President Trump has signed an executive order encouraging police department reform by adopting new safety standards. The order directs future federal funding to be prioritized for police departments which “seek independent credentialing” and promote “use of force and deescalation training”. Additionally, excessive force measures like choke-holds will be banned, “except…
Border Authorities Seize Over 200,000 Counterfeit Pokemon Toys
June 15, 2020
In the past month, U.S. Customs and Border Protection (CBP) officers have seized more than 206,000 counterfeit Pokemon action figures. The shipments were detained in Harrisburg, PA, and arrived from Hong Kong. “The Pokemon slogan is ‘Gotta catch ‘em all’’ and Customs and Border Protection officers are trying to do…
Federal Reserve Will Begin Buying Corporate Bonds
June 15, 2020
The Federal Reserve will begin buying “a broad and diversified portfolio of corporate bond”. Corporate bond purchases will be backed by up to $75 billion by the U.S. Treasury; however, the Federal Reserve will leverage the Treasury Department’s equity at 10 to 1 when acquiring corporate bonds, meaning up to…
Illegal to Fire Employees Merely for Being Gay or Transgender, Supreme Court Rules
June 15, 2020
“An employer who fires an individual merely for being gay or transgender violates Title VII (the Civil Right Act law which “prohibits employment discrimination based on race, color, religion, sex and national origin”)”, the Supreme Court declared today. According to the Supreme Court’s decision, “an employer violates Title VII when…