Connect with us

News

Democrat Ami Bera without party backing

Published

on

SACRAMENTO, Calif. (Diya TV) — Democratic Rep. Ami Bera went to Sacramento on an 11th hour appeal, pleading his case to seek the party’s endorsement for re-election—he has garnered animosity from within the liberal wing of the Democrats, and failed to receive enough support to secure the endorsement as a result.

A persistent target of Republicans, Bera’s votes to advance a controversial trade agreement which would limit Syrian and Iraqi refugees from resettling in the U.S. was cited as a primary reason he failed to receive the endorsement. His bid for endorse fell just short—requiring a 70 percent majority, only 61 percent backed Bera, with 39 percent opposing, though he will not face an intraparty challenger in his race for re-election.

Rep. Ami Bera

Rep. Ami Bera

While in Sacramento, he briefly addressed a room-full, and to rub shoulders with some of the state’s party elites. He sought to clarify his official stance on the aforementioned trade agreement, and said he merely supported giving President Barack Obama the authority to negotiate terms of the agreement. He said he is still waiting to receive analysis this spring before making a final decision on the Trans-Pacific Partnership.

The loss, which was not entirely unexpected, means Bera, a two-term congressman from Elk Grove, will have to wait until Feb. 28 when the state party convention takes place to make another bid for endorsement from the party. The vote in San Jose will exclude clubs and other local groups, and is limited to delegates and their proxies.

As they’ve done so many times against him, Bera briefly turned his attention, and fight, against Republican challenger Scott Jones, the Sacramento County Sheriff. Most notable of his opposition’s were Jones’ stance as a Pro-Life member, and his publicly voice skepticism of addressing climate change.

“I see the urgency of climate change as one of our biggest challenges going forward,” Bera said.

Of the most vocal activists who spoke out against Bera’s endorsement were some of the most important foot soldiers in his first two elections: organized labor.

“This is an obvious showing that delegates in the district are not happy with Congressman Bera’s voting record,” said Robert Longer, political and legislative director for the Communications Workers of America Local 9421. “Normally, this is a matter of course; normally, he would have received the endorsement no problem. However … about 40 percent of the delegates decided that no endorsement is better than endorsing.”

“I think Congressman Bera needs to do some soul searching as to whether he’s a real Democrat, or not. If he believes in the district, he will connect with the voters, he will connect with the folks that got him into office. Otherwise, he will have to find another job.”

Bera is more hopeful for the outcome of the upcoming state convention, describing this decision as a part of “democracy in action.” Bera maintains that he is astute of the populous, and wishes to continue fighting to create more jobs, and protect a woman’s right to choose.

Continue Reading

News

FTX’s Nishad Singh got $543 million loan

Published

on

More fallout from the FTX cryptocurrency platform collapse. Court documents show its affiliate Alameda Research loaned executives like Sam Bankman Fried $1 billion and more than $500 million to Indian American Nishad Singh, FTX’s top engineer. FTX’s interim CEO says never in his career has he seen such complete failure of corporate controls and a complete absence of trustworthy financial information. The company filed for Chapter 11 bankruptcy after it was unable to come up with customer funds.

Elizabeth Holmes was sentenced to more than 11 years in prison after her conviction in January for defrauding investors while running the failed blood testing start up Theranos.In her trial, Holmes alleged she was in the midst of a decade-long abusive relationship with her then-boyfriend and Theranos COO Ramesh “Sunny” Balwani. The Indian American was also found guilty for his role in this fraud and will be sentenced later.

Starting next month, India will assume the G20 presidency for a year and chair more than 200 meetings, leading the way for global economic growth. Prime Minister Narendra Modi said his country’s leadership here will be inclusive, ambitious, and decisive.

Ravi Kapur contributed to this report.

Continue Reading

News

Arvind Venkat & Tarik Khan win Pennsylvania State seats

Published

on

WASHINGTON D.C. (Diya TV) – Looking back at the midterm elections, Arvind Venkat and Tarik Khan made history as the first South Asian Americans elected to the Pennsylvania State Legislature. Advocacy group Indian American Impact played a major role on the ground, saying it trained and mobilized 200 volunteers to go door-to-door, to engage voters and provide info they needed to elect new leadership.

After 35 years, the Nancy Pelosi era is officially coming to an end. The speaker from San Francisco announced she’s bowing out of leadership, but will retain her House seat. The midterms cost Pelosi’s Democratic party the House and effectively ended her speakership.

Two former Indian American executives at Meta Platforms will launch a new non fungible token start up for creators. Kirthiga Reddy and Saurabh Doshi have raised more than $8 million for their new company called Virtualness. But they are facing headwinds as the FTX cryptocurrency exchange collapse is putting pressure on the entire industry.

Ravi Kapur contributed to this report.

Continue Reading

News

Meet FTX insider Nishad Singh

Published

on

SAN FRANCISCO (Diya TV) – The controversy around failed cryptocurrency exchange FTX continues to captivate the world. Part of the scrutiny is now on the people involved, including Indian American Nishad Singh. According to new reports, this techie was part of FTX’s inner circle, which lived together and ran the cryptocurrency empire from the Bahamas. The software engineer was also reportedly aware that FTX secretly transferred customer funds worth billions of dollars to its sister firm Alameda Research. Currently, no one is facing any criminal charges. Diya TV featured Singh more than a decade ago for running ultra marathons as a 17 year old getting ready for college. 

Former President Donald Trump has officially announced he is running for president in 2024, marking his third bid for the White House. Trump had been hinting at this announcement for months, as the embattled former president faces multiple criminal and civil litigations and as his party is grappling with a worse than expected showing in the midterm elections. 

At the G20 Summit in Bali, world leaders including Indian Prime Minister Narendra Modi and U.S. President Joe Biden are coming together to condemn the rising threat of nuclear weapons as Russia’s war against Ukraine continues to raise tension and anxiety around the world.

Ravi Kapur contributed to this report.

Continue Reading

Trending

Diya TV , Inc. © 2017 All Rights Reserved