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Casting Wall Street as Victim, Trump Leads Deregulatory Charge

Most noticeably, there’s been a dramatic change in tone from the White House. This weekend, Mr. Trump wrote in a Twitter post that regulators, in particular the consumer bureau, have left the financial industry “devastated and unable to properly serve the public.”It was a rare instance of a politician casting Wall Street as a victim — especially since the banking industry is on a roll. Commercial banks last year generated $157 billion in profits, the highest level ever, according to the Federal Deposit Insurance Corp. Banks are making lots of loans […]

New York Today: New York Today: Terrorism Crisis Mode for a Principal. Again.

Weather.init(); }()); And just like, that our “hotumn” is back. Temperatures could jump to 70 today and the sun will put in lots of face time. Still, throw on a jacket this morning — it should hover around 60 for the a.m. commute. In the News • Lt. Gov. Kim Guadagno of New Jersey has struggled to move out of the shadow of her boss, Gov. […]

Wary of Hackers, States Move to Upgrade Voting Systems

Last month, a panel of state, federal and private election experts completed a sweeping revision of guidelines for manufacturers of new voting equipment, the first major overhaul in a dozen years. While the guidelines are voluntary, they are endorsed by all but three states, so manufacturers effectively must meet the new standards to sell their equipment in most of the nation.Of course, threats to democracy and fair voting — such as gerrymandered election districts and disinformation campaigns on Facebook and other social media platforms — go well beyond election technology. And so far state and federal funds have often failed to match the scale and urgency of the problem. But in a time of widespread skepticism about the security of American elections, ensuring people that their votes have been counted accurately has become a pressing demand.“What’s happening is a psy-ops operation,” said Mac Warner, the West Virginia secretary of state. “That’s what the Russians are running against us now, trying to erode confidence in our democratic process […]

Roy Moore Wins Senate G.O.P. Runoff in Alabama

Mr. Trump had tweeted his support for Mr. Strange several times in recent days, but tweets appeared to be deleted on Tuesday night […]

After 16 Futile Years, Congress Will Try Again to Legalize ‘Dreamers’

Before there was Deferred Action for Childhood Arrivals, or DACA, there was Mr. Durbin’s Dream. In 2007, a version of the measure won the support of a majority of senators but fell victim to a bipartisan filibuster that included eight Democrats. Three years later, the bill passed the House but again did not get through the Senate.And in 2013, language allowing dreamers to stay in this country and work or attend school was included in a broader immigration package that passed the Senate with 68 votes — then failed in the House.Frustrated after years of failings, President Barack Obama signed DACA as a temporary order in the hope that Congress would eventually pass the Dream Act and broader immigration changes. But with Republicans in control of both chambers of Congress, the Dream Act stalled once again.The politics have clearly shifted on the issue — for both parties. With Mr […]

Yellen Warns Against Erasing Regulations Made After Financial Crisis

She also cautioned against overconfidence, noting that policy makers gathered at this same conference a decade ago were optimistic about the resilience of the system — which was even then in the process of falling apart. One goal of the changes enacted since the crisis is to guard against the problems that regulators do not anticipate.“The events of the crisis demanded action, needed reforms were implemented and these reforms have made the system safer,” Ms […]

These Americans Hated the Health Law. Until the Idea of Repeal Sank In.

To win support, Democrats were emphasizing that little would change for people who already had coverage; President Barack Obama famously promised that you could keep your plan and your doctor, even as a few million people’s noncompliant plans that did not offer all the law’s required benefits were canceled as the law was rolled out.“The best way to get something passed was to argue it was small change,” said Stanley Greenberg, a veteran Democratic pollster. “It was only when Republicans got control that people then on their own discovered that this is what the benefits are.”Jennifer Bell, sitting outside Mr. Murphy’s bagel shop with a friend, was raised a Democrat and always supported the health care law. But it was only after she was injured in a serious car accident in 2013 that she thought to advocate for it. […]