new york state

New York News
7:45 am
Wed November 20, 2013

NY To Receive $1B In JPMorgan Settlement

Credit Jonas Smith/flickr

New York State is set to receive $1 Billion after JPMorgan Chase & Co. agreed to pay $13 billion dollars in a landmark settlement for activities that prosecutors say were "symptomatic of the recklessness on Wall Street."

JPMorgan was among the major banks that sold mortgage-backed securities that plunged in value when the housing market collapsed in 2006 and 2007. Those losses triggered a financial crisis that pushed the economy into the worst recession since the 1930's.

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New York News
6:20 am
Tue October 29, 2013

More Federal Sandy Aid Coming To NY, NYC

Credit wikipedia commons

A second round of federal Sandy recovery aid is coming to New York City and New York state.

Housing and Urban Development Secretary Shaun Donovan announced the funding on Monday.

Today is the anniversary of the superstorm.

Donovan said New York state will be getting nearly $2.1 billion. New York City will get over $1.3 billion in Community Development Block Grants.

That's in addition to federal money that was allocated earlier this year.

Donovan was joined by Mayor Michael Bloomberg, Sen. Charles Schumer, and Reps. Nydia Velazquez and Jerrold Nadler.

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New York News
7:19 am
Mon October 28, 2013

NY Extends Comment Time For Liquefied Natural Gas

Credit Tim Hurst / Flickr

Officials in New York state are giving the public another month to weigh in on a proposal to allow new liquefied natural gas facilities in the state for the first time in 40 years.

The comment period on the proposed regulations had been slated to end on Nov. 4, but it's been extended until Dec. 4.

A public hearing on the regulations is scheduled for Wednesday in Albany.

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New York News
8:01 am
Wed October 16, 2013

Top US Court Rejects Onondaga Claim Against NY

George F/Flickr

The U.S. Supreme Court has rejected the Onondaga Indian Nation's petition to review the dismissal of its long-running lawsuit claiming a massive swath of land running down the middle of New York state.

The Nation had argued the 4,000 square miles in 11 counties was illegally taken by the state through a series of bogus treaties. The lawsuit also named the city of Syracuse and a number of local companies as defendants.

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New York News
3:36 pm
Mon September 30, 2013

Opposition To Gambling Amendment Heats Up

Credit commons.wikimedia.org

Another anti-gambling group has released a study debunking New York Governor Andrew Cuomo’s and the legislature’s claims about the benefits of permitting more casino gambling in the state.

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New York News
12:04 pm
Wed May 22, 2013

Tim Kremer, New York State School Boards Association - NY School Budget Votes

More than 95 percent of the school budgets that went before the voters in New York on Tuesday were approved but, those that exceeded the two percent property tax cap did not fare as well. Only about 30 percent of those spending plans were approved. 

The executive director of the New York State School Boards Association, Tim Kremer, tells WAMC's Brian Shields the initial results show 630 school districts budgets were approved with 30 rejected.

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New York News
12:00 pm
Sat March 16, 2013

New York State Senator Jose Peralta - THE DREAM Act and the New York State budget

New York State Senator Jose Peralta

As New York State budget talks reach their final days, and perhaps even hours,  a group of Hispanic lawmakers is pushing for the inclusion of the Dream Act in the budget, It would offer college aid to children of undocumented immigrants who were born in the country.

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New York News
12:26 pm
Thu March 7, 2013

New York State Assemblyman Richard Gottfried - Bringing single-payer health care to New York

New York State Assemblymember Richard Gottfried

In Albany today, state legislators, patient advocates, labor leaders, and health care professionals unveiled a new proposal for government funded, universal, single-payer statewide health insurance.

WAMC’s Patrick Donges spoke today with New York Assemblyman Richard Gottfried, Democrat of Manhattan’s 75th district, sponsor of the bill and chair of the Assembly Health Committee.

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New York News
5:30 pm
Wed February 6, 2013

Flood buyouts for 646 upstate New York properties

Flooding in Schenectady, New York due to the aftermath of Hurricane Irene - August 29, 2011.
Credit Flickr / Doug Kerr

ALBANY, N.Y. (AP) — With New York officials now proposing to spend $400 million to buy and demolish downstate homes damaged by October's Superstorm Sandy, they say 646 buyout applications have been federally approved for $55 million in a buyout program for upstate properties damaged in 2011 by the back-to-back storms Irene and Lee.

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Vox Pop
4:00 pm
Wed January 9, 2013

Vox Pop - SPECIAL EXTENDED EDITION - 2013 New York State of the State Address : 1/9/13

2012 was, by most accounts, a year of challenges for New York, not the least of which was the devastation of Hurricane Sandy as she tore up the Eastern seaboard.

In state politics, the assembly remains firmly Democratic, while this year will usher in a new era of governance in the senate by a controlling coalition of Republicans and the five-member Independent Democratic Conference, the effectiveness of which has yet to be seen.

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