Maxine Waters has no plans to subpoena Bankman-Fried for testimony

Rep. Maxine Waters (D-CA) attends a House Financial Services Committee hearing in Washington on Oct. 23, 2019.

Erin Scott | Reuters

House Financial Services Committee Chair Maxine Waters told Democrats she has no plans to subpoena former FTX CEO Sam Bankman-Fried to testify at Tuesday’s hearing about the crypto exchange’s rapid decline, according to people with direct knowledge of the conversation.

Waters briefed committee members on Tuesday at a private meeting with Securities and Exchange Commission Chairman Gary Gensler on Capitol Hill of her decision, saying those people declined to be identified to speak freely about private discussions.

Attendees at the meeting say Waters said she wanted committee staff to try to persuade Bankman-Fried to testify voluntarily, those with knowledge of the meeting said. Bankman-Fried has yet to agree to testify voluntarily before the House Committee until late Wednesday, two of the people said.

Waters, who will lose the chairmanship when Republicans take control of the House on Jan. 3, could end up deferring Rep. Patrick McHenry, RN.C., the panel’s top Republican and likely next chairman, to decide on whether to subpoena Bankman -Fried in the next session of Congress if the FTX founder declines to testify voluntarily next week.

Bankman-Fried has been under the scrutiny of federal investigators and lawmakers on Capitol Hill ever since its cryptocurrency exchange suddenly collapsed last month, exposing a multitude of questionable transactions. Senate Banking Committee Chairman Sherrod Brown, D-Ohio, announced that his committee would hold a hearing on Dec. 14 on the FTX implosion. The company’s collapse came after FTX reportedly transferred billions of dollars in customer funds to Bankman-Fried’s trading firm Alameda Research.

Waters invited Bankman-Fried to testify voluntarily before the panel and could change her mind at any time and subpoena him before Tuesday. A committee spokeswoman declined to comment. The committee and Waters tweeted in response to this story that a subpoena for Bankman-Fried is “definitely on the table. Stay tuned in.”

Bankman-Fried tweeted his response to Waters, saying he felt it was his “duty” to explain what happened, although it may not happen next week. John Jay Ray III, FTX’s new CEO, is scheduled to testify at next week’s House of Representatives hearing.

“Once I’m done studying and verifying what happened, I would feel it my duty to appear before the committee and explain it,” Bankman-Fried said. “I’m not sure if that will happen by the 13th. But when the time comes, I will testify.”

Bankman-Fried’s fall from grace was swift and unforgiving after spending years atop Capitol Hill as a crypto “darling.” He donated nearly $40 million to the 2022 midterm congressional election, much of which went to Democrats.

Nishad Singh, who became FTX’s chief engineer in 2019 after working at Bankman-Fried’s trading company Alameda Research, has donated more than $13 million to Democratic Party causes since the start of the 2020 presidential election.

Ryan Salame, the co-CEO of FTX Digital Markets, donated an additional $23 million, with most of his contributions benefiting Republicans.

Drew Barrymore’s magnificence reward picks embody a clarifying butt masks

We’ve included these products selected by Drew Barrymore because we think you’ll like their selection at these prices. Some of the featured products are from Drew’s Flower Beauty brand. E! has affiliate relationships, so we may earn a commission if you buy something through our links. Items are sold by the retailer, not E!. Prices are correct at time of publication.

Whether you’re shopping for yourself or looking for Christmas gifts, makeup and skincare products are a great option. We can all use a self-care moment here and there, right? If you want to change your routine, Drew Barrymore shared her favorite beauty gift choices in DREW Magazine’s latest issue, The Big Warm Hug Issue.

The talk show host’s gift recommendations are budget-friendly, with prices ranging from $22 to $73. Drew’s selection includes products from her friends’ brands, including Queer Eye Star Jonathan Van Ness, Charlotte Tilbury, Gucci Westman. She also recommended a clarifying butt mask, perfect for an at-home spa night.

Cigarette producers have ordered warning indicators to be put up at retailers

Altria’s Marlboro cigarettes for sale in a store.

Simon Dawson | Bloomberg | Getty Images

Major cigarette companies will soon be required to post signs at retail locations warning of the health effects of smoking, the Justice Department announced.

The order, set to take effect on July 1, 2023, is the latest in a broader series of court-ordered measures stemming from a 1999 lawsuit against cigarette companies, the ministry said in a press release.

The order requires defendants Other, Philip Morris USA Inc., RJ Reynolds Tobacco Company and four brands of cigarettes owned by ITG Brands to put up the signs for two years. Company officials did not immediately respond to requests for comment.

