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Social Security Newsletter for 2025-03-28 ( 43 items )  
American Action Forum: CBO Projects an August or September 'X-Date' (10)
WASHINGTON, March 28 -- The American Action Forum issued the following commentary on March 27, 2025: * * * CBO Projects an August or September "X-date" By Jordan Haring Executive Summary * On January 21, 2025, the U.S. Department of the Treasury began employing financial maneuvers known as extraordinary measures to temporarily keep the federal government from hitting its $36.1 trillion debt ceiling. * A new report from the Congressional Budget Office estimates that the extraordinary measur more PR

American Action Forum: Highlights of CBO's March 2025 Long-term Budget Outlook (10)
WASHINGTON, March 28 -- The American Action Forum issued the following commentary on March 27, 2025: * * * Highlights of CBO's March 2025 Long-term Budget Outlook By Jordan Haring Executive Summary * The Congressional Budget Office has released its March 2025 Long-term Budget Outlook that projects federal debt held by the public will rise from 100 percent of gross domestic product (GDP) at the end of fiscal year (FY) 2025 to 156 percent of GDP by the end of 2055 under current law; meanwhil more PR

As Elon Musk's DOGE Targets Social Security, Baldwin Calls on Trump Admin to Reverse Decision That Makes Accessing Benefits More Difficult (10)
WASHINGTON, March 27 -- Sen. Tammy Baldwin, D-Wisconsin, issued the following news release: * * * As Elon Musk's DOGE Targets Social Security, Baldwin Calls on Trump Admin to Reverse Decision That Makes Accessing Benefits More Difficult WASHINGTON, D.C. - U.S. Senator Tammy Baldwin (D-WI) is demanding that the Trump Administration reverse its plan that will make it harder for Americans to get their Social Security benefits. The Trump Administration plans to take away over-the-phone services a more PR

Attorney General Tong Vows to Fight Unlawful Cancelation of More Than $12 Billion in Federal Public Health Funds to States (10)
HARTFORD, Connecticut, March 27 -- Connecticut Attorney General William Tong issued the following news release: * * * Attorney General Tong Vows to Fight Unlawful Cancelation of More Than $12 Billion in Federal Public Health Funds to States (Hartford, CT) - Attorney General William Tong released the following statement vowing to fight more than $12 billion in unlawfully canceled public health funding to states, including more than $150 million to Connecticut alone. "This is a reckless escal more PR

Boyle Statement on CBO Long-Term Budget Outlook (10)
WASHINGTON, March 28 -- Rep. Brendan Boyle, D-Pennsylvania, ranking member of the House Budget Committee, issued the following news release on March 27, 2025: * * * Boyle Statement on CBO Long-Term Budget Outlook WASHINGTON, DC - Congressman Brendan F. Boyle (PA-02), