Controversial Maharlika bill heads to Malacañang

MANILA — Both chambers of Congress have approved the bill creating the Maharlika Investment Fund, a proposal that has raised concerns that pension funds and other government money will be put at risk.

The STAR reported that the House of Representatives adopted the Senate’s version of the bill, which had initially included the Social Security Service and Government Service Insurance System

Dateline Usa

NYC’s Fil Am Deputy Mayor assumes expanded role

Maria Torres Springer is the city’s new Deputy Mayor for Housing, Economic Development, and Workforce

THROUGHOUT her career in public service, Deputy Mayor Torres-Springer has shown clearly that she is ready to take bold action to tackle the city’s affordable housing crisis. I’m proud to announce her expanded role as Deputy Mayor for Housing, Economic Development, and Workforce.”

With that statement, Mayor Eric Adams made an important announcement on Tuesday, May 30 regarding the appointment of Deputy Mayor Maria Torres Springer to an enhanced position.

In her newly expanded role, Deputy Mayor Torres-Springer will be responsible for overseeing housing, economic development, and workforce matters.

New cultural landmark rises in LA’s Historic Filipinotown

LOS ANGELES – A longstanding nonprofit serving the Filipino community will inaugurate its new offices, meeting rooms, community kitchen, and event space with a grand opening Friday, June 9, from 3-7 p.m.

Since 1972, Search To Involve Pilipino Americans (SIPA) has been providing programs for youth and families including mental health education, counseling, youth programs, small business support, cultural enrichment, and affordable housing in Historic Filipinotown.

as a source of funding.

This provision was voted off during a marathon session at the Senate that ran into early Wednesday, May 31.

With the House’s adoption of its version of the bill, there was no need for the Senate to do anything more—it approved the proposal on third and final reading in the wee hours of Wednesday—Senate President Juan Miguel

Zubiri said.

The bill will now be sent to Malacañang for President Ferdinand “Bongbong” Marcos Jr.’s signature.

While the president has the power to veto bills, that is unlikely for Maharlika, which he has certified urgent in both chambers of Congress, which promptly passed the measures.

Marcos who has been promoting the proposed