“Attorneys at the Department of Justice have worked diligently for over 20 years to hold accountable the tobacco companies that have defrauded consumers about the health risks of smoking,” Assistant Attorney General Vanita Gupta said in a statement.

The retail signs will be “distinctively designed” and include warnings such as “Cigarette smoking causes numerous diseases and an average of 1,200 deaths per day in the United States” and “The nicotine in cigarettes is highly addictive and cigarettes were designed to induce and sustain addiction.”

The order follows a lawsuit filed in 1999 in US District Court for the District of Columbia by a coalition of anti-tobacco and public health advocacy groups. It led to a ruling that the cigarette companies were cheating consumers about the health hazards associated with smoking cigarettes.

As part of previous court orders, similar health warnings began appearing in newspaper and television advertisements, on cigarette packs and on company websites from 2017. The retail signs were the subject of multiple appeals before a deal was reached last May, the Justice Department said.

The order applies to about 200,000 U.S. retail locations that have merchandising agreements with the cigarette companies, according to the department. Companies must amend their dealer contracts and then manufacture and distribute the required signs within six months of the start of the order.

The deal comes as e-cigarette maker Juul Lab settled a lawsuit this week alleging it engaged in deceptive marketing and sales practices. The company, which is partially owned by Altria, said it has reached settlements covering more than 5,000 cases involving nearly 10,000 plaintiffs.

As part of the resolutions, Juul will compensate those struggling with nicotine addiction and fund programs aimed at curbing youth nicotine use.

Elevated demand for ADHD medicine places a pressure on the US healthcare system

Stories about Attention Deficit Hyperactivity Disorder, or ADHD, have seen a resurgence in the social media zeitgeist in recent years, and it could lead to more people seeking a diagnosis for the condition.

“Many of my patients would point their phone at the camera and say, ‘Here’s this video I saw on TikTok and that’s why I have ADHD,'” said Dr. Sasha Hamdani. She is a psychiatrist and ADHD specialist and a creator of content about the condition with more than 800,000 followers on TikTok.

Hamdani estimates that about 50% of patients who inquire about the condition actually receive an HDHD diagnosis.

ADHD diagnoses and prescriptions have been increasing across all age groups since before the days of social media. The number of ADHD diagnoses in 2010 was almost five times what it was in 1999. And between 2007 and 2016, the number of ADHD diagnoses in adults more than doubled.

“Certainly the impact of the pandemic was clear in terms of increasing stress, but also the advent of telemedicine has allowed more people to have better access and brought more people into treatment,” said Dr. Lenard Adler, director of the adult ADHD program at NYU Grossman School of Medicine. “I don’t think we have a straight answer, but ADHD drug prescriptions have certainly increased in recent years.”

Social media content can be a problematic source of health information. A media analysis of popular TikTok videos revealed that about half of the videos examined contained misleading or potentially misinformation.

“I think heightened awareness is always what I would call a double-edged sword,” said Dr. Anthony Yeung, a psychiatrist at St. Paul’s Hospital in Vancouver, British Columbia, and one of the study’s authors. “I think we’ve definitely moved into an area where we’re talking about mental health that’s really positive. There’s a lot less stigma.”

“But the other side of this double-edged sword is that sometimes when we talk about mental health symptoms or diagnoses, we run the risk of potentially misinterpreting things that fall on the spectrum of normal as pathological again,” Yeung said.

This influx of people all at once seeking treatment can create a supply and demand problem.

“What I see in my practice is that we have a six-month waiting list to be admitted. And we’re incredibly busy,” said Adler. “Some of that is from the pandemic, but I think there’s a general need for services at this point.”

Some people may start self-diagnosing when they don’t have access to treatment, which can come at a cost.

“One of the challenges with self-diagnosis is that it can lead to increased anxiety in individuals,” Yeung said. “Sometimes when people talk about symptoms online, those symptoms aren’t necessarily representative of a specific disease or disorder, but it can be talked about in a way that anyone watching this video actually sees it as such and thinks they have it has diagnosis.”

This bottleneck does not only apply to doctor visits. The Centers for Disease Control and Prevention announced in October that both the brand name and generic form of Adderall are in short supply in the United States

“Logistically, it’s been a nightmare for both patients and providers,” Hamdani said. “[Stimulant medications] are so tightly controlled that you can’t easily transfer it [to a different pharmacy]. You must abort a script. Then you have to find another pharmacy that has it. At this point it may not be filled because other people have filled it there. It’s a lot of logistical shifts and work on that front. And that’s extremely frustrating for the patient.”

Watch them Video above to learn more about the rise in ADHD in the United States and whether the healthcare system can handle the rising demand.

