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Month: February 2023

Mormon Church to pay fine to settle charges it hid an approximately $32 billion investment fund

By Nathaniel Meyersohn, CNN The Church of Jesus Christ of Latter-day Saints and its investment manager will pay a $5 million fine to settle regulatory charges that it hid a huge investment fund. The Securities and Exchange Commission said Tuesday that Ensign Peak Advisers, the investment management firm that handles the LDS church’s finances, failed

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Biden administration rolls out new asylum restrictions mirroring Trump-era policy

By Priscilla Alvarez, CNN The Biden administration released a new rule Tuesday that largely bars migrants who traveled through other countries on their way to the US-Mexico border from applying for asylum in the United States, marking a departure from decadeslong protocol. The new 153-page proposed regulation, which could affect tens of thousands of people,

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Kremlin official urges deeper ties with China to resist West

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Russia’s security head has held talks with the Chinese Communist Party’s foreign policy chief, saying Moscow and Beijing must deepen their cooperation in the face of Western pressure. Nikolai Patrushev, the secretary of Russia’s National Security Council, said during Tuesday’s meeting with Wang Yi, the party’s most

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