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The Latest Breaking News from Committee

Fed officials fret over inflation risk, weigh rate hikes

Federal Reserve officials remain concerned about persistent inflation pressures. Incoming price reports will guide future interest rate decisions by policymakers. A divided committee discussed scenarios for potential policy responses. Some officials favor holding rates steady while others see hikes as appropriate. The central bank awaits crucial economic data to shape…

The Economic Times

MPs back benefit boost for 66-year-olds as state pension age increases

The Work and Pensions Committee said some people face a ‘year of hardship’ on inadequate working age benefits and potentially running down savings.

Evening Standard

Some US Fed officials considered rate hike on Iran war fallout, June meeting minutes reveal

US central bank officials discussed rising inflation at their recent meeting. Most participants saw inflation falling on its own, but some favored immediate rate hikes. The committee ultimately decided to keep interest rates steady for now. Policymakers also considered shortening the policy statement and ending forward guidance. New projections indicated…

The Economic Times

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Uttarakhand: BKTC official booked for embezzlement of Badrinath Dham Temple donations

A criminal case was filed against Pramod Nautiyal, a Personal Assistant, for allegedly diverting temple offerings. He was suspended by the Badrinath-Kedarnath Temple Committee after preliminary findings substantiated the allegations. An inquiry committee found prima facie evidence of serious irregularities in his official duties. The Uttarakhand Government has also formed…

The Economic Times

Uttarakhand Govt forms high-level committee to probe alleged irregularities with donations at Badrinath shrine

In view of the alleged irregularities and complaints related to donations and offerings at Badrinath Dham, and considering the seriousness of the matter, the Uttarakhand Government has constituted a three-member high-level committee on the instructions of Chief Minister Pushkar Singh Dhami to conduct a comprehensive inquiry.

The Economic Times

Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take part

Parliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The committee will hear from the Reserve Bank of India regarding financial stability and money laundering concerns, followed by discussions with the Institute of Chartered Accountants of India on taxation…

The Economic Times

Complaint against Ruben Gallego dismissed by Senate Ethics

The Senate Ethics Committee has dismissed a complaint against Sen. Ruben Gallego following an investigation of “alleged campaign finance violations and inappropriate conduct of a sexual nature,” according to a letter released by the Arizona Democrat. The probe came as Congress grappled with a wave of sexual harassment allegations and…

Roll Call

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'I Never Paid Epstein for Women': Leon Black Breaks Silence on Why He Paid Jeffrey Epstein $158M

Billionaire investor Leon Black has testified before the House Oversight Committee, defending his $158 million payments to Jeffrey Epstein.

International Business Times UK

Senate college sports bill authors plan talks with House

The authors of a Senate college sports bill say it’s time to bring House Republicans and Democrats into discussions, as the clock is ticking to get the measure to President Donald Trump’s desk before the long August recess. Senate Commerce Committee ranking member Maria Cantwell, D-Wash., said the push to…

Roll Call

‘Buy a funeral garland’: A gig worker vanishes after the Andhra police picked him up

For weeks, 55-year-old Gade Vijayalakshmi has lived in a state of suspended animation, running from pillar to post, searching police stations and mortuaries in Vijayawada for any sign of her 25-year-old son Sai Krishna.

Newslaundry

Bill Gates names three women he had affairs with in Epstein testimony about blackmail fears

Microsoft co-founder told House Oversight Committee he believes disgraced financier was plotting to extort him, newly-released transcript reveals

The Independent UK

Parliamentary panel to examine cases of domestic violence and remedies

A parliamentary committee will delve into critical issues affecting women, including domestic violence, trafficking, and the welfare of female inmates and health workers. Discussions will also cover gender budgeting and the implementation of the workplace harassment act. Established in 1997, this 30-member panel aims to uplift women's status, working collaboratively…

The Economic Times

Dubai to issue new public behaviour guidelines. What should tourists know

Dubai is set to formalize public conduct with new guidelines, aiming to bolster its image as a highly civilized global city. The Dubai Civility Committee unveiled a guidebook for public spaces and rules for celebrations, emphasizing community values and social responsibility. These initiatives are part of a broader strategy to…

The Economic Times

Commons leaders pressed over ‘safeguards’ for public cash after Murrell crimes

Patricia Ferguson, the chair of the Scottish Affairs Committee, has written to both the Clerk of the House of Commons and the Speaker on the issue.

Evening Standard

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Golf Monthly

Joaquin Niemann Receives Two-Stroke Penalty For 'Serious Misconduct' At US Open

The LIV Golf star threw a club during round one, which the USGA deemed was a breach of its code of conduct

AAP

FED:KPMG flayed for 'insulting' refusal to hand over docs

The chair of a top-tier consultancy at the centre of a federal parliamentary inquiry has been castigated for denying the committee access to documents.

Reason

Chief Judge Pryor's Non-Order in the Eleanor Ross Judicial Misconduct Proceedings: Why It Is So Problematic and What Might Be Done About It

A guest post from Professor Arthur Hellman.

The Economic Times

Fed begins Warsh era with rate hold, sees hike possible later in 2026

The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show nine officials anticipate a rate increase by the end of 2026. The policy statement removed previous guidance on future rate moves, reflecting new Fed Chairman Kevin Warsh's influence.

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AAP

US Fed begins Warsh era by keeping rates on hold

A statement by the US central bank, the first under chairman Kevin Warsh, has removed any guidance about future interest rate moves.

The Economic Times

Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmet

A parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning with the National Education Policy-2020. The committee noted a lack of significant growth in enrollment ratios. The government stated allocations are based on departmental needs and within budget ceilings.

The Independent UK

Bill Gates admits that Epstein had ‘sensitive information’ about his extramarital affairs to launch pressure campaign

Microsoft co-founder details relationship with late sex offender in testimony to members of Congress

The Independent UK

Bill Gates continued meeting with Jeffrey Epstein years after the financier’s sex-crime conviction and now Congress wants answers

The closed-door interview before the House Oversight Committee makes Gates the latest high-profile figure to answer questions as part of the panel’s review of Epstein-related records

The Economic Times

Delhi court directs confiscated PACL assets be used for investor repayment

A Special Court has ordered the confiscation of properties belonging to PACL Limited. These assets will now be handed over to the Justice RM Lodha Committee. The committee will use these properties to benefit investors affected by the PACL scheme. This action follows a money laundering investigation by the Enforcement…

The Guardian - US

‘He was a master manipulator,’ Jeffrey Epstein assistant Lesley Groff testifies

Groff tells lawmakers ‘I am not a conspirator’ and that she had no knowledge of Epstein’s crimes while working for him

The National (Scotland)

SNP veteran warns against Westminster committee probe into Murrell scandal

A VETERAN SNP MP has urged a Westminster committee not to open an inquiry into the Peter Murrell embezzlement scandal ...

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