Raphael Warnock is within the driver’s seat of the Georgia Senate runoff

According to Dave Wasserman of NBC News/The Cook Political Report, Senator Raphael Warnock is in the driver’s seat of the Georgia Senate runoff.

Aquarius tweeted:

At this point, turnout would have to be unusually rough in Metro Atlanta for Warnock (D) to lose. It’s going to be close, but he’s in the driver’s seat now. #GASES

— Dave Wasserman (@Redistrict) December 7, 2022

Wasserman went on to list several outcomes that are good for Warnock:

Baldwin Co. (Milledgeville): Walker +0.5 in November, Warnock +0.2 today. A switch from red to blue unless there are a handful more pro-walker votes to count. Another great sign for Warnock (D). #GASES

— Dave Wasserman (@Redistrict) December 7, 2022

Webster Co: Walker +20.8 in November, Walker +18.9 today. Tiny County but a good result for Warnock (D). #GASES

— Dave Wasserman (@Redistrict) December 7, 2022

Georgia could turn out just as Republicans feared. The Democrats are extraordinarily organized, coming out to support Senator Warnock, while the Republicans are acting like they did in November and Herschel Walker breaks off at points.

Democrats had the stronger message compared to Republicans, who essentially argued that Walker sucks, but voters need to take one for the GOP team and still vote for him.

The election may not be officially called until later tonight, but barring one totally unforeseen event, Senator Raphael Warnock is in a strong position to win a full Senate term representing Georgia.

Jason is the managing editor. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public policy with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

Pfizer has dismissed Moderna’s declare it copied the Covid vaccine and accused the rival of rewriting historical past

Pfizer has denied allegations by the rival Modern that its Covid-19 vaccine is a copy, and accuses the Boston-based biotech of rewriting history to claim technology developed by a field of scientists over many years.

Pfizer filed Monday in a Massachusetts federal court to dismiss Moderna’s claim for damages alleging patent infringement related to the Boston-based company’s Covid vaccine. Pfizer asked the court to prevent Moderna from re-suing it or its partners over three alleged patent infringements.

Moderna, in a complaint filed in August, accused Pfizer of copying two key technologies that make the messenger RNA Covid vaccines possible.

Moderna accused Pfizer of using the same modification to mRNA that keeps the molecule stable long enough to program human cells to produce the crucial spike protein that ignites an immune response against Covid.

Moderna also accused Pfizer of using the same full-length spike protein in its Covid shots. Moderna says it showed that a full spike elicited an immune response in 2015 when it was developing an mRNA vaccine for Middle East Respiratory Syndrome. This vaccine never came to market.

“The Moderna inventions that Pfizer and BioNTech sought to copy were the basis for the success of their vaccine,” the company claimed.

Pfizer and its German partner BioNTech vehemently denied those allegations, saying the technological building blocks for the vaccines were developed by a field of researchers before the pandemic began. They accused Moderna of trying to “take the spotlight on her own.”

“Moderna is wrong, and its revisionist history is not based on fact. Pfizer and BioNTech did not copy Moderna’s technology,” Pfizer said in its response. “Instead, Pfizer and BioNTech developed their vaccine independently, leveraging innovation from their respective scientists and drawing on decades of research conducted by others before the onset of the pandemic.”

According to Pfizer, the mRNA modification was developed by University of Pennsylvania researchers, one of whom is now an executive at BioNTech. It rejected Moderna’s claim to possess full-length Spike Protein technology. Pfizer said scientists had been concerned about coronaviruses since the 2003 SARS outbreak, and by 2009 scientists understood the full-length spike triggered a powerful immune response.

Pfizer and Moderna have raked in tens of billions of dollars in revenue from the Covid vaccines since vaccines were first approved in December 2020, and have reaped windfall profits.

Moderna is asking the court to award it monetary damages, including royalties and lost profits with interest, since March 2022. The company is also demanding increased damages of up to three times the damages determined.

Accused Colorado Membership Q suspect hit with 305 fees

The accused suspect in the Club Q Mass shootings were hit with a staggering 305 charges after allegedly killing five people and injuring 25 others, and the Colorado Springs gay club last month, according to the New York Post.

On Tuesday morning, Anderson Lee Aldrich appeared in court for the first time since his arrest, where her mug shot showed a bruised face after heroic bar-goers stepped in to subdue him, as previously reported by The shadow room.

Anderson Lee Aldrich was charged with 305 counts on Tuesday’s first court appearance

Aldrich, who identifies as non-binary, sat next to her public defender as prosecutors presented their case.

They were charged with five counts of first-degree murder, along with hundreds of first- and second-degree assaults and “many counts of prejudice-motivated crimes.”

