Senate Hearing
Luke Rosiak to testify before Senate on alleged abuses in federal 8(a) contracting program
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Daily Wire investigative reporter Luke Rosiak is scheduled to testify before a U.S. Senate committee this week about alleged waste, fraud, and abuse in the federal 8(a) contracting program, a long-running initiative that reserves certain government contracts for firms owned by members of disadvantaged groups.
One of two minors in the June 22 Tacloban school shooting obtained the Glock pistol by breaking into his aunt's house, according to reports presented during a Senate hearing on July 1.
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Building on December's charter approvals for firms like Circle and Ripple, the U.S. Office of the Comptroller of the Currency (OCC) has proposed detailed rules to implement the GENIUS Act for stablecoin issuers, addressing reserves, custody, redemption, and rewards programs on platforms like Coinbase. The 376-page proposal emerged on the eve of a Senate Banking Committee hearing where regulators testified on crypto oversight, amid industry concerns over operational impacts.