Secret Service Director Julia Pierson Resigns Amid Scandal

Oct 2, 2014, 3:09 pm EST

Julia Pierson, the director of the Secret Service, resigned on Wednesday.

Julia Pierson resigned as the director of the Secret Service due to a series of security issues. Several lawmakers called for her to step down from the director position despite President Barack Obama stating that he had full confidence in her abilities on Tuesday, reports The Washington Post.

However, the President changed his mind when he learned that Julia Pierson had allowed an armed guard with a criminal history in an elevator with him. The man hadn’t been screened for his background before being brought in as a guard. Following this revelation, the President decided that the Secret Service needed new leadership, The Washington Post notes. Read 

FCC Mulls ‘Redskins’ Ban on TV, Radio

Oct 1, 2014, 3:43 pm EST

The Federal Communications Commission (FCC) is considering banning the use of the word “Redskins” on TV and radio.

Legal activist John Banzhaf III has petitioned the agency to not renew local radio station WWXX-FM’s broadcasting license in relation to “Redskins.”

Banzhaf has called the word racist, derogatory and hateful. FCC Chairman Tom Wheeler said the FCC has received the petition and it’s considering accepting Banzhaf’s request. Read 

California Plastic Bag Ban: 5 Things to Know

Sep 30, 2014, 3:07 pm EST

California has passed a law that bans the use of plastic bags from grocery stores.

Gov. Jerry Brown passed a legislation to do so on Tuesday. Here are five things you should know about the California plastic bag ban:

    Single-use plastic bags will no longer be carried by grocers. Shoppers must now bring their own reusable bag or pay ten cents for a paper bag. The move is meant to reduce pollution in “beaches, parks and even the vast ocean itself,” according to Gov. Brown. The American Progressive Bag Alliance is rallying to overturn the law via referendum on the 2016 ballot. The group believes the law is a scam concocted by grocers and union bosses to rob consumers out of billions of dollars.

The opinions contained in this column are solely those of the writer.
 
Want to share your own views on money and politics? Drop us a line at letters@investorplace.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication. Read 

USPS News: Post Office Wants to Test Grocery Delivery

Sep 26, 2014, 1:30 pm EST

The US Postal Service (USPS) wants to test its grocery delivery system nationwide. Source: Flickr

The service has filed with the Postal Regulatory Commission for approval of a two-year test of a delivery system consisting of “groceries and other prepackaged goods.”

USPS said that the move could help it rake in between $10 million and $50 million a year. The grocery delivery service is currently being tested in partnership with Amazon (AMZN) in San Francisco. Read 

Attorney General Candidates: Who Will Replace Eric Holder?

Sep 25, 2014, 1:24 pm EST

Who will replace Eric Holder as the country’s next Attorney General?

Holder — who’s been in office since 2009 — will announce his resignation today and will retain the position until a successor is named.

Massachusetts Gov. Deval Patrick is considered to be the favorite to be the next Attorney General. He spoke of the importance of the position on Thursday but said he is not the right man for the job at the moment. Read 

Scotland Independence: Scots Vote to Remain Part of UK

Sep 19, 2014, 3:32 pm EST

Citizens of Scotland voted to remain a part of the United Kingdom on Thursday.

The decision to stay with the UK won with 55% of the votes. The other 45% of the votes were for leaving the UK. There was no third option during the voting process, but one was suggested. This option would have given Scots the option to vote for devo-max, which would have Scotland handling most of its own affairs while remaining part of the UK, reports Reuters.

Following voters’ decision to stay with the UK, Alex Salmond, Scotland’s First Minister and head of its independence movement, resigned from office. Salmond was also the head of the Scottish National Party (SNP). He said he won’t run for reelection to be leader of the SNP, The Washington Post notes. Read 

1 2 3 4 5 220