More than 50 displaced after Raymond apartment building fire

Two people were injured and dozens displaced in a Monday morning fire in a three-story apartment building in Raymond.

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  • Rep. Dan Crenshaw Decided Pandemic Was Perfect Time to Buy and Not Disclose Stocks

    Tom Williams/GettyRep. Dan Crenshaw (R-TX) did not buy or sell any stocks in his first 13 months as a congressman. That changed in March 2020, when he made half a dozen buys as the largest economic relief package in history was written and debated.Five of those purchases came in the three days between March 25 and 27, as the Senate and House voted on the CARES Act and former President Trump signed it into law. Crenshaw, who supported the bill, did not initially disclose the transactions, in violation of the STOCK Act, a law that requires members of Congress to tell the public when they engage in securities trades. Months later he amended his records to reflect the purchases.The trades, which are listed only in a range of values, add up to a maximum of $120,000, and do not compare in size or volume to the kinds of headline-grabbing transactions executed ahead of the pandemic by Sens. Kelly Loeffler and David Perdue. They only appeared in December, when Crenshaw amended his annual report, originally submitted in August.“You’re referencing financial disclosures that use a range to report stock purchases, and you’re choosing the upper end of the range to come up with that $120,000 figure,” Justin Discigil, Crenshaw’s communications director, told the Daily Beast in an email. “The real number is around $30,000 at most,” Discigil said, and “in no way were his purchases unethical or related to official business.”The timing, however, along with Crenshaw’s own trading history and connections to the industry, raises questions about why he made the purchases and failed, twice, to disclose them.“Members of Congress should not be actively trading securities in the middle of a crisis. It shows that when the market crashes, that person is thinking about themselves and using the volatility to their own advantage,” said Ben Edwards, a securities law expert and professor at the William S. Boyd School of Law at the University of Las Vegas Nevada. “We all have a limited amount of attention, and if you’ve got [an] eye on your stock portfolio, then you’re not giving that crisis or the American people the full attention they demand.”Crenshaw, elected in 2018, had never traded individual stocks in office until that crisis struck, according to public records. Then, when global markets crashed on March 12, Crenshaw bought between $1,001 and $15,000 in Amazon. Two weeks later, while Congress voted on the CARES Act, Crenshaw bought stocks valued at the same price range in Southwest, Boeing, energy infrastructure manfacturer SPX, and Kinder Morgan, a Texas-based company specializing in pipeline construction. He also bought into an index fund tied to the performance of the S&P 500.While it’s unclear why Crenshaw did not initially disclose the transactions, they came as an increasing number of high-profile lawmakers were getting snared in an insider-trading scandal. Except for the Amazon purchase, all of Crenshaw’s transactions came a week after ProPublica reported that Sen. Richard Burr (R-NC) had sold up to $1.72 million on the heels of private coronavirus briefings. On March 20, The Daily Beast reported that Loeffler and her husband had sold off seven figures worth of stock following her first confidential briefings on the pandemic. Scrutiny soon fell on trades executed by Sens. David Perdue (R-GA), Jim Inhofe (R-OK), Dianne Feinstein (D-CA) and John Hoeven (R-ND), spurring investigations by the Justice Department, the Senate Ethics Committee and the Securities and Exchange Commission. None of the lawmakers faced criminal charges. Perdue and Loeffler lost their re-election bids to Democratic challengers Jon Ossoff and Rev. Raphael Warnock in runoff elections this January.In response to the scandal, the Campaign Legal Center analyzed all congressional stock trades made between Feb. 2 and April 8, finding that a dozen senators made a combined 127 transactions in the timeframe, and 37 House members made at least 1,358 transactions.Texas Rep. Dan Crenshaw Dunks on Newly Elected QAnon Queen, Marjorie Taylor Greene Crenshaw’s name did not make it into those media reports, however, because he hadn’t disclosed his purchases. The STOCK Act, a 2012 law intended to deter federal elected officials from trading on inside knowledge, requires congress to post all transactions within 45 days. Not only did Crenshaw fail to disclose the transactions at the time, he didn’t include them in his annual disclosure, filed in August. And while that filing shows that Crenshaw holds the new assets, the form also requires members to list the transactions, including the dates, which Crenshaw left blank. They only appeared when the Lone Star Republican filed an amended annual report in December.Crenshaw’s spokesperson told The Daily Beast that the Harvard alum and former Navy SEAL had filed that amendment “to fix clerical issues in his report like making sure dates were correct.”At the time of the transactions, congress was scrambling to put