A report released by Democratic members of the Senate Finance Committee has found that Supreme Court Justice Clarence Thomas had not repaid the full amount of a $267,230 loan he had taken out to purchase an RV in 1999. The report has raised further questions about Thomas’s ethics and financial dealings, and the committee is continuing to investigate and has requested additional documents from Thomas and his friend who had lent him the money. It is unclear whether Thomas has taken out any other loans or accepted any other gifts that he has not disclosed.
Posts tagged as “the Senate Finance Committee”
This article discusses the upcoming release of the Supreme Court's annual financial disclosure reports, which come after senators sought to question a billionaire about lavish gifts he gave to a Supreme Court Justice. The senators have indicated that they are considering taking action against the billionaire and the Justice, and the financial disclosure reports will provide more information for them to consider.
Key takeaways: Michael D. Bopp, Harlan Crow’s attorney, has agreed to speak with staff members of the Senate Judiciary Committee about Crow’s relationship with Supreme…
Republican donor Harlan Crow has refused to provide a list of gifts he gave to Supreme Court Justice Clarence Thomas, prompting criticism from Senator Ron Wyden (D-OR). Crow's lawyer argued that the Senate Finance Committee lacks a legislative purpose in its request for the list of gifts, and Senator Wyden has called for Justice Thomas to step down. It is unclear whether the Committee will pursue further action against Crow.
Maryland Senator Ben Cardin announced on Monday that he will not seek reelection in 2024, sparking speculation about who will replace him in the blue state. Potential candidates include Rep. Jamie Raskin, former Maryland Gov. Martin O’Malley, former Rep. John Delaney, and former NAACP President Ben Jealous. Cardin has been a reliable and amiable rank-and-file Democrat, and the race to replace him is expected to heat up in the coming months.
Senate Finance Committee Chairman Ron Wyden (D-OR) has requested documents from Harlan Crow, a Texas billionaire who has donated millions to conservative causes, to investigate whether his gifts to Supreme Court Justice Clarence Thomas violated federal tax law. Chief Justice John Roberts has responded to a request from Senator Dick Durbin (D-IL) for Roberts to testify about Thomas’s relationship with Crow by providing a statement of ethics principles and practices to which all current Supreme Court members subscribe. Wyden's letter to Crow requests documents and communications related to the gifts, as well as any records of payments made to Thomas or his wife, to investigate whether the gifts violated federal tax law.
Thousands of Israeli government workers joined historic protests on Monday against Prime Minister Benjamin Netanyahu's attempt to weaken Israeli courts and boost his own power. The protests were bolstered by a strike call from Israel's biggest labor union, the Histadrut, and were in response to Finance Minister Bezalel Smotrich's call for supporters to demonstrate in Jerusalem in favor of the judicial overhaul. Despite the government's attempts to appease its critics, it remains to be seen if the protests will have any effect on the judicial changes.
Key takeaways: The banks’ joint statement reinforces confidence in the banking system and their cash infusion of $30 billion is a sign of their commitment…