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Kentucky lawmakers pass ban on youth gender-affirming care

Republican lawmaker s in Kentucky passed a measure Thursday to ban gender -affirming care for trans gender minors, completing whirlwind voting on a repackaged proposal that triggered outrage and tears among opponents unable to stop the sweeping policymaking on a culture wars issue. Supporters of the proposal — which affects how gender is discussed in schools — beat a Thursday deadline to retain their power to override an expected gubernatorial veto. GOP supermajorities in the House and Senate overwhelmingly passed the bill, a day after a slimmed-down version had stalled in the Senate and seemingly left the issue in limbo. A cascade of shouting erupted from some bill opponents in the Senate gallery after the measure won final passage. The bill’s foes denounced the fast-track maneuvering and the expanded measure’s consequences for trans youth s. Overcome with emotion, a sobbing Rep. Josie Raymond said children would be harmed. “I’m embarrassed and I’m appalled and I’m scared,” the Democ...

Key lawmakers say upcoming hearings on bank failures aim to boost U.S. confidence in banking sector

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Rep. Patrick McHenry (R-NC) and Chairman of the House Financial Service Committee Maxine Waters (D-CA) listen as David Marcus, CEO of Facebook’s Calibra, testifies on "Examining Facebook's Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System" on Capitol Hill in Washington, U.S., July 17, 2019. Joshua Roberts | Reuters WASHINGTON — A bipartisan group of lawmakers overseeing the recent turmoil in the banking sector said Wednesday that they aim to increase Americans' confidence in the banking industry after Silicon Valley Bank and Signature Bank collapsed over the last two weeks. The two House and Senate committees that oversee banking have announced back-to-back hearing s next week to examine regulatory lapses that missed signs the banks were in trouble. Federal Deposit Insurance Corp. Chairman Martin Gruenberg, Federal Reserve Vice Chair for Supervision Michael Barr and Treasury Undersecretary for Domestic Finance Nellie...