Michael I Travis (L) and Dr. Michael R. Travis (R) place a flag at a memorial for the victims of a mass shooting at Club Q, an LGBTQ nightclub in Colorado Springs, Colorado on November 20, 2022. (Photo by Jason Connolly/AFP) (Photo by JASON CONNOLLY/AFP via Getty Images)

The 22-year-old reportedly opened fire at Club Q on November 19 and continued firing for six minutes before being attacked by guests.

Bartenders Daniel Davis Aston, 28, and Derrick Rump were among the five dead.

“I thought it was the music, so I kept dancing,” survivor Joshua Thurman told reporters of the horrifying scene. “Then I heard another series of shots and then I ran into the fitting room with a customer, got on the floor, locked the doors and immediately called the police.

He added: “There were bodies on the ground, blood, broken glass, broken cups and it was worse outside.”

Accused Club-Q shooter overpowered and assaulted by club patrons, ordered to be held without bail

Aldrich, the estranged child of former UFC fighter and porn star Aaron Brink and grandchild of outgoing California GOP Rep. Randy Voepel, was eventually arrested at the scene and has been held without bail ever since.

GettyImages 1443138294Evidence markers are placed at the crime scene near a 7-11 where a victim was found near Club Q in Colorado Springs on November 20, 2022 (Photo by Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images)

Colorado Springs Mayor John Suthers had told the AP the deadly attack only ended after a patron took a gun from the suspect, hit him with it and pinned him until authorities arrived.

Aldrich and her mother, Laura Voepel, were well known to local authorities prior to last month’s mass shooting.

The accused gunman’s mother was arrested for disorderly conduct and resisted arrest a day after the mass shooting

Aldrich’s mother, 45, was charged with resisting arrest and disorderly conduct a day after the shooting.

Voepel was asked by the police “several times” to “scream out” at her home, otherwise she would be arrested, according to a summons from CDPR.

She reportedly became combative and resisted arrest, the outlet reports.

In court Tuesday, the prosecutor claimed the case against Aldrich was “substantial,” adding that prosecutors could change their charges in the coming weeks.

Jim Cramer’s Investing Membership Assembly Tuesday: Financial institution Election, Play Firings

Trump’s ex-advisor John Bolton says he is contemplating operating for president in 2024

John Bolton, who was former President Donald Trump’s national security adviser for more than a year, said Monday he was “absolutely considering” launching a 2024 presidential bid — in large part to challenge Trump.

Bolton said in a speech on NBC News’ Meet The Press Now that the “one thing” that would spur him on to run is “to make it clear to the people of this country that Donald Trump is unacceptable as a Republican candidate.”

Bolton called it “un-American” for Trump to “challenge the Constitution” as he proposed over the weekend to end the nation’s top law to put him back in the White House.

Bolton, who has been a regularly vocal Trump critic since leaving his administration in September 2019, called the former president’s statement “an existential threat to the republic itself.”

Trump, who has routinely peddled false claims of widespread voter fraud since his 2020 defeat by President Joe Biden, claimed in a social media post Saturday, “Massive fraud of this type and magnitude allows for the repeal of all rules, regulations, and articles, even those found in the Constitution.”

Trump appeared to retract that statement Monday, saying it was “fake news” to claim he wanted to “‘cancel’ the Constitution.” In follow-up posts, Trump declared in capital letters, “IF AN ELECTION IS IRREVERTLY FRAUDULENT, IT SHOULD GO TO THE RIGHTFUL WINNER, OR AT LEAST RESTORE.”

Bolton dismissed Trump’s clarifications, saying his opinion was “not only wrong and outrageous, but disqualifying.”

“If Donald Trump were to take the oath of office again, God forbid he would either lie about upholding, protecting and defending the Constitution, or maybe he wouldn’t say it at all,” Bolton said. “You can’t have that approach. You can’t contradict that. This is fundamental for the Republic.”

Bolton called on GOP leaders to denounce Trump, who is currently the only Republican announcing his candidacy in the 2024 presidential election. Numerous other Republicans, including Florida Gov. Ron DeSantis and Trump’s ex-Vice President Mike Pence, are expected to prepare to run for the GOP nomination.

The Biden administration said attacks on the Constitution should be “universally condemned.” However, many top Republicans have avoided publicly addressing Trump’s remarks when asked for comment.

Bolton, noting that many Republican leadership roles are currently under scrutiny, said any potential candidate should dismiss Trump’s remarks.

“And frankly, if they don’t, there’s one thing that would make me want to get into the presidential race that I’ve watched in previous elections, and that’s to make it clear to the people of this country that Donald Trump is unacceptable as the Republican nominee,” Bolton said.

