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Congress passed a $900 billion pandemic relief package Monday night that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths.

Lawmakers tacked on a $1.4 trillion catchall spending bill and thousands of pages of other end-of-session business in a massive bundle of bipartisan legislation as Capitol Hill prepared to ...


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His time in the White House rapidly ending, President Donald Trump is rewarding some supporters and like-minded allies with the perks and prestige that come with serving on federal advisory boards and commissions.

On Thursday, Trump announced his intention to nominate two authors who wrote books that flattered him to a board that makes recommendations on education research. Another author who helped write a favorable book about the president was chosen for the same board a few days earlier.

On Wednesday, the Department of Defense announced that China hawk Michael Pillsbury would become the chair of a board that gives Pentagon leadership advice on how to enhance national security. Pillsbury has served as an outside adviser to the president on China.


Reuters | Equities.com |

Republican senators on Tuesday attacked the chief executives of Facebook and Twitter for what they called censorship of President Trump and his allies during the U.S. election while Democrats bemoaned the spread of misinformation on social media.

The CEOs, Jack Dorsey of Twitter and Mark Zuckerberg of Facebook, defended their content moderation practices at a congressional hearing scheduled after the platforms decided to block stories from the New York Post that made claims about the son of then-Democratic presidential candidate Joe Biden.

The move incited uproar among Republican lawmakers who have consistently accused the companies of anti-conservative bias.


Reuters | Equities.com |

As election misinformation continued to rage online, Facebook Inc said on Wednesday its post-election ban on political ads would likely last another month, raising concerns from campaigns and groups eager to reach voters for key Georgia Senate races in January.

Facebook, which had announced the ban as part of measures to combat misinformation and other abuses on its site, had previously said the ban would last at least a week but could be extended. Alphabet Inc's Google also appeared to be sticking with its post-election political ad ban.


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President Donald Trump is facing pressure to cooperate with President-elect Joe Biden’s team to ensure a smooth transfer of power when the new administration takes office in January.

The General Services Administration is tasked with formally recognizing Biden as president-elect, which begins the transition. But the agency’s Trump-appointed administrator, Emily Murphy, has not started the process and has given no guidance on when she will do so.

That lack of clarity is fueling questions about whether Trump, who has not publicly recognized Biden’s victory and has falsely claimed the election was stolen, will impede Democrats as they try to establish a government.


Michael McTague | Equities.com |

This final entry in the series (see Part I and Part II) considers at the title itself, taken from the famous statement by Lord Acton: “Power tends to corrupt, and absolute power corrupts absolutely.” This implies that anyone who gains control is likely to misuse it. 

As the coronavirus and the election grip everyone’s attention, the fifty governors of the states had to make their decisions on what kind of restrictions to roll out to protect people. In a democracy, one might assume that a wide number of voices will be heard prior to a choice. In fact, one side of the debate dominates and loves it. According to the New York Times, Michigan Governor Whitmer’s early statewide restrictions were not so tight and gained bipartisan support. However, the later, more heavy-handed restrictions lost their bipartisan flavor.


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President Donald Trump has promised legal action in the coming days as he refused to concede his loss to Democrat Joe Biden, making an aggressive pitch for donors to help finance any court fight.

Trump and his campaign have leveled accusations of large-scale voter fraud in Pennsylvania and other states that broke for Biden, so far without proof.

But senior officials, campaign aides and allies told The Associated Press that overwhelming evidence of fraud isn’t really the point.


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Democrat Joe Biden defeated President Donald Trump to become the 46th president of the United States on Saturday, positioning himself to lead a nation gripped by historic pandemic and a confluence of economic and social turmoil.

His victory came after more than three days of uncertainty as election officials sorted through a surge of mail-in votes that delayed the processing of some ballots. Biden crossed 270 Electoral College votes with a win in Pennsylvania.

Biden, 77, staked his candidacy less on any distinctive political ideology than on galvanizing a broad coalition of voters around the notion that Trump posed an existential threat to American democracy. The strategy proved effective, resulting in pivotal victories in Michigan and Wisconsin as well as Pennsylvania, onetime Democratic bastions that had flipped to Trump in 2016.


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A president who downplayed the coronavirus threat, scorned masks and undercut scientists at every turn. Governors who resisted or rolled back containment measures amid public backlash. State lawmakers who used federal COVID-19 aid to plug budget holes instead of beefing up testing and contact tracing.

As a powerful new wave of infections sweeps the U.S. just ahead of Election Day, the nation’s handling of the nearly 8-month-old crisis has been marked by what health experts see as grave missteps, wasted time and squandered opportunities by leaders at all levels of government.


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Senate Judiciary Committee Republicans powered past a Democratic boycott Thursday to advance Amy Coney Barrett’s Supreme Court nomination to the full Senate, keeping President Donald Trump’s pick on track for confirmation before Election Day.

Democratic senators refused to show up in protest of the GOP’s rush to install Trump’s nominee to replace the late Justice Ruth Bader Ginsburg. Never has the Senate c...