary measures to tackle this issue. His remarks follow reports of a substantial migrant caravan advancing towards the U.S.

By The Sconi | Dec 27, 2023

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Wisconsin jury set to decide landmark medical malpractice and battery lawsuit against Appleton’s Ascension St. Elizabeth Hospital

By Special to the Sconi | Dec 6, 2023

In a precedent-setting case, a Wisconsin jury is poised to determine the outcome of a lawsuit accusing Ascension St. Elizabeth Hospital in Appleton and medical providers of medical malpractice and battery, resulting in the death of 19-year-old Grace Schara, who had Down syndrome.

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Sen. Johnson: 'What are they hiding?'

By The Sconi Report | Aug 30, 2023

Wisconsin Republican Senator Ron Johnson used the social media platform X, formerly known as Twitter, to ask why the Centers for Disease Control and Prevention (CDC) has halted the reporting of new adverse events associated with COVID-19 vaccines under the program called V-Safe.

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Biden: 'It's going to be a great year'; Wisconsin business owners predict recession

By The Sconi Report | Jan 4, 2023

President Joe Biden said in a tweet that he believes 2023 will be a "great year," because parts of the Inflation Reduction Act are going into effect. However, the high rate of inflation over the last year resulted in trillions of dollars in lost wealth for American households, and many are struggling to keep up with high costs of living. Some economists are predicting a nationwide recession in 2023, and a majority of business owners surveyed by Wisconsin Manufacturers and Commerce predict a recession.

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Vanguard: 2022 saw 'signs of increasing financial strain' as Wisconsin consumer sentiment index dropped significantly in 2022

By The Sconi Report | Dec 26, 2022

Recent Vanguard survey data shows that investors have turned to their retirement savings for cash in 2022 as hardship withdrawals reach all time highs. There was a noticeable uptick in Americans pulling from their savings demonstrating a decline in the financial stability of households, despite IRS penalties. Vanguard’s head of investor research says this could cause “deterioration in the financial health of the average consumer.” The consumer sentiment index across the North Central region, including Wisconsin, has declined throughout 2022. Long-term predictions show GDP growth to average out which has investors bracing for incoming short-term financial hardship.

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Larson: 'Are we close to harnessing the power of the sun for unlimited clean energy?'

By The Sconi Report | Dec 20, 2022

Scientists have finally achieved fusion ignition.

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EIA expects 'higher wholesale electricity prices this winter in every region of the country' as Wisconsinites will spend 62% more for electricity this winter

By The Sconi Report | Dec 15, 2022

The U.S. Energy Information Administration (EIA) forecasts a long, dark winter with limited natural gas production and rising demand for natural gas, setting the scene for rising energy prices across much of the country, including Wisconsin.

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Barnes: 'We have seen unprecedented growth' as economy headed for recession

By Glenn Minnis | Oct 25, 2022

Democratic candidate for the U.S. Senate in Wisconsin Mandela Barnes has a different view from many when it comes to the country’s sputtering economy.

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New poll: ‘76% say grocery prices have risen in last month’ as economy headed for recession and Barnes supports program experts say could lead to increased future inflation

By Andy Nghiem | Oct 21, 2022

According to Ballotpedia’s most recent Scott Rasmussen Number of the Day poll, a majority of voters have seen grocery prices and gas prices rise in the past month. Economists are predicting a recession is coming and inflation is not going away anytime soon. Some economists say inflation is tied to government spending, supply chain logistics and the war in Ukraine. Wisconsin candidate for Senate Mandela Barnes supported the Student Debt Relief executive order under the Biden administration earlier this year.

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Former attorney general Sessions: 'Historic surge in violent crime— one that was entirely predictable'

By Glenn Minnis | Oct 11, 2022

Former Attorney General Jeff Sessions is sounding the alarm about rising violent crime and a record-setting murder rate that shows few signs of slowing.

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US, Wisconsin experiencing spike in opioid-related overdose deaths as drugs flood southern border

By Andy Nghiem | Oct 9, 2022

Overdose deaths in Wisconsin and across the U.S. have increased dramatically in the last two years.

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Wisconsin gas prices rise 15 cents in one week, Barrasso says lasting solution is 'unleashing American energy production, not draining our own emergency supply'

By David Beasley | Oct 4, 2022

The minor relief from sky-high pump prices was short-lived, especially in the West and in the state of Wisconsin where gas prices have completely soared in the last week.

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Senate Republicans: 'Democrats would rather audit Americans than secure the border'

By Glenn Minnis | Sep 22, 2022

With U.S. Southern border arrests now topping a record two million, U.S. Senate Republicans charge democrats continue to have the wrong focus

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Ramamurti: Loan relief program is 'paid for and far more' by deficit reduction

By Glenn Minnis | Sep 13, 2022

With the question of how President Joe Biden will fund his massive student loan forgiveness plan in the face of runaway inflation, fears the plan will ultimately do more harm than good in driving up costs in almost every area for virtually every American are on the rise.

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Mike Pompeo: 'Joe Biden isn't forgiving student loan debt, he's subsidizing college tuition'

By Glenn Minnis | Sep 6, 2022

Former U.S. Secretary of State Mike Pompeo is warning that President Joe Biden’s student loan forgiveness plan stands to make the problem of rising tuition costs an even greater issue for future generations.

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Border patrol chief agent: 'Encounters have increased over 92% from last year'

By David Beasley | Aug 31, 2022

The U.S. Customs and Border Protection Agency said the Swanton Sector, which includes counties in Vermont, New York and New Hampshire, has seen a 92% increase in encounters.

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Institute for Energy Research: 'Historically high prices keep more drivers off the road than COVID lockdowns'

By Andy Nghiem | Aug 11, 2022

The Institute for Energy Research reported inflation and demand destruction has brought down the price of gas, as gasoline consumption has drastically dropped since Americans reportedly cannot afford it.

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New study: 52% of Americans fear for their safety on a daily basis

By Glenn Minnis | Jul 29, 2022

A recent survey conducted by OnePoll finds that more Americans face growing concerns about crime, with more than half of them admitting that they feel concerned for their personal safety every day.

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Rep. Higgins: '1 million barrels per day is being released from the Strategic Petroleum Reserve'

By Glenn Minnis | Jul 21, 2022

U.S. State Rep. Clay Higgins (R-LA) worries President Joe Biden may only be making the country’s gas pump crisis worse based on his desperate actions.