35 Burst results for "Mchenry"
AP News Radio
Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resist
"Debt ceiling talks yesterday showed few outward signs of progress with Republican negotiators accusing The White House of wasting precious time in the bid to avoid a debt default. The lack of urgency here is apparent. GOP negotiator Patrick mchenry's criticism drew a fast response. There's a ridiculous statement for them to be making. From White House spokeswoman karine Jean Pierre. There's an urgency. We want to see this done as soon as possible. And while House speaker Kevin McCarthy says they're not there yet. I believe we can still get there and get there before June 1st. When the Treasury Department says America may run out of cash to pay its bills, triggering up perhaps catastrophic default. The GOP's insisting the government roll back spending next year, which is the key sticking point. McCarthy says negotiators are looking at creative cuts, all sides can accept Sagar Meghani, Washington.
Mark Levin
Biden Issues Terse Statement After McCarthy Debt Ceiling Talks
"Joe Biden put out a well there's people put out a statement just now I just concluded a productive meeting with speaker McCarthy about the need to prevent default and avoid a catastrophic catastrophe for economy We reiterated once again the default is off the table and the only way to move forward is in good faith toward a bipartisan agreement while there are areas disagreement speaker and I and his lead negotiators determine mchenry and trim and graves and our staffs will continue to discuss the path forward So in other words we don't know what the hell is going on Isn't that the long and the short of it mister producer Yes indeed America So there we have it
AP News Radio
Biden, McCarthy to hold pivotal meeting on debt ceiling as time to resolve standoff grows short
"President Biden and House speaker Kevin McCarthy will meet today for a critical talk, says time grows short to end the debt ceiling standoff. The president called McCarthy from Air Force One while flying home from Japan last night. Saying it went well. McCarthy was also upbeat. I believe it was a productive phone call. Won that led to negotiators resuming stalled talks, including North Carolina Republican Patrick mchenry. The fact that our principal spoke made a big difference reset where we're guidance and I think that was helpful. Still make Henry says there are obstacles and the race is on, with treasury chief Janet Yellen, saying June 1st is a hard deadline to raise the debt limit and avoid default. Sagar Meghani, Washington.
CoinDesk Podcast Network
We Need Regulatory Clarity to Keep Crypto Exchanges Onshore...
"Today's featured stories and opinion piece from Jack soloway and Jennifer Schultz. Mister soloway is a policy analyst at kato's institute center for monetary and financial alternatives while miss Schultz is the director of financial regulation studies at the same institute. Our piece today is entitled, we need regulatory clarity to keep crypto exchanges onshore and DeFi permissionless. At consensus 2023, senator Cynthia lummis, a Republican from Wyoming, and congressman Patrick mchenry, a Republican from North Carolina, voiced their goals of developing legislation to clarify crypto market structure in the united states, with a house proposal expected in the next two months. Last week, in a joint hearing of the digital asset subcommittee of the House agriculture and House financial services committees, work proceeds to resolve what congressman French hill, a Republican from Arizona, has referred to as an impossible situation where the same firms are subject to competing enforcement actions by the Securities and Exchange Commission, or SEC, and the commodity futures trading commission or CFTC, which is in their words, pushing entrepreneurs, developers, and job creators offshore. This is an impossible situation, and it's manifestly unwise for the U.S. to show the door to those working on what may be the next generation of global financial infrastructure. Congress must bring regulatory clarity to crypto market structure, defining the bounds and appropriate legal treatment of crypto securities, crypto commodities, and the exchanges, both centralized and decentralized over which they trade. Notwithstanding the skepticism and evasions of SEC chair Gary gensler, crypto's core innovation decentralization is the proper criterion by which to rationalize digital asset market structure and determine whether applying traditional financial regulations to crypto tokens in exchanges make sense. The phrase, same activity, same risk, same regulation, is oft repeated by financial regulators. But as applied to crypto, it raises the question, are the risks the same. Specifically, do crypto projects present the risks that issuers in the primary market or intermediaries in the secondary market can exploit their position to harm token purchasers by, for example, abusing non public information, misleading market participants, breaking promises, or otherwise engaging in fraud.
The Breakdown
Congress Grills Gensler on Anti-Crypto Stance
"Yesterday was for so many of us, akin to the Super Bowl of crypto regulatory action. It was the long awaited verbal comeuppance for the industry's number one antagonist. Yes, yesterday SEC chair Gary gensler sat in front of the House financial services committee for a grueling four and a half hour oversight hearing. Now, gender last appeared before the House in 2021, although he did appear in the Senate for an oversight hearing in September of last year. Ahead of the hearing notable Republican committee members, including GOP whip Tom emmer, and representative Warren Davidson, expressed deep misgivings about how gensler has been running the regulatory agency and foreshadowed a tough interrogation. The hearing covered a broad range of regulatory changes that have been introduced during gensler's tenure. This includes climate change disclosure requirements, proxy share ownership and major market structure reforms, all of which were seen as regulatory overreach by House Republicans. Since gensler came into office, he has used the agency's rulemaking power at an unprecedented level, introducing 53 new rules in the two years he's been in office. That's more than twice the amount introduced under each of the two previous SEC chairs. Of course, it seems odd, given that one of the key issues the crypto industry has with the SEC is ignoring proper process by avoiding the rulemaking procedure when making changes. But in broader financial markets, gensler is viewed as being far too prolific in changing the rules. He's seen as often speeding through the public comment process and increasing compliance costs for public companies with these plethora of new rules. Now, despite all of those issues being raised, the focus was undeniably on the SEC's recent rampage through the crypto industry. Republican committee chairman Patrick mchenry got right to the point in his opening comments. Which criticized the SEC's approach to regulating digital assets. But Henry said, under your leadership, the SEC has brought nearly 50 separate enforcement actions against digital asset firms. At the same time, you have refused to provide clarity on whether digital assets as part of an investment contract are subject to securities laws, and more importantly how these firms should comply with those laws.