together the CARES Act, a monumental emergency relief package that cost more than $2 trillion, and which Crenshaw supported. The Republican-led Senate approved the bill on March 25, the day Crenshaw bought stock in SPX and the S&P 500 fund. The package passed the House the next day, when Crenshaw scooped up Southwest and Kinder Morgan, and was signed into law by Trump on March 27, the day that Crenshaw acquired his stake Boeing.At the time, Crenshaw sat on the House committees for Budget and Homeland Security. Boeing in particular lobbied heavily, and successfully, for a piece of the CARES Act, asking at first for $60 billion and later hoping to receive a $17 billion slice that lawmakers set aside for “businesses critical to maintaining national security.” The nonpartisan Institute on Tax and Economic Policy said at the time that it was “generally understood that the bill’s authors want much, if not all, of this $17 billion to go to a single company: Boeing.” But in late April, the manufacturer passed on the deal, opting instead to raise $25 billion in private investment thanks to moves that the Federal Reserve made independently of the CARES Act. The day that Crenshaw bought Boeing, markets snapped their brief positive burst, and the company led the boards that day in losses. His investment has now grown more than 38%. Boeing’s employee PAC gave $3,000 to Crenshaw’s 2020 campaign.All of Crenshaw’s purchases have shown returns, with the biggest yields from Boeing, Amazon and Southwest Airlines. Amazon bounced up from about $1,820 a share on March 12 to $2,979 today, and Southwest Airlines rose from around $41 to a little over $60.“It’s not hard to see that airlines would be among the hardest-hit stocks in a global pandemic that restricted air travel,” Edwards said. “So the short-term is that they’re going to get hammered, but in the long term, the sky is going to be busy again.” That calculation includes the likelihood that the federal government would pitch in to keep the industry aloft, and in mid-April the airlines got their $25 billion bailout.Edwards said that while the limited available information makes it impossible to know why Crenshaw and other officials make specific trades, new reforms introduced in response to the trading scandal would make such transactions impossible.“Some of the proposals for limiting stock purchases would really cut back on activity like this. For instance, Senator Warren’s plan would prohibit buying and selling individual stocks, and just allowing members to track markets through index funds,” he said. “Another proposal is to require lawmakers to disclose their trading plans in advance, which executives of publicly traded companies already do. That would reduce the likelihood or suspicion that they’re using private information or their own legislative powers to their advantage.”Kedric Payne, senior director of ethics at the Campaign Legal Center, told The Daily Beast in November that lawmakers in the public’s trust shouldn’t risk even the appearance of having a personal financial stake in their government work."It is nearly impossible to make decisions affecting an industry and then receive a personal financial benefit without appearing to have a conflict of interest," Payne said. "Even if officials rely on financial advisors to make trading decisions on their behalf, the perception of conflicts of interest remains, because the public does not know if there are winks and nods prompting the trades."Last week, Business Insider reported that Rep. Tom Malinowski (D-NJ), an advocate for transparency, had failed to disclose dozens of stock transactions over the course of 2020. Malinowski, who like Perdue — but unlike Crenshaw — claims that a third-party financial adviser independently executes his trades, said that his time in the barrell sharpened his appetite for reform.“This does reinforce my view that members of Congress should not be invested in the stock market or, if they are, they should not have any visibility into the stocks they own,” Malinowski later told NJ.com. “Inevitably, even if the decisions are made by an investment firm with no input from the member of Congress, there can be this perception of influence because what we do in Congress affects every aspect of the economy.”Crenshaw doesn’t own many individual stocks, currently. Beyond the trades in March, he only holds shares in Starbucks, Alphabet — Google’s parent company — and a small stake in Schlumberger, a global oilfield services provider primarily based in Europe, with a branch in Houston. The energy-dependent metropolis also hosts Kinder Morgan, but the offices of both companies are located just outside the lines of Crenshaw’s gerrymandered district.The trades intersect with Crenshaw’s government work, specifically in energy. The oil and gas industry contributed a total $453,247 to his 2020 re-election efforts, and was his largest industry patron in terms of PAC donations. And while this may not have posed a direct conflict of interest last year, that may no longer be the case: On Jan. 21, House Republican leadership took Crenshaw off of his Homeland Security and Budget committee assignments and moved him to the Committee on Energy and Commerce.Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