Pressing for those comments, Bolton confirmed he would “absolutely” consider entering the 2024 race. In order to become a presidential candidate, one must not only declare support for the constitution, but also resistance to “people who would undermine it”.

Referring to the House of Representatives’ defunct Committee on Un-American Activities, Bolton said, “I think when you question the Constitution itself, as Trump did, that’s un-American.”

He urged other Republicans to say the same. “I don’t understand why they aren’t saying it now,” he said.

Almost all GOP voters “disagree that Donald Trump is more important than the Constitution,” Bolton said. “What does a candidate have to lose by appealing to 95% of the Republican Party base?”

He said he wants to see “Shermanesque statements” denouncing Trump by other potential candidates, and if he doesn’t “then I’ll seriously consider getting in”.

When asked about his thoughts on the 2024 race and what his potential campaign might look like, Bolton predicted that national security issues will dominate this election cycle. “The isolationist virus that Trump unleashed must also be addressed,” he added.

Bolton contrasted Trump, a “whiner,” with the “more optimistic” message from the late GOP President Ronald Reagan. The former national security adviser said his potential presidential platform could be “very Reaganesque.”

Bolton described his politics as “fairly libertarian” and said he was “not a social conservative”.

He added that he believes the field for the 2024 presidential election will be “very crowded” and that he could make a decision on whether to run “sooner than some would think”.

CDC encourages folks to put on masks to forestall the unfold of Covid, flu and RSV

The Centers for Disease Prevention on Monday urged people to wear masks to reduce the spread of respiratory illnesses this season as Covid, flu and RSV circulate at the same time.

CDC Director Dr. Rochelle Walensky, in a call with reporters, said wearing a mask is one of several everyday precautions people can take to reduce their chances of catching or spreading a respiratory virus during the busy holiday season.

“We also encourage you to wear a quality, well-fitting mask to help prevent the spread of respiratory disease,” Walensky said, adding that people living in areas of high Covid transmission should give special thought to masking.

The CDC director said the agency is considering expanding its system of Covid community levels to include other respiratory viruses, such as the flu. The system is the basis for when CDC advises the public to wear masks. But Walensky encouraged people to be proactive.

“You don’t have to wait for CDC action to put on a mask,” Walensky said. “We would encourage all of these preventive measures – washing hands, staying home if you’re sick, masking, increased ventilation – during the respiratory virus season, but especially in areas with high levels of Covid-19 community.”

About 5% of the US population lives in counties where the CDC officially recommends masks due to high levels of Covid. The CDC still recommends masking for anyone traveling by plane, train, bus or other public transportation, Walensky said.

People with weakened immune systems and people who are otherwise at increased risk of serious illness should also consider wearing a mask, the CDC director said.

Walensky strongly encouraged everyone who is eligible to receive their flu shot and Covid booster. Flu shot coverage is lagging in at-risk groups — children under 5, pregnant women and at-risk seniors — compared to last year, the CDC director said. There is no vaccine against RSV.

“I would like to emphasize that the flu vaccine can be life-saving and, most importantly, there is still time to get vaccinated against the flu and its potentially serious consequences this season,” Walensky said.

The flu arrived early and hit the US hard, with hospitalizations a decade high for this time of year. More than 8.7 million people have fallen ill, 78,000 have been hospitalized and 4,500 have died from the flu this season, according to CDC data. Fourteen children have died from the flu so far this season.

More than 19,000 people were hospitalized with the flu in the week ended Nov. 26, almost double the number for the previous week, according to CDC data.

The number of people hospitalized with Covid also increased by 27% in the week ended December 2, according to CDC data. And respiratory syncytial virus (RSV) has hospitalized children more frequently than in previous years. Walensky said RSV appears to have peaked in the southeast and may be flattening out in the mid-Atlantic, although spread of the virus remains high across much of the country.

“We are now facing another wave of disease. Another moment of strained capacity and truly a tragic and often preventable death,” Walensky said as she thanked health care workers for their service during the repeated waves of illness they have faced since the Covid pandemic began.

dr Sandra Fryhofer, chief executive officer of the American Medical Association, said the simultaneous spread of Covid, flu and RSV was “a perfect storm for a terrible holiday season.” Fryhofer said she understands many people are fed up with repeated Covid vaccinations but getting vaccinated is the best way to avoid getting sick over the holidays.

“You could get really, really sick this year and ruin your holiday celebrations if you don’t get vaccinated,” Fryhofer said during Monday’s call.

The Children’s Hospital Association and the American Academy of Pediatrics last month called on the Biden administration to declare a public health emergency in response to the surge in pediatric hospitalizations from RSV and the flu.