Anthem will pay $115 million to settle the biggest ever data breach in healthcare

Health insurer Anthem Inc. agreed to pay $115 million to resolve consumer claims over a 2015 cyber attack that compromised data on 78.8 million people, marking what attorneys in the case called the largest data-breach settlement in history. The proposed accord, which would end class-action lawsuits filed in several states, requires approval from a federal judge in San Jose, Calif .

Treasury Secretary Steven Mnuchin Just Laid Out a Pathway for Social Security Benefits to Be Cut

If Congress can finally come to a consensus on a Social Security bill, Trump may have little choice but to sign it. According to the April statistical snapshot from the Social Security Administration , nearly 61.4 million people were receiving a monthly benefit check.

Trump retains assets worth at least $1.4 billion, new disclosure shows

President Donald Trump retains control of assets that as of April 15 were worth at least $1.4 billion and had generated nearly $600 million in gross revenues in the previous 151/2 months, according to a new financial disclosure released Friday. The report, which the president voluntarily filed with the Office of Government Ethics, underscores the unprecedented financial interests Trump has brought with him to the Oval Office, an arrangement that has generated sharp criticism and spurred legal challenges.

Remember Trump’s Promise Not to Touch Social Security? It’s Gone Now

Yesterday, Treasury Secretary Steve Mnuchin said something of potentially very high significance that received no attention whatsoever. At a House subcommittee hearing, Mnuchin very casually walked away from Donald Trump's long-standing promise never to touch Social Security benefits.

Victoria man advocates for federal employees 7 hours from now

From left, Collin Kennedy, field representative for Congressman Blake Farenthold, and Ron Wideman, congressional District 27 liaison for the National Active and Retired Federal Employees Association, meet to discuss resolutions in Congress. - House Resolution 15 expresses the sense of the House that the U.S. Postal Service should take all appropriate measures to ensure the continuation of six-day delivery.

An Obama regulation is allowed to go into effect, for now

Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events ONE OF President Barack Obama's last major policies was the " fiduciary rule ," a Labor Department regulation aimed at alleged conflicts of interest in the professional advice that millions of Americans receive about their tax-advantaged retirement accounts. To cut a long story short, previous regulations require advisers to find their clients "suitable" investments, a looser standard than applies to fiduciaries, who are legally obligated to serve the client's " best interest ."

Firm to receive small business vouchers

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CalSTRS Takes Oppose Position on Financial CHOICE Act

CalSTRS expresses concern about H.R. 10 bill provisions that could reduce SEC oversight and remove critically important investor protections WEST SACRAMENTO, Calif. - CalSTRS Chief Executive Officer Jack Ehnes issued the following statement reflecting the Teachers' Retirement Board's decision to oppose H.R. 10 , also known as the Financial CHOICE Act of 2017: "The Financial CHOICE Act is shrouded in rhetoric about fixing the United States economy and lifting the regulatory burden on our financial institutions.

Ryan won’t commit to Treasury timetable for debt increase

House Speaker Paul Ryan won't commit to holding a vote to increase the government's borrowing authority this summer. The Wisconsin Republicans instead says the House will vote on such debt legislation before the government defaults - but not necessarily by an August deadline requested last month by Treasury Secretary Steven Mnuchin .

Supreme Court Affirms Religious Exemption from ERISA Pension Law

The U.S. Supreme Court on Monday ruled that church-affiliated hospital systems do not have to comply with a federal law governing employee pensions, overturning lower court decisions that could have cost the hospitals billions of dollars. The court ruled 8-0 that church-affiliated organizations are exempt from the Employee Retirement Income Security Act, a 1974 law that forces private employers to follow rules aimed at protecting pension plan participants.