  • Myanmar coup: The shadowy business empire funding the Tatmadaw

    Advocacy groups are calling for sanctions against the military's secretive business interests.

  • Prince Harry said Meghan Markle was treated differently by the royals after the 2018 Australia tour

    Meghan Markle's performance on the Australia trip "brought back memories" for Harry of Princess Diana's 1983 tour, featured in "The Crown" season 4.

  • Leather bags are $125 or less right now at Coach Outlet

    Head to Coach Outlet to shop leather handbags and designer purses at $125 or less—see the details.

  • Oprah's interview with Prince Harry and Meghan Markle didn't just expose the royal family - it also revealed just how the broken US healthcare system is

    British people were shocked by how many pharmaceutical ads ran during Oprah's interview with Meghan Markle, exposing how dire things are in the US.

  • No appetite in New Zealand to review constitutional link to royal family, PM Ardern says

    New Zealand is unlikely to stop having Queen Elizabeth as its head of state anytime soon, Prime Minister Jacinda Ardern said, in comments following Oprah Winfrey's interview with Prince Harry and Meghan. Ardern was asked by a reporter if the interview, and the picture painted of the royal family, had given her pause around New Zealand's constitutional ties with the royals. A former British colony, New Zealand retains Queen Elizabeth as its constitutional monarch and head of state.

  • Megyn Kelly says Meghan Markle always claims to be a 'victim' after bombshell Oprah interview: 'Give me a break'

    "Everyone victimizes Meghan! Everyone! The palace! The press!" the former Fox News host, who was fired for making racist statements, said.

  • A new lab study shows troubling signs that Pfizer's and Moderna's COVID-19 shots could be far less effective against the variant first found in South Africa

    A mutation called E484K appeared to help the variant, first found in South Africa, to evade antibodies produced by the vaccines, the authors said.

  • UK's Johnson steers clear of royal racism row after Meghan interview

    Prime Minister Boris Johnson avoided wading into the clash of British royals on Monday, praising the queen but sidestepping questions about racism and insensitivity at the palace after an interview by Prince Harry and his wife Meghan. The former Hollywood actress, whose mother is Black and father is white, accused the royal family of pushing her to the brink of suicide. In a tell-all television interview, she said someone in the royal household had raised questions about the colour of her son's skin.

  • Officer says he arrested reporter after pepper spray blasts

    A police officer testified Monday that he arrested a journalist at an unruly Black Lives Matter protest last year in Iowa after she did not leave when he repeatedly shot clouds of pepper spray to disperse the crowd. Des Moines Officer Luke Wilson said he wasn’t aware Andrea Sahouri was a Des Moines Register reporter when he responded to a chaotic scene where protesters were breaking store windows and throwing rocks and water bottles at police outside Merle Hay mall on May 31. Wilson said he sprayed the chemical irritant from a device known as a fogger to clear a commercial parking lot and that it worked in scattering the rest of the group, including Sahouri’s then-boyfriend Spenser Robnett.

  • Prince Harry, Meghan interview brings bumper U.S. TV audience

    CBS said Sunday's two-hour interview, in which Harry and Meghan accused the royal family of racism and of failing to protect them from negative media coverage, drew the biggest audience for any entertainment special since the Oscars telecast in February 2020, which was watched by 23.6 million viewers. The National Football League's Super Bowl regularly draws an audience of around 100 million and is the highest-rated TV event in the United States. Sunday's interview was the first given by the couple since they stepped back from the British royal family a year ago.

  • QAnon Shaman's '60 Minutes' interview backfired. Judge cites interview when ruling he must remain jailed until trial.

    Jacob Chansley's perception of his actions on January 6 show a "detachment from reality," a federal judge argued in new court documents.

  • 11 details you may have missed on Sunday's 'The Walking Dead'

    A few references were made to the season four finale on Sunday's episode of "TWD." Carol may have received an important memento from Daryl.

  • Biden nominates female generals who were passed over by the Pentagon because they feared Trump's reaction

    Pentagon officials believed former President Donald Trump would oppose the promotion of female generals, report says.

  • Thailand's newest economical engine: cannabis

    Thailand's cannabis industry could be worth $682 million by 2024Source: Prohibition PartnersLocation: Buriram, ThailandThe government hosted the "Cannabis 360°" exhibitionaimed to promote the plant as a new economic engine for the countryCannabis-flavored ice cream anyone?(SOUNDBITE) (Thai) OWNER OF "NOP ROSDETDEE" NOODLE FRANCHISE, SITTHICHAN WUTTHIPHONKUN, SAYING:"It is already in the Thai people's mindset that delicious beef noodle soup should be enhanced with cannabis. Now we can do that legally. And it now gives everyone the chance to discover the aroma and delicious taste of the soup in our noodles. This product will not only boost our business, but it will drive our entire economy. It (cannabis) motivates people to consume. At the moment (at this exhibition), it is everywhere. Cannabis can be a present in lots of things - from food to cosmetics."Thailand was the first Southeast Asian nationto legalize marijuana for medical use and research in 2017Certain parts of the plant were removed from the narcotics list in December 2020

