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Articles Posted by ABC News
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Wednesday, December 15
by
ABC News
Airline CEOs face lawmakers on cancellations, delays despite $54B bailout
(WASHINGTON) -- Major U.S. airline CEOs were in the hot seat on Capitol Hill Wednesday afternoon, questioned by lawmakers on whether they appropriately spent billions in taxpayer dollars.The airline industry received a bailout of $54 billion at the height of the pandemic when air ...
Wednesday, December 15
by
ABC News
Tapering, explained: Federal Reserve to reel back massive bond-buying program
(WASHINGTON) -- It's been hard for Americans to avoid headlines and statements about "tapering" in recent months, as economists and policymakers debate how to best support the economy while the pandemic ebbs in the U.S.The Federal Reserve said in a policy statement Wednesday that ...
Wednesday, December 15
by
ABC News
Biden surveys tornado damage in Kentucky ahead of remarks on ‘extreme weather’
(MAYFIELD, Ky.) -- President Joe Biden on Wednesday surveyed storm damage and met with families in neighborhoods ravaged by the deadly tornadoes .Biden viewed damage in Mayfield before heading to Dawson Springs and also make remarks on the federal response and "extreme weather," according ...
Wednesday, December 15
by
ABC News
Federal judge dismisses lawsuit by Trump seeking to prevent House from releasing his tax returns
(WASHINGTON) -- A Trump-appointed judge has dismissed a lawsuit filed by the former president that was seeking to prevent the House Ways and Means Committee from publishing his tax returns.D.C. District Court Judge Trevor McFadden wrote in his opinion Tuesday that the former president ...
Wednesday, December 15
by
ABC News
Megadeth’s Dave Mustaine announces first signature guitar with Gibson
Megadeth frontman Dave Mustaine has announced his first signature guitar as part of his new partnership with Gibson.The Gibson Dave Mustaine Flying V EXP is available in two finishes: Antique Natural and Silver Metallic. According to a press release, the axe provides "the powerful, ...
Wednesday, December 15
by
ABC News
Five FBI officials solicited prostitutes overseas while on work trips: DOJ inspector general
(WASHINGTON) -- Five Federal Bureau of Investigation officials "solicited" prostitutes while on an overseas trip, the Department of Justice inspector general said in a two-page report.Four of the officials "solicited, procured, and accepted commercial sex overseas.""The OIG investigation also found that four of those ...
Wednesday, December 15
by
ABC News
Congressional Democrats raise debt limit by $2.5 trillion, averting financial calamity
(WASHINGTON) -- Late Tuesday night, the House voted to raise the debt ceiling by $2.5 trillion -- a move that should stave off the first-ever default.All Democrats in both the Senate and House voted to raise the debt limit. One Republican, Rep. Adam Kinzinger, ...
Wednesday, December 15
by
ABC News
House votes to hold Mark Meadows in contempt of Congress over Jan. 6 probe dispute
(WASHINGTON) -- The House voted Tuesday night to hold former President Donald Trump's chief of staff, Mark Meadows, in contempt of Congress for defying a subpoena from the House select committee investigating the Jan. 6 Capitol attack to appear for a deposition.The vote was ...
Tuesday, December 14
by
ABC News
Full House expected to hold Mark Meadows in contempt of Congress
(WASHINGTON) -- The House on Tuesday is expected to hold Mark Meadows, former President Donald Trump's chief of staff, in contempt of Congress for defying a subpoena for his testimony from the select committee investigating the Jan. 6 Capitol riot.Meadows, a former House member, ...
Tuesday, December 14
by
ABC News
Ex-Gaetz associate Joel Greenberg agrees to pay Seminole County nearly $2M in restitution
(SEMINOLE COUNTY, Fla.) -- Former Seminole County tax collector Joel Greenberg, the one-time associate of Rep. Matt Gaetz who in May pled guilty to multiple charges including sex trafficking a minor, has reached a verbal agreement to pay back the county over $1.8 million ...
Tuesday, December 14
by
ABC News
Former Gov. Andrew Cuomo ordered to relinquish reported $5.1M in book proceeds
(NEW YORK) -- An ethics commission has ordered former New York Gov. Andrew Cuomo to turn over a reported $5.1 million in proceeds from his pandemic leadership book to the New York State Attorney General's Office.The state's Joint Commission on Public Ethics (JCOPE), gave ...
Tuesday, December 14
by
ABC News
Senate Democrats raise debt limit by $2.5 trillion, averting financial calamity
(WASHINGTON) -- The Senate narrowly averted financial calamity Tuesday by passing legislation to raise the federal borrowing limit by $2.5 trillion dollars.All Democrats voted to raise the debt limit. No Republicans joined them.The legislation heads to the House next, where it is expected to ...
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