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Exclusive: One on One with Rep. Raja Krishnamoorthi at Impact Summit 2018

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Diya TV's Ravi Kapur interviews Rep. Raja Krishnamoorthi at the Indian American Impact Summit 2018.

WASHINGTON (Diya TV) — Earlier this month, more than 200 Indian American candidates, elected officials, among others gathered in Washington for the inaugural Impact Summit, an effort to build a long-term political network for the diaspora. All five Indian American members of Congress spoke at this event that was sponsored in part by Diya TV. Below is a transcript of an interview conducted on site by Ravi Kapur with Democratic Illinois Representative Raja Krishnamoorthi for our public affairs program “The Public Interest,” edited for clarity.

Q: 2018 is a midterm election year. What is it like being on the ground here in Washington right now?

A: It’s a little bit of a circus. Our president does things a little differently than past presidents. And in my humble opinion, I think that what’s happened is there a lot of people who are very concerned and in some cases, alarmed, about what’s going on with regard to various issues, economic issues. There could be rights issues and so forth. And I don’t think that’s a good thing. I don’t think we function well in a democracy when we’re at each other’s throats. And we’re not really in a deliberative process. I hope that changes.

Q: We had a primary process in my home state of California and yours in Illinois. The turnouts have been pretty poor. Folks weren’t inspired to vote in the primaries. Do you expect a real significant turnout who people are clearly really turned off about what’s going on here?

A: I think that some people are energized. For instance, Democratic women are energized to come out because of what they’ve seen with regard to this administrations treatment of issues of importance to women, reproductive rights, equal pay and so forth. I think that it’s possible that people on the other side might also be energized to defend their president. I think we, as Democrats — I happen to be a Democrat — I think we can’t take anything for granted. I mean, people talk about a blue wave, but to me, until November 6 rolls around, we can’t sit still. We can’t be complacent whatsoever. We have to run all the way through the finish line and through the tape, so to speak.

Q: We’re here at the Indian Impact Summit and there’s a cluster of folks that want to be in your position one day, who want to run for office at the state level and at the federal level. What are you saying to this next flock of people who want to get through the fray?

A: I basically say, ‘Look, there is this old adage. If you don’t have a seat at the table, you’re on the menu.’ And we as Indian Americans or South Asian Americans cannot afford to be on the menu. The stakes could not be higher. So now is the time to get involved. First, you’ve got to make sure everyone votes. Secondly, volunteer for a political cause that’s bigger than yourself. And then third, if you have demonstrated a record of public service and public service is part of your future — and you’re ready — then you should consider running for office. It’s a big, big step, but more and more people have to do it at all levels of government, whether it’s State House or State Senate. Maybe some of your viewers might even run for the U.S. Congress, but please not in my Congressional district. But anywhere else I’d be delighted to guide people. But the point is that people have to get involved.”

Q: Final question for you – what else is on the agenda here for 2018? What are you trying to get done?

A: For me personally, I have to get certain pieces of legislation through the Congress. My particular passion is in the area of workforce development. It’s meeting the skills gap and basically providing people with career technical education. There are 6.7 million unfilled jobs in the economy because employers can’t locate the skills or experience necessary to fill them. Meanwhile, two-thirds of Americans do not have a four-year college degree and those numbers aren’t changing anytime soon. So the challenge is to equip these people with the skills to take these jobs. And if we can do that, then we will jumpstart our economy to new heights we haven’t seen before. And that is my legislation in this House that’s working on this particular challenge. It’s passed the House. It’s in the Senate, hoping to get it through. HR 2353 for people who are keeping score at home — The Thompson-Krishnamoorthi bill. It’s a modernized Perkins career technical education. It’s the longest titled bill in Congress!

Q: And bipartisan?

A: Yes, bipartisan. The Thompson is Republican Glenn Thompson and of course, there’s me.

Q: Do you think you’ll get over the hump?

A: I think we’re getting closer, definitely.

Watch all of the interviews from the Impact Summit on The Public Interest with Ravi Kapur, Sunday at 9 am & 5 pm local time, exclusively on Diya TV.

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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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