April 12, 2019

Mnuchin reveals White House lawyers consulted Treasury on Trump tax returns, despite law meant to limit political involvement

Source: The Washington Post

By Damian Paletta

Treasury Department lawyers consulted with the White House general counsel’s office about the potential release of President Trump’s tax returns before House Democrats formally requested the records, Treasury Secretary Steven Mnuchin said Tuesday.

Mnuchin had not previously revealed that the White House was playing any official role in the Treasury Department’s decision on releasing Trump’s tax returns.

Democrats are asking for six years of Trump’s returns, using a federal law that says the treasury secretary “shall furnish” the records upon the request of House or Senate chairmen. The process is designed to be walled off from White House interference, in part because of corruption that took place during the Teapot Dome scandal in the 1920s.

Continue reading
April 12, 2019

Brooklyn Lawmakers On The Move April 9, 2019

Source: Kings County Politics

Rose, Pushes For Increased Funding To Support NYC Counterterrorism Programs
Congressmen Max Rose (D-South Brooklyn, Staten Island) and Peter King (NY-3) joined by the entire New York City delegation, are leading a push to fully fund Homeland Security programs that support New York City.

Continue reading
April 12, 2019

New Armenian Genocide Resolution Locks-In Official Recognition, Rejects Denial, Encourages Public Education

Source: The Armenian Weekly

By ANCA

WASHINGTON, D.C.–On the eve of the Capitol Hill Armenian Genocide Observance, Congressmen Adam Schiff (D-CA) and Gus Bilirakis (R-FL) were joined by over 70 of their U.S. House colleagues in introducing a new Armenian Genocide Resolution aimed at establishing, as a matter of U.S. policy, 1) the rejection of Armenian Genocide denial, 2) ongoing official U.S. government recognition and remembrance of this crime, and 3) the importance of education about the Armenian Genocide in preventing modern-day atrocities, reported the Armenian National Committee of America (ANCA).

“All who oppose genocide welcome today’s launch of legislation locking-in U.S. recognition of the Armenian Genocide and–once and for all–locking-out Turkish denials of this crime,” said ANCA Executive Director Aram Hamparian. “This bipartisan measure – spearheaded by Representatives Adam Schiff and Gus Bilirakis–also permanently locks down–as official U.S. policy–that future generations should be educated about the facts of this crime, America’s noble relief efforts for its victims, and–most urgently–the relevance of the Armenian Genocide to modern-day crimes against humanity.”

Continue reading
April 12, 2019

‘The aspirational lights are here in Queens’: optimism spreads at affordable housing groundbreaking

Source: QNS

By Mark Hallum

While some discussed the difficulties of building affordable housing at any level of government, others marveled at the fact that while Queens once looked to Manhattan for inspiration, residents of the borough nowadays are looking inward.

At least this was the attitude of lawmakers and socially conscious execs at the groundbreaking ceremony for the over 1,100 units of affordable housing in Hunters Point South on Friday morning.

“[Newspaper columnist Jimmy Breslin] always said that Queens was the most romantic borough because we could look out at the aspirational lights of Manhattan, but what’s happened in the last few years is that the aspirational lights are here in Queens,” Assemblywoman Catherine Nolan said. “It’s in Queens where people are getting the chance to build their lives and families.”

Continue reading
April 12, 2019

Minor Identified As UES Vandal Who Painted Swastikas In Gym

Source: Patch

By Brendan Krisel

UPPER EAST SIDE, NY — A minor has been identified as the suspect in an incident of anti-Semitic vandalism at an Upper East Side gym, the gym’s director told members in an email Friday.

The executive director of the Asphalt Green athletic facility told members that the gym has turned over all “pertinent information” to the NYPD hate crimes unit regarding the vandalism of one of its locker rooms. The vandal painted swastikas on the walls and fixtures of family locker rooms in Asphalt Green’s AquaCenter in March.

As a response to the vandalism, Asphalt Green increased its security and plans to keep those measure in place going forward, the gym’s executive director Maggy Siegel said in an email to members.

