Venezuela releases 7 jailed Americans; U.S. frees 2 prisoners
CBSN
Venezuela on Saturday freed seven Americans imprisoned in the South American country in exchange for the release of two nephews of President Nicholas Maduro's wife who had been jailed for years by the United States on drug smuggling convictions, a senior U.S. official said.
The swap of the Americans, including five oil executives held for nearly five years, is the largest trade of detained citizens ever carried out by the Biden administration.
"We are relieved and gratified to be welcoming back to their families today seven Americans who had been wrongfully detained for too long in Venezuela," said Joshua Geltzer, the deputy homeland security adviser.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.