Greater Greenfield MA - Franklin County

Democrat Susan Wild says committee chair Michael Guest mischaracterized meeting; she says committee will reconvene in December The Federal Reserve must not remove Wells Fargo’s $1.95tn asset cap until the bank has fixed its risk management and compliance issues, top Democratic Senator Elizabeth Warren told the US central bank on Wednesday, reports Reuters.In a letter to Fed chair, Jerome Powell, and the central bank’s regulatory chief, Michael Barr, Warren said the Fed must reject Wells Fargo reported appeal to have the punishment imposed in 2018 lifted until it “can show that it can properly manage the risks associated with running a large bank”. Continue reading...

Communications minister says laws forcing social media companies to keep under-16s off their platforms are about ‘protecting young people’. Follow today’s news liveGet our breaking news email, free app or daily news podcastNew South Wales MPs condemned for ‘part-time’ parliamentary yearScores of NSW MPs will earn the equivalent of more than $10,000 per sitting week in 2025 after a bid to increase the year’s 16-week calendar was rejected, AAP reports.To do this, government MPs have to turn up to parliament and discuss matters. Voters won’t be happy that government MPs would prefer to hide in their electorate offices rather than turning up to parliament, where they face scrutiny. Continue reading...

Police Scotland said Buchanan bus station in city centre was closed after reports of a ‘potential suspicious item’Three men have been arrested and a Glasgow bus station evacuated after the bomb squad was called out to reports of a “potential suspicious item”.Police Scotland said Buchanan bus station in Glasgow city centre was closed at about 1.10pm on Wednesday “following a report of a potential suspicious item”, with the Royal Navy bomb squad alerted. Continue reading...

Panel met on Wednesday but didn’t reach a decision on releasing the report on Trump’s controversial AG pickThe House ethics committee deadlocked on releasing a report examining allegations of sexual misconduct against Matt Gaetz, the former Republican representative and Donald Trump’s choice to lead the US justice department, after the panel met behind closed doors on Wednesday.Emerging from the meeting after roughly two hours, most members of the panel declined to offer details on their discussion, but the Republican chair, Michael Guest, told reporters that there was “not an agreement by the committee to release the report”. Continue reading...

About 50 firefighters and 15 fire trucks called to battle blaze at venue in Chapel Street, South YarraFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA Melbourne nightclub has been razed after a suspicious fire broke out in the middle of the night.Lux nightclub on Chapel Street in South Yarra was engulfed in flames early on Thursday, with about 50 firefighters and 15 fire trucks called to battle the blaze.Sign up for Guardian Australia’s breaking news email Continue reading...