Continue reading
April 12, 2019

NYC’s ghost towers

Source: The Real Deal

By E.B. Solomont and Kevin Sun

Over the course of the last several years, billionaire Ken Griffin went on what can only be described as a real estate buying binge. There was a $60 million penthouse in Miami, a $59 million penthouse on Chicago’s Gold Coast and a $122 million mansion overlooking St. James’s Park in London. Then, for the hedge funder’s pièce de résistance, he closed on the record-breaking $238 million condo at 220 Central Park South.

Griffin obviously isn’t the first billionaire to purchase a second, third or fourth home in New York. And he has said he is in New York almost every week and plans to make this apartment his home in the city. But purchases like his — or at least those in the seven- and eight-figure price range — have become commonplace in Manhattan and have contributed to a much-maligned phenomenon here in which shiny new condo towers get sold out and then sit half empty for months at a time.

Continue reading
April 5, 2019

NASAA Testifies at Congressional Hearing on Proposals to Put Main Street Investor Interests First

Source: NASAA

WASHINGTON, DC, April 3, 2019 – The North American Securities Administrators Association (NASAA) today offered strong support for a series of legislative proposals designed to promote investor confidence and greater corporate accountability by removing advantages detrimental to the interests of Main Street investors.

“NASAA applauds the Subcommittee on its decision to hold its initial hearings of the 116th Congress on proposals that explicitly place the interest of Main Street investors first,” Maryland Securities Commissioner and NASAA Board member Melanie Lubin testified before the House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, chaired by Rep. Carolyn Maloney (D-NY).

Continue reading
April 5, 2019

Week in Review: Christo Will Wrap the Arc de Triomphe

Source: Hyperallergic

By Jasmine Weber

At the end of March, Women’s History Month, Congress introduced bipartisan bills in the House of Representatives and the Senate to establish a Smithsonian museum dedicated to women’s history. “The US needs and deserves a comprehensive women’s history museum that will inspire men and women of all ages and for future generations,” said Representative Carolyn Maloney (D–NY). “For too long, women who have made extraordinary contributions to our nation have been left out of the telling of our history.” Both bills are called the “Smithsonian American Women’s History Museum Act.” [artnet]

Continue reading
April 5, 2019

Warren leads Democrats in pushing for crackdown on executives

Source: Politico

By Zachary Warmbrodt

Sen. Elizabeth Warren and other Democrats in Congress are rolling out a batch of tough legislative proposals designed to rein in and even jail corporate executives, a push that they say would protect investors and consumers but one that also serves as a preview of their looming 2020 campaign.

On Wednesday morning, Warren, a Massachusetts Democrat and presidential candidate, released a proposal that would incarcerate executives for wrongdoing at companies under their watch — legislation she framed as a response to widespread harm unleashed by Wells Fargo and Equifax on millions of Americans.

In the afternoon, House Financial Services Committee Democrats kicked off work on six bills that would restrict stock trading by executives, cement a ban on insider trading and strengthen legal protections for corporate whistleblowers.

Continue reading
April 5, 2019

Bills to Establish a Smithsonian Women’s History Museum Introduced in Congress

Source: The Hoya

By Harrison McBride

Bills proposing a new Smithsonian Institution museum that would highlight the contributions of women throughout U.S. history were introduced in both chambers of Congress on March 28.

Sen. Susan Collins (R-Maine) introduced a bill in the U.S. Senate, and Rep. Carolyn Maloney (D-N.Y.) introduced a bill in the U.S. House of Representatives.

Ten Republicans and 16 Democrats cosponsored the proposed legislation in the House, among them were Rep. Brian Fitzpatrick (R-Pa.), Rep. Brenda Lawrence (D-Mich.) and Rep. Eleanor Holmes Norton (D-D.C.). One senator, Sen. Dianne Feinstein (D-Calif.), cosponsored the upper chamber’s bill.

Continue reading