US Democrats want Russia sanctions over 2020 election interference

first_imgThe Kremlin on Friday denied interference.US law allows the administration to propose sanctions on Moscow in response to election interference.Congress passed the Countering America’s Adversaries Through Sanctions Act, or CAATSA, in 2017 partly in response to the intelligence community’s finding that Russia interfered in the 2016 election to boost Trump’s chances of winning the White House. Moscow denies that allegation and Trump has repeatedly questioned the finding.In the letter released on Monday, the three senators urged Pompeo and Mnuchin to move swiftly to impose sanctions. “Doing anything less would be an abdication of your responsibility to protect and defend the US from this serious threat to our national security, and to the integrity of our electoral process,” they wrote.The White House, State Department and Treasury did not immediately respond to a request for comment.Schumer is the Senate Democratic leader. Menendez and Brown are the top Democrats on the Senate Foreign Relations and Banking committees, which oversee sanctions policy.Trump replaced acting Director of National Intelligence Joseph Maguire with US Ambassador to Germany Richard Grenell last week. According to media reports, Trump was annoyed by the briefing to lawmakers about Russian interference.Topics : Senior US Democrats said on Monday that President Donald Trump’s administration should immediately impose sanctions on Russia after US intelligence officials told members of Congress that Russia appeared to be trying to influence this year’s US election.Senators Chuck Schumer, Bob Menendez and Sherrod Brown wrote to Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin demanding that the administration “immediately and forcefully” put sanctions on the government in Moscow and any Russians involved in election interference.A congressional source told Reuters on Friday that intelligence officials had told lawmakers that Russia appeared to be engaging in disinformation and propaganda campaigns to help both Democratic presidential challenger Bernie Sanders and Trump, who is seeking re-election in November.last_img read more

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Governor Wolf Announces New Loan Approvals for Six Projects in Five Counties, Supporting Nearly 100 Small Business Jobs Statewide

first_img SHARE Email Facebook Twitter Economy,  Jobs That Pay,  Press Release Harrisburg, PA – Today, Governor Tom Wolf announced new low-interest loan approvals through the Pennsylvania Industrial Development Authority (PIDA) program for six business projects in five counties across the commonwealth that will help create and retain nearly 100 jobs statewide. The loan funding will assist businesses with costs ranging from expanding pediatric services, to adding production lines and building renovations.“With the approval of these low-interest loans, we’re providing critical access to capital that businesses need to grow,” Governor Wolf said. “Spanning several industry sectors – including health care, manufacturing and design, and cold storage – these six projects will spur job creation and boost the economies where the projects are located while ensuring that we’re meeting the needs of businesses across the commonwealth.”In 2018, PIDA has approved $57 million in low-interest loans that have resulted in $78.7 million in private investment and supported 3,157 created and retained full-time jobs. This month, PIDA approved a total of just over $3.29 million in fixed, low-interest loans to projects in Beaver, Bedford, Cumberland, Dauphin, and Somerset counties.The following loans were approved:Beaver CountyCreekside Springs, LLC, a producer of bottled water and a contract packager of beverages, was approved for a $400,000, 10-year loan at a 3.5 percent rate through the Beaver County Corporation for Economic Development for the purchase of machinery and equipment to be installed in the company’s New Brighton bottling facility. The project involves upgrades to the existing bottling line and the installation of an additional production line, and is expected to create seven full-time jobs and retain a further 22 jobs over the next three years.Bedford CountyThe Bedford County Development Association was approved for a $250,000, 15-year loan at a 2.5 percent interest rate with a 7-year reset to build out a 4,068-square-foot suite for Children’s Community Pediatrics. The facility will expand pediatric services offered from a nearby hospital facility and is expected to create seven full-time jobs within three years.Cumberland CountyParath, LLC, was approved for a $1.25 million, 15-year loan at a 2.5 percent interest rate with a seven-year reset through the Capital Region Economic Development Corporation to renovate a 69,273 square foot flexible warehouse building to house three tenants including Supply Source Inc., an office and social space furnishings solutions company.Dauphin CountyCamerek Holdings, LLC was approved for a $359,900, 15-year loan at a 3.75 percent interest rate through Capital Region Economic Development Corporation to acquire a 10,929 square foot building in Harrisburg. The property will be occupied by Solution Designers, LLC, a company specializing in custom designing and manufacturing garage, food, laundry, and bedroom closet storage units, enabling it to complete production for sales already made and keep up with growing market demand. The project is expected to create eight and retain two full-time jobs in the next three years.Vich Development, LLC, was approved for a $640,766, 10-year loan with 20-year amortization at a 3.75 percent interest rate through Capital Regional Economic Development Corporation to acquire a 25,000 square foot cold storage facility in Harrisburg. The facility will be occupied by e-tailer, Inc., a company specializing in cold storage and fulfillment of products like ice cream. The project is expected to create 25 new full-time jobs within three years.Somerset CountyPrecision Pallets and Lumber, LLC was approved for a $400,000, 15-year real estate loan at a 2.5 percent seven-year reset rate and a $240,000, seven-year machinery and equipment loan at a 3.5 percent rate through the Southern Alleghenies Planning & Development Commission. The loan funds will be used for the purchase of Precision Pallets & Lumber, Inc., a manufacturer and distributor of wooden pallets, including the acquisition of real estate and production equipment including nailers, saws, branders, and a kiln. The project is expected to create seven full-time jobs and retain 12 jobs over the next three years.PIDA is an independent authority staffed and regulated through the Department of Community and Economic Development. The authority provides capital for building acquisition, construction and renovation work, machinery, and equipment loans along with working capital lines of credit, primarily for manufacturers, industrial developers, research and development firms, agricultural processors, and employers looking to establish national or regional headquarters in Pennsylvania.For more information about the Pennsylvania Industrial Development Authority and other DCED initiatives, visit dced.pa.gov. June 06, 2018center_img Governor Wolf Announces New Loan Approvals for Six Projects in Five Counties, Supporting Nearly 100 Small Business Jobs Statewidelast_img read more

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