Powerful Second Amendment advocacy group the National Rifle Association (NRA) filed for Chapter 11 bankruptcy Jan. 15, but stressed it was in its “strongest financial condition in years.”
The NRA, which reported in court Wednesday net assets of $50 million suggesting financial strength, said it seeks to use bankruptcy to move from New York to Texas and to “streamline” certain legal and business affairs, but gave little further explanation.
“The NRA is pursuing reincorporating in a state that values the contributions of the NRA,” NRA CEO and Executive Vice President Wayne LaPierre said in a statement.
The National Rifle Association took the drastic step of filing Chapter 11 bankruptcy, seeking to move to Texas as it faces ongoing litigation that could lead to the complete dissolution of the organization.
President Joe Biden signs an executive order in the State Dining Room of the White House Jan. 21, 2021, in Washington, D.C. (Photo: Alex Wong/Getty Images)
Nick Loris, an economist with The Heritage Foundation, spoke with The Daily Caller News Foundation’s Samantha Renck about President Joe Biden’s executive orders on energy and the environment, what impact they might have, and more.
“The Paris climate accord was kind of doomed from the start” Loris, who published the report “Assessing Themes in the Biden Energy and Environment Platform,” said. “It would impose huge costs on American families and consumers and businesses in terms of higher energy prices and really be devoid of any meaningful climate benefit.”
Gutfeld discusses President Biden s day one policies
Conservatives ripped The New York Times for describing President Biden as perhaps the most religiously observant commander in chief in half a century in a story published Saturday.
Pundits were quick to point out former presidents George W. Bush and Jimmy Carter for their outspoken faith. George W Bush said Jesus Christ was his favorite philosopher and credited Billy Graham with changing his life. Jimmy Carter taught Sunday School. Cmon, pastor and author Daniel Darling wrote on Twitter. I think it is fair to say that Biden is sincere in a version of liberal Christianity, but the most religiously observant in a half century? Not even the most religiously observant liberal in that stretch (Carter), the Washington Examiner s Jim Antle wrote on Twitter.
A Native American tribe in Utah says a Biden administration order block permits to drill for oil and gas on federal lands is a "direct attack" on its economy.
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Over 1,600 protesters across the country were arrested on Saturday, according to an international pro-democracy organization, after thousands gathered to support Alexei Navalny, one of the Kremlin’s most notable critics.
Police had arrested over 500 protesters in Moscow and 212 in St. Petersburg, independent non-governmental organization OVD Info said, the BBC reported. Ninety-two people were arrested in Novosibirsk, a Siberian city where protests occurred in sub-zero temperatures, and 35 were arrested in Vladivostok, a Russian city about 100 miles from North Korea.
Protesters gathered in Russian cities Saturday to demand Navalny’s release from jail. Navalny has led sweeping anti-corruption campaigns across Russia and has amassed an enormous support network despite strict censorship from state media. Protesters gathered to demand Navalny’s release, according to the Associated Press.