WBBM Newsradio
"mchenry" Discussed on WBBM Newsradio
"Now. House financial services committee chairman Patrick mchenry says no rush. Well, I'm trying to do is get to the details of what happened and then determine whether or not there's a proper legislative response. Lawmakers are reacting to what former president Trump posted on his truth social platform yesterday. He speculated he'll be arrested on Tuesday and his calling on his supporters to protest. Here's CBS's Michael George. In a tweet, Republican House speaker Kevin McCarthy called the potential indictment and outrageous abuse of power by a radical DA. He said he's directing relevant committees to investigate if federal funds are being used to quote subvert our democracy by interfering in elections with politically motivated prosecutions. In a statement, former democratic House speaker Nancy Pelosi said the grand jury is consideration of this case, makes clear. No one is above the law, not even a former president of the United States. Meantime, it's been more than two months since a House committee wrapped up its investigation into the January 6th attack on the capitol, and now Republicans are launching their own version. They're pledging to review both sides and, quote, show what really happened on January 6th. Democrats call the effort obscene and political theater. Georgia Republican representative Barry loudermilk will chair the committee. He told CBS News his panel would consider seeking an interview with former speaker Nancy Pelosi as part of its investigation. Pope Francis offering prayers for the victims of the earthquake in Ecuador and Peru. For their cleaning up
Bloomberg Radio New York
"mchenry" Discussed on Bloomberg Radio New York
"Podcasts, congressman Patrick mchenry the Republican who chairs the House financial services committee. On the failure of SVB and finding out what led to the collapse. What we know at this point is you have a couple of theories of the case. One, mismanagement, obviously the firm failed. Two, supervision. Whether or not those that were tasked with overseeing the bank and the regulatory sphere did the right thing. Third regulation, fourth law, and then 5th is this macro question about the economy, the fiscal house that inflamed inflation, and then the fed response to it in a rapid rising rate. So you have 5 buckets of theories at this point. And everyone has jumped to their natural conclusion to give the answer here. We have to first figure out why this happened and determine in a really quantitative and qualitative way what happened. So you can't tell us now if the bill passed in 2018, in fact, was partly to blame. Or maybe a better way to say is the original God Frank would not have prevented this from happening. Well, the original Dodd Frank, and then the update and S 21 55, the bipartisan bill that passed in 2018. The theory is among some is that that change in such a substantial way, Dodd Frank, that they could have seen it under the original law, but didn't see it because of the regulatory change. The first studies of this and the indication from bank analysts is that that's not the case. Hear the full conversation on the
The Charlie Kirk Show
Charlie Welcomes Congressman Byron Donalds to the Show
"Welcome to the program. How are you doing, Charlie, good seeing you. It's great. So I want to get into the specific news from the House oversight committee, but let's just I want to get a bigger picture kind of answer from you. How are things in Congress? Speaker fight as well in the rearview mirror. Talk about the pace to talk about the results. Talk about how this Congress is currently contrasting with the one that just ended. Well, look, I got to tell you this Congress has actually moved faster and done more things. And even I anticipated, I mean, I was hopeful. It's what I wanted to see happen, but we've been moving at breakneck speed. Obviously everybody pays attention to oversight and judiciary, but even in the other committee's homeland, agriculture, natural resources, my other committee financial services, we're all moving at warp speed. On financial services, I'm on the ESG task force appointed by chairman of mchenry on that task force. I mean, we're really looking into everything. And so, you know, that's really has me optimistic. The second part is, you know, the members want to do the work. You know, the members are excited about being in a majority. They want to hold this administration. Accountable, just like everybody watching your show and people who listen to shows and activists, patriots, conservatives, you know, people who just want to see the country back on track. But for this crop of Republicans is committed to that work. So it's not been a thing where you have members saying, oh, maybe we shouldn't go here. Oh, maybe we should stay away from that. You know, what's The New York Times going to say, you know, what might CNN run? Everybody's like, no, that's just going to get it done. And so that's kind of the attitude in the atmosphere right now. Amongst House Republicans. And I think it's a good thing.
The Breakdown
"mchenry" Discussed on The Breakdown
"Well, listen. Even if FTX hadn't righteously imploded. Ripping to shreds a huge amount of goodwill in Washington. 2023 was already set up to be a big year for crypto regulation. Part of it was that it was just time. Part of it was that many of those processes were started last year between Biden's executive order, numerous bills introduced in the House and Senate, including thoughtful well considered legislation like the lummis gillibrand responsible financial innovation act and some considerably less good legislation as well. Part of why this year was poised for regulation even before FTX was that the Republicans were taking power in the house, which meant that representative Patrick mchenry would be moving from ranking member to chair of one of the most important congressional committees when it comes to the industry, the House financial services committee. While crypto has remained remarkably bipartisan compared to most other political issues, there's no denying that mchenry is one of the most important advocates for the space and importantly, the principles that underlie it. But of course, given that FTX did implode and given that so many in Washington were standing in the blast radius due to their connections to SPF, it is doubly the case that crypto regulation is on the 2023 agenda. The knee jerk reaction has been to assume that because of FTX, things are going to be worse and harsher than they might otherwise have been. I don't think that that fear is unfounded. Certainly lots of people on the front lines in the crypto battle in Washington have some concerns. If you want to get a sense for that, go back and listen to my show with Kristen Smith from the blockchain association at the end of last year. At the same time, I find myself more optimistic than many here. I think that it is possible, even likely for a big event like FTX to wash away a ton of goodwill. Especially when people are scared for their own necks because they also got duped by Sam. But what big events can't wash away is the years of progress and actually learning about the industry. Being able to understand different pieces of it, being able to tell the difference between the different actors involved in a crypto transaction, wrapping their heads around non custodial technology, et cetera.
