WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina), Chairman of the Senate Budget Committee, has released the text of the Senate’s Fiscal Year 2025 Budget Resolution.

The FY 2025 budget resolution will be the blueprint that unlocks the pathway for a fully paid for reconciliation bill to secure the border, bolster our military, increase American energy independence and begin the process of fiscal sanity.

“To those who voted for and support real border security and a stronger defense in a troubled world, help is on the way,” said Senator Graham. “This budget resolution jumpstarts a process that will give President Trump’s team the money they need to secure the border and deport criminals, and make America strong and more energy independent.”

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WASHINGTON, D.C. -- For the second year in a row, independent auditors verified that the Marine Corps’ financial records are materially accurate, complete, and compliant with federal regulations and issued an unmodified opinion for Fiscal Year 2024.

This repeat achievement reinforces the service’s reputation for accountability, discipline, and leadership; and this is only the second time such success has been achieved for a military service in Department of Defense history and twice attributed to the Marines.

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Acquisition Would Eliminate Competition Between Two of the Three Top Wireless Networking Firms, Raise Prices, and Diminish Innovation for American Businesses

The Justice Department has sued to block Hewlett Packard Enterprise Co.’s (HPE) proposed $14 billion acquisition of rival wireless local area network (WLAN) technology provider Juniper Networks Inc. (Juniper). HPE and Juniper are the second- and third- largest providers, respectively, of enterprise-grade WLAN solutions in the United States. The complaint, filed in the Northern District of California, alleges that the proposed transaction would eliminate fierce head-to-head competition between the companies, raise prices, reduce innovation, and diminish choice for scores of American businesses and institutions, in violation of Section 7 of the Clayton Act.

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WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced the Southern District of Florida entered orders of default final judgement against Roberto Pulido aka Berto Delvanicci and his company, Lions of Forex LLC, both of Miami, Florida.

The orders stem from the CFTC’s complaint filed Sept. 28, 2023, charging Pulido with fraudulently soliciting at least four clients to trade leveraged or margined retail off-exchange foreign currency (forex) and charging LOF with aiding and abetting Pulido’s fraudulent scheme.

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The Justice Department, together with the Federal Trade Commission (FTC), has announced a civil enforcement action against Dave Inc. (Dave) and its co-founder, President, Chief Executive Officer and Chairman of the Board of Directors, Jason Wilk, for alleged violations of the FTC Act and the Restore Online Shoppers’ Confidence Act (ROSCA).

Dave is a financial technology company that offers consumers short-term cash advances through its mobile app. The government’s lawsuit alleges that the defendants misled consumers by deceptively advertising Dave’s cash advances, charging hidden fees, misrepresenting how Dave uses customers’ tips and charging recurring monthly fees without providing a simple mechanism to cancel them.

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WASHINGTON, D.C. — The Commodity Futures Trading Commission has filed a complaint in the U.S. District Court for the Southern District of New York against Kenneth Newcombe of California, the former chief executive officer and majority shareholder of a Washington, D.C.-based carbon credit project developer, charging fraud and false, misleading, or inaccurate reports relating to voluntary carbon credits. The CFTC also issued orders filing and settling charges against Washington, D.C.-based CQC Impact Investors LLC (CQC) and against Jason Steele, CQC’s former chief operating officer. These are the first CFTC actions for fraud in the voluntary carbon credit market.

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