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'Got to Move' Social Security Retirement Age with Grandfather Clause
On Wednesday's broadcast of NewsNation's "The Hill," Rep. Richard McCormick (R-GA) stated that there need to be some reforms to Social Security and one | Clips Read More
Musk's legal fight over $56 billion payday from Tesla enters final stage
Tesla is now incorporated in Texas, where it is far more difficult for a shareholder to challenge board decisions. Tesla's board last month proposed a compensation plan, highlighting confidence in Musk's The five justices on Delaware's high court will consider the appeal of the pay ruling as well as the $345 million legal fee that McCormick ordered Tesla to pay to the attorneys for Richard Tornetta, who held just nine Tesla shares when he sued to block the pay deal. Read More
Tesla to give Elon Musk $29 billion in stock to keep him as CEO
At the start of 2024, Delaware Court Judge Kathaleen St. J. McCormick voided Musk's 2018 $50 billion compensation package. Shareholder Richard Tornetta had filed a lawsuit at... Read More
Social Security Cuts Needed, GOP Rep. Says: 'Have to Have the Stomach'
Representative Richard McCormick's comments are at odds with promises made by President-elect Donald Trump. Read More
'Chomping at the bit': Analyst claims Republican just showed rush to slash Social Security
Republicans are already revealing their eagerness to cut earned benefits for millions of Americans, if one House Republican is to be believed.In a recent interview with Fox Business host Maria Bartiromo, Rep. Richard McCormick (R-GA) said that he aims to convince his fellow lawmakers that "hard deci... Read More
'Have the stomach': Republican claims Dems need to back Social Security and Medicare cuts
Rep. Richard McCormick (R-GA) told Fox Business that Republicans will desperately need help from Democrats if they intend to cut Social Security and Medicare — both of which are programs Democrats have historically supported.President-elect Donald Trump has said he intends to extend, and possibly ex... Read More
Elon Musk shifts SpaceX's state of incorporation from Delaware to Texas following legal spat over $56 billion Tesla pay
Musk's reputation for holding a grudge was evident after Delaware Judge Kathaleen St. J. McCormick in January agreed with Tesla shareholder Richard Tornetta's lawsuit that claimed Tesla... Read More
Elon Musk will move Tesla's incorporation to Texas following $55 billion ruling, tops overrated CEO poll
Delaware Judge Kathaleen St J McCormick this week agreed with Tesla shareholder Richard Tornetta's lawsuit that claimed Tesla breached its fiduciary duty by unjustly enriching its CEO... Read More