The Breakdown
2023 Was Always Set to Be a Big Year for Crypto Regulation
"Well, listen. Even if FTX hadn't righteously imploded. Ripping to shreds a huge amount of goodwill in Washington. 2023 was already set up to be a big year for crypto regulation. Part of it was that it was just time. Part of it was that many of those processes were started last year between Biden's executive order, numerous bills introduced in the House and Senate, including thoughtful well considered legislation like the lummis gillibrand responsible financial innovation act and some considerably less good legislation as well. Part of why this year was poised for regulation even before FTX was that the Republicans were taking power in the house, which meant that representative Patrick mchenry would be moving from ranking member to chair of one of the most important congressional committees when it comes to the industry, the House financial services committee. While crypto has remained remarkably bipartisan compared to most other political issues, there's no denying that mchenry is one of the most important advocates for the space and importantly, the principles that underlie it. But of course, given that FTX did implode and given that so many in Washington were standing in the blast radius due to their connections to SPF, it is doubly the case that crypto regulation is on the 2023 agenda. The knee jerk reaction has been to assume that because of FTX, things are going to be worse and harsher than they might otherwise have been. I don't think that that fear is unfounded. Certainly lots of people on the front lines in the crypto battle in Washington have some concerns. If you want to get a sense for that, go back and listen to my show with Kristen Smith from the blockchain association at the end of last year. At the same time, I find myself more optimistic than many here. I think that it is possible, even likely for a big event like FTX to wash away a ton of goodwill. Especially when people are scared for their own necks because they also got duped by Sam. But what big events can't wash away is the years of progress and actually learning about the industry. Being able to understand different pieces of it, being able to tell the difference between the different actors involved in a crypto transaction, wrapping their heads around non custodial technology, et cetera.
CryptoCurrencyWire
US Legislators Form FirstEver Subcommittee Focused on Digital Assets
"5 p.m. Friday, January 20th, 2023 U.S. legislators formed first ever subcommittee focused on digital assets the committee on financial services in the house has created a maiden subcommittee on digital assets, said chair Patrick mchenry this creates a fertile ground for a legal framework encapsulating digital assets, commented congressman French hill, the leader of the digital asset committee. He also said that America has matured now to become a forerunner continue reading U.S. legislators form first ever subcommittee focused on digital assets. The post U.S. legislators form first ever subcommittee focused on digital assets appeared first on cryptocurrency wire
Decrypt
Republican Lawmakers Push Crypto Regulation With New House Subcommittee
"11 p.m. Sunday January 15th, 2023. Republican lawmakers push crypto regulation with new House subcommittee. Congressman Patrick mchenry wants to establish clear rules of the road among federal regulators.
Bloomberg Radio New York
"mchenry" Discussed on Bloomberg Radio New York
"Patrick mchenry, Republican from North Carolina, with Bloomberg quick takes, medicine, mills. Now, Denise you know, there's a new $17 million fund focused on demographic change. We're talking about cake ventures. And Monique woodard is founder and managing director there. So she explains here what cake is up to and how the fund got to this point to Bloomberg's ad level and Caroline Hyde. Cake ventures is focused on big technological changes combined with demographic shifts. And we back and invest capital into companies that touch areas of demographic change, including aging and longevity, increased spending power of women, and the rise of a new majority. Talk to us about the rise of a new majority because I think that's a really fascinating shift. Just sort of talking about tech adopters who are coming from, well, minority led areas, particularly more people of color, Asian communities that are building something culturally as well as financially really. Correct. These three groups, Asian black and Latinos have an increasing influence on Internet culture, increasing their spending power. And I think for kick ventures, that means that this is an area that we want to invest in and invest in quite early. Congratulations is really interesting to speak to a new name in the world of venture capital. We've been talking to founders week pretty much about how difficult it's been to raise money for those startups in this environment. And I kind of want to put the same question to you. Who are your LPs? Where did the money come from? And how hard was it for you to get this vehicle finalized? Well, we have great LPs like pivotal ventures and Melinda French Gates company, Bank of America, San Donna, capital, foundry group, fund of funds like that. And we are in a really challenging time for entrepreneurs and for emerging fund managers. I won't deny that. But
Blockchain News
The New House Financial Services Committee Head Wants To Postpone Crypto Tax Measures
"For a.m. Friday, December 16th, 2022. The new House financial services committee head wants to postpone crypto tax measures. Patrick mchenry wants the treasury to postpone the infrastructure investment and jobs acts digital asset and tax collection portion. Mchenry claims the clause is poorly written and at brokers might be misinterpreted. The rule was challenged earlier this year by coin center, a blockchain advocacy organization. Crypto miners and stackers are exempt from the new law, according to senator rob Portman's tweet of a treasury letter read more
WBBM Newsradio
"mchenry" Discussed on WBBM Newsradio
"A focus on protecting the highest risk Americans and releasing what's being called a winter playbook for nursing homes and long-term care facilities outlining the actions to facilities should take to reduce serious illness prevent hospitalization and death and minimize disruptions for their communities. Mchenry county's newly elected sheriff says he's ready to get the work. The details from WWE's Rachel pierson. Rob tatman has been with the mchenry county sheriff's office for nearly 19 years, and as of December 1st, he has the title of top cop. I'm excited for what we can do. One of his top priorities is recruitment says he has a long-term plan of reaching out to the next generation of law enforcement. You know, for me, is how do we get back into the schools, you know, it would be great to be able to get in front of kids that live in this community They go and whether they serve in a military effect or go to college, how great would for them to come back to serving their community. He also wants to focus on training resources which includes building a new county wide facility. Expect it will be up and running by mid to late summer. That's what's happening in mchenry county. If you want to drive a bus or drive a train, the CTA is sweetening the pot for you, the CTA board has approved new incentives designed to help attract and retain bus and rail personnel the incentives include a $1000 hiring bonus, a retention incentive payment and an increase in the starting pay to about $40 an hour. It's 5 35 traffic weather and low gas prices, all coming up next. Look, you did the tough thing during COVID. You paid
The Crypto Overnighter
"mchenry" Discussed on The Crypto Overnighter
"And like Maxine waters, he said that if Sam chooses not to appear, he is prepared to quote issue a subpoena to compel your testimony. So it might be a race to see who gets to subpoena Sam first. Federal law enforcement is in contact with former employees of FTX and Alameda research as part of a criminal investigation. Two former employees have confirmed that they have been contacted by authorities. The investigation is still in the request for information stage and the employees did not provide details on what information was sought. The federal investigation into FTX and Alameda is being conducted by several agencies. This includes the Justice Department, the SEC, the CFTC state regulators, in court, FTX bankruptcy lawyers stated that companies new CEOs cooperating with law enforcement and regulators. In court proceedings, the CEO mentioned that there is a lack of record keeping at the company and that it has been reported that there was already an ongoing investigation before the company's public collapse. In a recent interview, sbf claims statements made by ray and FTX lawyers were false. And he said, while those statements were false, he can't remember certain details. We were talking earlier about the midterm elections and what is certainly no secret is the fact that Sam liked to donate to politicians. And there is some disagreement over exactly how much he gave to the democratic national party for the last terms elections alone. There is also a question on where he got that money. Disagreement in questions. So now SPF has claimed that he was some sort of a secret GOP mega donor. A nonprofit called citizens for responsibility and ethics in Washington is using that claim to file a complaint with the federal election commission. What they allege is that he violated federal laws by not disclosing millions of dollars that he gave to GOP affiliated quote dark money groups. And that he potentially distributed donations under other people's names. He recently told a YouTuber that he used dark money groups to hide his contributions to Republicans because he thought the press would cover it negatively. Now we do know that Sam gave around $37 million to Democrats and did Democrat leaning groups. In that interview, he said that he gave quote the same amount to both parties during the 2022 election cycle. The facts seem to be against him. Again, because public records show that he donated only around $320,000 to Republicans. Republican aligned groups. This directly contradicts his claim that he made his donations dark because reporters would have a negative reaction to them. According to the watchdog group, his comments about intentionally concealing political donations could be evidence of a violation of the federal election campaign act. This act requires that donations above $200 to influence election outcomes, they must be disclosed by the donor and that the correct person who funded the donation must be named. It is currently unclear exactly how much money he gave to dark money groups or to which organizations receive donations. These groups do not report donations and a spokesperson did not provide details about the size and scope of his Republican political giving. In the meantime, new management for FTX has reportedly hired Alex partners. They are a financial advisory company and they've been hired to conduct asset tracing to find and recover the billions of dollars worth of missing customer crypto. Alex partners is led by former SEC chief accountant Mark yachts. And this work will complement the restructuring experts of FTX. FTX and FTX U.S. were hacked on November 11th, the resulting in the loss of over $450 million worth of assets. And then in an interview on November 16th, SPF said that he had narrowed down the potential hacker to 8 people. And that he believed that they were either an ex employee or someone who installed malware on an ex employee's computer. On November 22nd, lawyer representing FTX debtors said that a significant amount of assets had been stolen or were missing from FTX and revealed that blockchain analytics firms had been enlisted to help in their investigation. The stolen funds have been moved through various crypto mixers and exchanges to launder the money. The hacker transferred their eth holdings on November 20th to a new wallet and swapped some of that for an ERC version of Bitcoin. And that's going to do it for us tonight. I want to thank you my listeners because when you stop listening, I will stop talking. We'll see you tomorrow night.
The Crypto Overnighter
"mchenry" Discussed on The Crypto Overnighter
"Financial services committee. Because representative Patrick mchenry will be the next chair of the HFS C now, the House Republican steering committee chose him for the role. Mchenry currently holds the top Republican spot on the committee. And he said that he will focus on oversight of the Biden administration and bipartisan legislation. Quote, as chairman, I will pursue an innovation and opportunity agenda. We will focus our efforts on conducting appropriate and aggressive oversight of the Biden administration as well as pursuing bipartisan legislation to put Americans back in control of their personal financial data. Enhance capital formation opportunities and develop a comprehensive regulatory framework for the digital asset ecosystem. So mchenry is known for his work on financial technology policy. He helped create early crowdfunding legislation and has played a key role in negotiations on stablecoin legislation. He has also served in House leadership, and he chose to maintain his position on the committee instead of running for a leadership post. So it's kind of hard to say what's going to happen in this case with the house. Because while waters is starting the investigation, mchenry will be finishing it. Will he be content to just pursue SPF in his team? Or is he going to be looking into the relationships between SPF and the U.S. government? And let's stick with the House of Representatives because some members are taking action. Representative Richie Torres has introduced two bills in the House of Representatives. The bills aim to prevent cryptocurrency exchanges from misusing customer funds and to require them to disclose proof of reserves to the security's exchange commission. Torres said that the bills are intended to complement other legislation on cryptocurrency.
The Crypto Overnighter
"mchenry" Discussed on The Crypto Overnighter
"Here, encrypted, it's 10 p.m. Pacific time, my name is nicodemus and welcome back to the crypto overnighter, where we take a nightly look at the crypto NFT and metaverse space, and keep in mind nothing in this show should ever be considered financial advice. Hello, it's 10 p.m. Pacific time on a Thursday, December 8th, 2022. Here we go. Now the question I've got is will she or won't she? And when I ask that question, I'm not asking whether or not Kim Kardashian is going to lose her class action lawsuit in the Ethereum max case. Spoiler alert, she won't. No, as it turns out, a judge in California has dismissed the class action lawsuit against the celebrities, Kim Kardashian and Floyd Mayweather, for promoting the cryptocurrency Ethereum max. Now, apparently, the plaintiffs had not even seen the specific promotions that were shared by the celebrities.
The Dan Bongino Show
Make Sure to Support Catalina Lauf for Congress
"Tell us your district Tell us where you're running so the people who are listening in that area in our WLS station over there they know to get out and vote for you tomorrow It's super important Yeah if we're in Illinois 11th district so it encompasses parts of mchenry county with Doc mchenry all the way down to Camden hills Alban Lamont bowling brook Naperville north aurora and everything in between that big line As you know the Democrats gerrymandered this seat However we are feeling very confident because the incumbent close to 20 year incumbent Democrat who's been backed by Mike madigan in the corruption it here on Illinois were ready to retire him tomorrow but we can't do it without the support and help of our people here in this district So if you're in that area please get out to vote take your family and friends because it's going to be it's going to be a great one Catalina lauf with AC Catalina Lao AUM look her up What's your website So people can go to your website and find out about you Catalina for Congress dot com and Catalina lauff on all social media platforms
Mark Levin
Meet Catalina Lauf, Candidate for US Representative
"So I want to alert America and you folks in Illinois over at two And the candidate on the Republican side is Catalina lauff Catalina Lau How are you ma'am Good thanks so much for having me Mark You're running an Illinois 11th congressional district What towns are included there Give us some examples Yeah Mchenry county I was born and raised in Woodstock parts of mchenry and then all the way down to Naperville aurora bowling brook Lamont and parts of Kane county as well So it's a very big district but Republican at heart and we can flip it with the support
WLS-AM 890
"mchenry" Discussed on WLS-AM 890
"Who've changed the quality of their sleep with my pillow. That's my pillow dot com, promo code bongino. Following a bit of wild weather here, we've got a new tornado warning that has popped up for portions of southeastern Wisconsin this morning or this afternoon. And there is a severe thunderstorm warning for northeastern mchenry county and that moves into parts of Lake county as, well, continue to track some of these storms, but in mchenry now possible reports of some hail wind gusts of up to 60 mph. Again, a severe thunderstorm warning in effect for northeastern mchenry county this runs through 1 o'clock, and then in Wisconsin, southeastern wallworth Racine, southeastern Waukesha and Kenosha counties, this tornado warning in effect until 1 o'clock. So about another half hour of some wild weather making its way through portions of mchenry county, Lake county, Illinois, as well as portions of Wisconsin right up there north of the border. So we'll keep an eye on the storm here. Keep track and let you know if anything. So far there have not been any reports of any final clouds up there in Wisconsin. Other top stories were following here today, the bear is another step closer to developing Arlington park. They made a presentation to Arlington Heights, leaders this week, some concerns now that any development which would include restaurants, retail, bars, could eat into the bottom line of downtown businesses
WTOP
"mchenry" Discussed on WTOP
"Showroom across from Tyson's corner center. 9 38? Traffic and weather together on the 8th to bob imler in the WTO traffic center. In Virginia, northbound on 95 at lorton, there was a crash blocking the right lane and the off ramp is also effectively blocked though. Some people have been managing the squeeze by to make the exit of lord and not sure they really want you to do that. But the right lane and the ramp effectively blocked by the crash, 95 north, it actually won 63 at lorton, southbound on 95, very slow getting over the yaku kon pass one 23, single left lane gets by, the work zone there tonight. And on 66 you're good to go so far, but on the outer loop of the beltway headed south through Tyson's things are slowing down past route 7, where I believe it works on is in the process of setting up. And Maryland on three O one northbound before shortcut road just south of the split with 5 and three O one as you're coming north on 5 and three O one, the left lane blocked by the crash, and southbound and mchenry road, a separate crash near the wawa, that was along the right side of the roadway. Meanwhile, things are generally good to go up and down 95 in the Baltimore Washington Parkway or fine on 50. There are no delays after the bay bridge and beyond in two 70, that is also running without delay. Quicker and safer travel is coming to 66, you do this, the west left bound left lane from route 29 and centerville to Gainesville is going to be closed from the 13th of July until the 18th more a transform 66 dot org. Bob emler WTO traffic. Now, to 17 four, meteorologist Mike stunned. But for some changes across the region tonight skies will stay fair, but as Wiz becomes southwesterly, we'll see the humidity start to move up, live for lows
WTOP
"mchenry" Discussed on WTOP
"On the Maryland side two 70 still checks in okay from Frederick all the way to the beltway and back 95 in Maryland the work scheduled northbound fort mchenry tunnel They were to close the right tube Now our first camera seeing some traffic moving but the camera coming out of the tunnel not showing anything yet So that's the schedule follow your signals right now no big delay and we are keeping an eye on it Toward the beltway traveling 95 it's open in both directions nothing on the Baltimore Washington Parkway inside of the beltway the two 95 corridor work continues and southbound two 95 from 6 95 11th street bridge and all the way through south capitol street joint base bowling exit single file right was getting by the work with schedules to close the outbound suitland Parkway as well so be prepared all other anacostia crossings are available If you do use these capital the Whitney young bridge watch at the other end there RFK stadium on the district side they may have police on scene with a crash that happened a little earlier We're checking across the Potomac and on the Virginia side with 66 from Rosalind all the way through front royal moving pretty well be advised both sides of 66 that ramp two and from string fellow road that was closed for the entire weekend for the demolition project that will be continuing Amtrak northeast corridor services has been suspended between Washington and New York due to a freight train derailment 20 miles north of Baltimore in Aberdeen Maryland Dell Technologies advisers are here with the right window and PC tech solutions so you can stop at nothing for your customers call and adviser today at 8 7 7 ask Bill start a simpler experience with Windows 11 pro married to Pompidou tube traffic Storm team fours Michelle Grossman I'm fantasizing about that possible 80° temperature in the forecast as we wake up to these chilly temperatures this morning You and me both I know I'm so looking forward to.
WTOP
"mchenry" Discussed on WTOP
"Up if you're around the capitol beltway are one work zone has already been picked up so right now on the capitol beltway both in Virginia and in Maryland we are running at speed We would continue on the Maryland side with two 70 running off of Frederick to the beltway and back 95 the one thing to note north 95 into Baltimore the northbound right tube at the fort mchenry tunnel the whole right half of the roadway closed for the weekend planned maintenance so far no big delays we will keep an eye on it for you 8 95 6 95 key bridge or your alternatives We will check inside of the beltway There is work on the two 95 corridor in southbound from the 11th street bridge 6 95 all the way through the joint base bowling south capitol street exit single file to the right currently getting by the work all other anacostia crossings are available just be advised these capital street near the Whitney young bridge closer to RFK stadium There is a crash should have units on scene watch for possible police direction always thank WTO P listeners on the Virginia side with interstate travel light it was our friend George He's in false church He saw the busy traffic signal 50 Arlington boulevard and Graham road signal was malfunctioning dark according to George and not a lot of folks stopping at that busy signal So be prepared be sure to stop to yield the right of way On metro the orange line buses replace trains between stadium armory and new Carrollton This is for planned work and we have an issue on Amtrak northeast their service has been suspended between Washington and New York due to a freight train derailment more in the news end I'm married upon the WTO traffic And here's storm team four meteorologist Michelle Grossman A warmer day today We're going to be into the upper 50s to low to mid 60s becoming partly sunny warmer and breezy too.
WBEZ Chicago
"mchenry" Discussed on WBEZ Chicago
"Biden was at McHenry County College in suburban Crystal Lake. Yesterday, he was drumming up support for his massive American families, planets aimed at increasing accessibility to education and childcare. It would create free community college for all. Does anybody think in the 21st century? With the changes taking place in technology and across the board. Had 12 years of education is enough to be able to live in them class life. I don't think so. Biden's plan would also create universal pre K incentives for businesses to provide on site childcare and increased tax credits for families with Children. He says. New taxes on high earners can pay for it. Chicago police say to a T F agents in a Chicago police officer, shot and wounded early yesterday have been treated and released from the hospital. They were shot on the South Side Expressway ramp. They were conducting an investigation. An Iowa man has bonded out of the Cook County jail in his proposed to his girlfriend, 32 year old Keegan. Casteel is charged with felony aggravated unlawful use of a weapon. Police were alerted by a W hotel employee who found a rifle with a laser side on the window sill of Casteels room. It faced Lake Michigan and Navy Pier. City panel will take more time before recommending how Chicago should deal with monuments that some considered controversial W. ABS Mark Levin reports. The Monuments Project Advisory Committee is extending the period of public input by holding in person meetings this summer. That's according to the Department of Cultural Affairs and Special events. The monuments project began last fall and has already received comments from thousands of people through virtual meetings and its website. As the panel holds more meetings this summer. It's drafting a report that will include its recommendations and a summary of public opinion. This project was formed after protests last summer over a Christopher Columbus statue in Grant Park. It's not the committee's job to say whether some monuments should come down. But it has compiled a list of 41 objects that it says deserve public discussion for reasons such as honoring people with links to slavery. Mark Levine WBZ news The White Sox beat the Twins 61 Cubs beat the Phillies 8 to 3 and the fire beat Orlando City 321. Whether today patchy fog and isolated rain this morning with a high of 73 cooler by the lake low tonight of 62. I'm Mary Dixon WBZ news. Traffic North. Beyond 55 slow to Clarendon Hills Road, there was a crash. Some minor delays on the inbound Bishop Ford and the Ryan is slow from the ballpark to downtown W B. Easy traffic is supported by electoral it Electoral. It offers a hydration formula for energy and is available at seven Elevens. Just ahead on morning edition. Businesses in all industries are scraping for workers and teenagers are getting some of these jobs. We'll hear from a North Carolina business owner and his 19 year old general manager in 15 minutes on W B. Easy support for NPR comes from NPR stations. Other contributors include the estate of Joan B. Crock, whose request serves as an enduring investment in the future of public radio and seeks to help NPR be the model for high quality journalism in the 21st century. And the Annie E. Casey Foundation. This is morning edition from NPR News. I'm Leila Fadel in Culver City, California and I'm Noel King in Washington, D. C. The search for survivors in Surfside, Florida has ended at this 0.54 people are confirmed dead work crews will now start a recovery phase in which they focus on trying to find the remains of people who are believed to be missing more than 80 people. NPR's Brian Man is in Miami Beach this morning. Hi, Brian. Morning. Well, this must have been a very difficult decision. How was it made? Town, officials say they conferred with the first responders and the search crews who are out there on that debris pile, Miami Dade County Mayor Daniella Levine Cava said after two weeks of this round the clock effort The search and rescue teams have just done everything possible. They ran into a building they were told, could collapse and they braved fire smoke Torrential rain. In the hopes of finding people alive. At this point,.
1A
Biden to Push Child Care, Education in Visit to Illinois
"He'll visit McHenry County College, a community college with a workforce development program and a childcare centre. Biden is promoting his vision to invest in childcare, healthcare, education and other important aspects of everyday life for Americans. In sports. The Cubs
How'd It Happen Podcast
"mchenry" Discussed on How'd It Happen Podcast
"More than it is a An indicator or likely indicator of success is is. I don't know it seems so bureaucratic and unnecessary Yeah i'm i don't wanna give you the impression that i don't think teachers should have license in fact i. I think i'm comfortable saying that. I think teachers should have license. Okay i call it. That phones going crazy. What what i'm saying is we shouldn't make it so difficult for people who want to do the most important work to do the important work. I say right right right now. We are. Wisconsin may boast about having one of the most rigorous program to become certified. But it comes at a tremendous cost it. It basically makes it. It makes it really really difficult from individuals primarily individuals of color who are coming from lower income families to even really seriously consider education And and also You know even for people who do come from middle class upper middle class families Do you really want to have to jump through all the hoops and hurls. You have to jump through to become a teacher. It's it's the most important job in this country in my opinion. Why are we making it so difficult. When there isn't necessarily evidence that says the teacher license actually makes them a better teacher. And i think if you've talked to our teachers aren't exile license teachers here and i don't think one of them's gonna say i'm a good teacher because of my teacher license And so i think we just need to rethink that And and and figure out a better way To to license our teachers not make it so difficult that runs people off mega such a financial burden that eliminates whole pocket section of our population. And then once you get it let them keep it. Let's do some wrong. You don't have to keep going back and get recertified. So that's that's more. What i'm saying. I'm i again As tickets but i could tell you some of my best. Teachers are not teachers there to assist in professionals. Who are who. Just don't have the resources to go back and get their all their teachers licensing. We're trying to do so okay. So i know we're bumping up time A little bit here. I guess. I just wanna say wanna understand you said you know something like the challenge. Is that the you know. The work is never done. Or it's always. I don't know was something like that anthony. I'm sorry i don't have the quote exactly right. But what and you mentioned you know intellect before a couple of times and you know all everyone can learn all that where what has happened in the years that you've been involved with them. Asean where what does it say. I guess what you. What lesson should we be taking from. Well lesson do you take from it. Yeah i think we. We have to ask ourselves the question. Do we really believe that. All kids learners. Everyone's going to say it but if we believe it will approach it much differently. it being.
How'd It Happen Podcast
"mchenry" Discussed on How'd It Happen Podcast
"Because i'm not supposed to be a school leader. I couldn't be a school leader in the public school system so we need to examine that as a community as educational community as well so but to answer your question so i started in social services which is the path that i thought it was going to stay on Had an opportunity to work in a really really unique program in madison place neighborhood intervention program and i was my specific job was working with a group of kids almost all which who had come to madison by way of chicago because if you think back in the early nineties Chicago had a. It's the worst welfare system and madison. Had one of the most attractive ones if you wanted to be. If he were on wilbur soap they'll move scotto and brought the saco problems to specific communities in madison was really called of chaos and And so they were they. Were those kids. Were going to jail at young ages and in my particular program a judge could send them to my program as an alternative to prison Stand committed significant enough crimes where They were getting a prison sentence and if they completed my program there prison sentence would be stayed. If they didn't complete my program they went to jail. That's some camp to jail. Mostly gun robberies that nature really really tough kids and i could be forgetting a kid or two. But i don't know of once i can't recall one single kid that came through that program that didn't make substantial changes to their lives In this program was complete. It would take a minimum six months in and oftentimes longest nine months and When you entered the program we had six days a week of contact Four hours a day so it was really really intensive program but every last one of those kids were making it out of level one level to sink almost all all of them are almost all of them completed the.
How'd It Happen Podcast
"mchenry" Discussed on How'd It Happen Podcast
"That used to attract me growing up. Did you join a fraternity only because fraternities. The black fraternities are so big down south. When when i was in high school i used to go to the greek step shows they have and it was just a big big deal And when i got to madison maternity is had like two or three black fraternities had two or three people and it didn't seem as advantageous as being on the football team. So i enjoy okay and so how far into your college experience where you before. You started to get clear about what you wanted to do. Yeah so when. When when i was asked what i wanted to be my last few years of high school you can ask that all the time and my first couple of years in college I always had a sports journalist. Because i actually enjoy writing about in reading about sports as much as i enjoy playing sports probably more than i enjoyed playing football and sr started down that paneling you know as a sports journalism major But i wasn't necessarily taking school really seriously when i got to college. I was making sure. I was staying eligible and and And then towards the end of my sophomore year going to my junior year Took an african american studies course which really changed Be as a person and change the direction of my life in In for the first time was seeing me in the context of this world. Learning about my history You know beyond the martin luther king area tug and what we would learn about slavery and it really just kind of prey to some esteem about me. Bat helped me be proud about who i am. I wanted to be in one or to make others proud about me as well and and that really sought to to get me to thinking about my life and and and i decided right around the time that i wanted to do something to help kids that that that were rowing environments like mine Because if i can if i can make it And you w madison and then these kids too. Because i'm not especial and so that's that's really what sent me on this course and And i remember Carl warner he's a white white. Professor was the first professor had of african american studies. Just being so impressed one to talk to him so much.
How'd It Happen Podcast
"mchenry" Discussed on How'd It Happen Podcast
"One compliment that that the compliment that impacted me the most in terms of making me feel good about myself was win. Some really tough guys Said to me in one of my of my best friends that those are the craziest guys and us guys great around They were acknowledging our willingness to engage in finding it whatever. The case may be Well first thing. I wasn't i wasn't actually crazy. I wasn't actually as tough as my two best friends. But what the fact that they thought. I was made me feel so good about who i am. It's greater than any delay that anyone's giving me my athletic ability The way that. I felt that moment so we have to be careful about that as adults. Educators that we are praising our kids to the degree that whatever they're hearing from the other side of the street Doesn't pack impact them as much as what we're saying to them and i am adamant about that The kids that relationship with would probably all tell you. Yeah mchenry thinks. I'm the greatest guy on earth or the greatest girl on 'cause i'm gonna i'm gonna win the battle of praise in these young people because i know that they can get paid for on the wrong thing as well and that's kind of mean. Circumstances are different but that seems kind of like a universal thing for kids at least at some point in their growing up where what their friends say and think about them means more than anything else. Whether you're coming from the best you know household or the worst you know. Just at some point i. It seems like that happens to everybody right. I mean we're yeah. I think it's a i think it's a natural thing for adolescents to go through but i also think that when you don't have certain relationships or significant relationship with your parents that it becomes even more of a thing to have it with other adolescence and so we're attempting to do is provide positive..
Raleigh's Retirement Coach
How Would Financial Transaction Tax Affect Retirement Plans?
"Biden Well, he wants to study the idea of a financial transaction tax. Lots of your tax that you'd pay each time you buy or sell a stock Congressman Patrick McHenry. He's among those that believe this would be an absolute disaster for our retirement accounts. The financial transaction tax is intended only had Wealthiest, But when average everyday investors still buy stocks and bonds, they're gonna be hit. There's one study that shows that people have to work an additional 2 to 3 years in order to make up the difference for this financial transaction tax, a transaction tax talk. Talk to me about that. How will that affect our retirement badly? Just I hope they stop studying that and work on some other things. A lot of Democrats have backed his tax and its own stock trading. As a way to raise badly needed revenue and address concerns about the health of financial markets. So House Financial services chairwoman and Maxine Waters said she's quote unquote very interested and quote unquote certainly looking at a financial transaction tax, so they want to put a 0.1% federal tax on stock. On and derivative transactions in there saying, Hey, this could raise $777 billion over the next decade, according to a 2018 estimate by the nonpartisan Congressional Budget Office. But first of all attacks like this would have fierce opposition from Wall Street, and it's unclear whether even the moderate Democrats would support it and opponents warn Hey, this is going to backfire on the retail investors by raising costs and making financial markets less liquid. Because look is going to trickle down and everybody who knows stuff like this and what I means not trickle down. Economics is trickle down. If you want to put something every time somebody buys or sells a stock every time. Well, most people inside a four Oh, one case they're buying and selling stocks that that's that's what's going on. It's not going to just impact the wealthy, and if you're going to start putting taxes like that on there, it's going to be hard for people to accumulate more and save more for retirement. When every time you buy and sell is going to trigger attacks blood, there's some other stuff We already know from attacks perspective that that's coming with a new administration. That's bad enough. We don't need this one. But don't you also think that people who maybe want to try their hand it doing buying and selling some stocks, or maybe I just want to dip my toe in it to see if I'm comfortable with it. Well, now, if I know I'm going to get taxed every time, even if I'm just learning the process, I'm going to step back and say Maybe this isn't for me because this had more of a negative ripple effect than they perceive. I don't even think they're looking at that. I think what they're looking at us, man. We're getting ready to write this check for 1.9 Trillion. We wrote trillions last year how we're going to cover this stuff because right Now there is no plan to figure out a way to pay this money back other than keep printing more, and that's not a plan. It's you know, just kind of hoping for that. I'm not even gonna say Get out. Get out frosted hope for the past. Pray for you know, it just it doesn't make. It really doesn't make dollars and sense. The only benefit to this is He is going to raise revenue for the government to cover all the debt that we have. I mean, that's it's not something that's gonna discriminate between the wealthy and the middle class. It's just not going to do that is going to impact everybody and maybe they don't care. I don't know, but it really doesn't make sense. It's just it's a shortcut just being You know really good at what they're trying to do. And just a little loophole here, we're gonna slide this little tax in and maybe maybe maybe nobody knows where people won't think it's so small that it's not that big of a deal, but it is every time that's a huge deal and how you're going to do that on retirement accounts, Retirement Council tax deferred. So now you're gonna have somebody pay a tax on account that's growing tax deferred. So you're gonna have to pay taxes on money that you are using that Shelter, but it's sheltered from income tax. But it's not going to be sheltered from the quote unquote federal just transaction tax like
Great Outdoors with Charlie Potter
Illinois Coronavirus Updates: Chicago Reports 3.6% Positivity Rate
"Of Public Health. Yesterday in Illinois reported 1922 new and probable cases of covert 19 in Illinois. 42 additional deaths. WGN's Gabe Salgado has a closer look at local positivity rates area positivity rates continue to drop as more people get vaccinated. The city of Chicago is that 3.6%. Suburban Cook County rates a 3.9% DuPage and King County's coming at 4.3%. While licking McHenry counters in our 4.4% and willing kinky key counties registered 4.5%. The statewide positivity rate is at 2.8% gave
John Howell
Chicago-area counties have among the lowest COVID vaccination rates in the state
"State reported a record number of vaccinations across the state on Thursday, the Chicago area has among the lowest vaccination rates in Illinois. Chicago, along with cooking, DuPage counties reported less than 10% of their populations have received their first dose of vaccine came Lake McHenry and will counties each of vaccinated 8% or less. Health officials say overloaded registration systems and vaccine shortages are to blame.
NewsNation
Illinois Health Department Reports 2,060 New Covid-19 Cases
"The Illinois Department of Public Health Sunday reporting 2000 and 60 new confirmed cases Copa 19 along the 48 additional deaths from the virus. W GM SCAPE Salgado Taking a look at the local positivity rates, which continued to decline, the city of Chicago has the lowest localized positivity rate, which is now a 4.8%. Suburban Cook County is at 4.9% to Paige and Kane County's Aaron 5.1%. While willing, kinky key counties air coming in a 5.6% Lake McHenry County is currently have the highest local rates at 5.9%. As for the statewide positivity rate that's holding steady at 3.4%. It's Oh God. Oh
Anna Davlantes
2 More Illinois Regions ‘on Track' to Move to Phase 4 Mitigations Wednesday
"Eight and nine are on track to move into phase four of the restore Illinois plane tomorrow that includes two page cane like and McHenry counties. This would put all but one region in face for region for in the Metro East area is still interior, too. Beauty