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Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree
Brazilian President Luiz Inácio Lula da Silva unveiled a plan to spend 1 trillion reais (nearly $200 billion) on infrastructure, energy and transportation over the next four years. The Growth Acceleration Program, known under its Portuguese acronym PAC, has been met with skepticism from analysts and investors, who say previous, similarly ambitious programs have included projects that never saw the light of day.
Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree President Luiz Inácio Lula da Silva unveiled a plan to spend 1 trillion reais (nearly $200 billion) over the next four years. The Growth Acceleration Program, known under its Portuguese acronym PAC, has been met with skepticism from analysts and investors. Previous, similarly ambitious programs have included projects that never saw the light of day and opened the door to vast corruption schemes.
Republicans raise cash from the Wall Street firms they bash Reps. Andy Barr, Bill Huizenga and Blaine Luetkemeyer have taken more than $200,000 from PACs representing the "Big Three" asset managers. Barr has called on asset managers to “stop this nonsense of politicizing capital allocation through ESG,” and has introduced legislation to curtail the practice.
Donald Trump Says Ron DeSantis Needs 'Emergency Personality Transplant' amid Escalating 2024 Feud Donald Trump slammed fellow Republican Ron DeSantis over the weekend. The 76-year-old former president made the remarks in a post shared to his social media site Truth Social. In the post, Trump claimed that some of the donors and PACs initially supporting a deSantis run are now pulling their support due to what he called "crashing" poll numbers.
Employees of Primary Agricultural Cooperative Credit Societies take out rally in Krishnagiri All Staff Association of Tamil Nadu Primary Agricultural Cooperative Societies took out a rally in Krishnagiri on Monday. The protesters alleged that the PACs were pushed into meeting targets and forced to issue credits.
What we know about political donations tied to Silicon Valley Bank, Signature Bank Biden's campaign and PACs received at least $11,900 from SVB executives, according to records from the Federal Election Commission. Rep. Ro Khanna, whose district includes part of Silicon Valley, will return all donations.
Biden, Democratic National Committee will return political donations from Silicon Valley Bank executives Biden's presidential campaign and PACs received at least $11,900 from SVB executives. Biden's 2020 presidential campaign is returning $8,400. The Democratic National Committee will return $12,050.
Biden, Democratic National Committee will return political donations from Silicon Valley Bank executives Biden's presidential campaign and PACs received at least $11,900 from SVB executives, according to records from the Federal Election Commission. Silicon Valley Bank CEO Greg Becker gave Biden's campaign $2,800, and Brady gave it $5,500. Brady also donated $12,050 to the DNC.
Ohio House Speaker Jason Stephens prioritizes list of Republican bills for new legislative session Ohio House Speaker Jason Stephens laid out an unflinchingly conservative list of Republican priority bills for the new legislative session. The display appeared to do virtually nothing to unify his fractured supermajority. Most bills on the list are among those being pushed by a coalition of deep-pocketed conservative leaders, groups and PACs.
Sam Bankman Fried’s co-founder gave GOP govs group $500,000 right before bankruptcy FTX co-CEO Ryan Salame gave $500,000 to the Republican Governors Association in 2022. Salame was an emerging prolific GOP donor who gave more than $23 million to federal candidates and PACs. A number of Democratic candidates have announced their intentions to return donations from Bankman-Fried.
Rep. George Santos' finances are raising questions. Here's what public records show. Santos reported very little earnings and no assets in 2019 and 2020. By 2021, Santos was reporting a salary of $750,000 a year. Santos loaned more than $800,000 to his campaign and PACs.
Billionaire Donor: ESG is Out of Touch with Americans Who Care Most About How Companies Treat Workers Hedge fund billionaire Paul Tudor Jones says Environmental, Social, and Governance (ESG) is out of touch with the majority of Americans. Jones' Just Capital firm is dedicated to preserving and advancing ESG investments and related public policies. Jones was a big dollar donor to President Joe Biden’s 2020 campaign, giving $50,000. Jones has recently given to GOP candidates or PACs supporting them, including Ron DeSantis, Dave McCormick, Steve Daines and Marco Rubio.
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