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Raja Krishnamoorthi is ready to work ‘across the aisle’ in Congress

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CHICAGO (Diya TV) — For 43-year-old Raja Krishnamoorthi, everything is about to change — as Illinois’ first Indian-American elected official, he is preparing to ship out as a new congressman of the state’s 8th District.

But the way he sees it, Krishnamoorthi will be taking off at the same time Donald Trump is becoming President without a mandate after losing the popular vote by approximately 2.5 million ballots. He believes that serves as an opening for himself, and fellow House Democrats, to win some concessions.

“Donald Trump will become president even after losing the popular vote in our November elections by a wide margin,” Krishnamoorthi said in an interview with NBC News. “To govern effectively, he must appeal to a broader base than what he campaigned on and avoid the divisive rhetoric that alienated so many Americans.”

Not only will he be Illinois’ first-ever Indian-American elected official, but Krishnamoorthi will be just one of 18 total Asian-American and Pacific Islander members of Congress, according to Congressional Asian Pacific American Caucus.

He defeated Republican opponent Peter DiCianni by approximately 17 points in the race to replace longtime Democrat Rep. Tammy Duckworth, who herself has graduated to the Senate. During the election, Krishnamoorthi won endorsements from the Chicago Tribune and the Chicago Sun-Times as well as from President Barack Obama.

“My hope is that we will find ways to work together rather than falling into the partisan dysfunction that’s plagued Washington for years,” he said.

Born and raised in Illinois as the son of Indian immigrants, the father of three has experience in both the public and private sectors. He previously served as the state’s deputy treasurer, special assistant attorney general, and chairperson of the audit committee of the Illinois Housing Development Authority.

Krishnamoorthi co-founded InSPIRE, a non-profit organization that trains inner-city students and veterans in solar technology.

Once he gets to Congress, Krishnamoorthi intents for his main focus to be on infrastructure, immigration reform and job creation — three pillars he noted were also heavy elements of President-elect Trump’s campaign.

“If Donald Trump is sincere in looking to advance those issues in a meaningful way, I will work with him to pass legislation that makes progress in those areas,” Krishnamoorthi said.

While he agrees the country could use immigration reform, Krishnamoorthi said building a wall and deporting undocumented immigrants who have lived most of their lives in the U.S. is no way to go about fixing a broken and corrupt system.

“I hope that President-elect Trump will drop his unrealistic campaign pledge to deport millions of immigrants who’ve made their lives in this country and contribute to our country,” he said. “In addition, I would like to work with the new administration and my Republican colleagues in Congress to allow the tens of thousands of foreign students who attend U.S. universities and graduate schools to stay in this country to start businesses and create jobs.”

Information from NBC News contributed to this report. 

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FTX’s Nishad Singh got $543 million loan

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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.

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Arvind Venkat & Tarik Khan win Pennsylvania State seats

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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.

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Meet FTX insider Nishad Singh

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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.

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