  • Hungary closes stores, schools to curb surge due to variants

    Hungarians on Monday awoke to a new round of strict lockdown measures aimed at slowing a record-breaking wave of COVID-19 hospitalizations and deaths that are among the worst in the world. A rapid rise in pandemic indicators since early February prompted Hungary's government to announce the new restrictions, including closing most stores for two weeks and kindergartens and primary schools until April 7. Grocery stores, pharmacies, gas stations and tobacconists can stay open.

  • Meghan Markle says she was told she couldn't get help despite having suicidal thoughts, but royals have seen therapists before

    Prince Harry and Princess Diana both opened up about getting mental health treatment in the past, and Prince William has supported the cause.

  • The Queen emerges unscathed as Meghan and Harry lavish praise on his grandmother

    The Duke and Duchess of Sussex unloaded on Prince Charles, The Duchess of Cambridge, and the tabloid press in their extraordinary tell-all with Oprah Winfrey. But despite the numerous allegations levelled at named and unnamed members of the Royal family, The Queen emerged unscathed, and instead received glowing praise from the couple. Meghan described how "everyone" welcomed her to the royal set-up initially, but singled out the Queen as making her particularly comfortable. In another sign of their positive relationship, the Duchess said: “I just pick up the phone and I call the Queen - just to check-in. Meghan said the Queen has "always been wonderful" to her and that she reminded the Duchess of her own grandmother. "She’s always been warm and inviting," the Duchess added. The Duchess shared a touching anecdote on how her future husband’s grandmother gave her "some beautiful pearl earrings and a matching necklace" for the couple's first joint engagement together, and that the monarch also shared her blanket while travelling together between visits. The pair attended a ceremony for the opening of the new Mersey Gateway Bridge, in Widnes, Cheshire in June 2018 and travelled north on the Royal train.

  • Harry and Meghan accuse British royal family of racism

    Prince Harry and Meghan Markle delivered a devastating indictment of the U.K. royal family in their conversation with Oprah Winfrey: Both said unnamed relatives had expressed concern about what the skin tone of their baby would be. And they accused "the firm" of character assassination and "perpetuating falsehoods." Why it matters: An institution that thrives on myth now faces harsh reality. The explosive two-hour interview gave an unprecedented, unsparing window into the monarchy: Harry said his father and brother "are trapped," and Markle revealed that the the misery of being a working royal drove her to thoughts of suicide. Get market news worthy of your time with Axios Markets. Subscribe for free.What they're saying: The Times of London summed up the global reaction with the headline, "Revelations worse than Palace could have feared."Details: The couple revealed they're expecting a girl this summer. Both said that before their son, Archie, was born, Harry was asked in family conversations about, as paraphrased by Winfrey, "how dark your baby is going to be."Harry said: "At the time it was awkward and I was a bit shocked." He refused to give details: "That conversation, I am never going to share."In describing the treatment of Markle, whose mother is African American, Harry said: "[O]ne of the most telling parts — and the saddest parts, I guess, was: Over 70 members of Parliament ... called out the colonial undertones of articles and headlines written about Meghan. Yet no one from my family ever said anything over those three years. ... That hurts."Both denied that their lucrative media deals had been planned. "Netflix and Spotify were never part of the plan," Harry said. "My family cut me off financially and I had to do this to afford security. ... [D]uring COVID, the suggestion by a friend was: What about streamers?"Markle added: "We genuinely hadn't thought about it."Harry said his family's lack of support was partly driven by "how scared they are of the tabloids turning on them."The prince spoke of what he said is described as "behind closed doors" as "the invisible contract" between the family and U.K. tabloids — press access in exchange for better coverage.The bottom line: Harry, spilling ancient family secrets, said that there's "a level of control by fear that has existed for generations."The National Suicide Prevention Lifeline (1-800-273-8255) provides 24/7, free and confidential support for anyone in distress, in addition to prevention and crisis resources. Also available for online chat.Like this article? Get more from Axios and subscribe to Axios Markets for free.

  • Princess Diana's chief of staff says Prince Harry and Meghan Markle's royal rift echoes the past - and responsibility for reconciliation lies with 'senior palace management'

    Ahead of bombshell Oprah interview, Patrick Jephson told CNN that previous tell-all interviews with the royal family "in all cases" has "backfired."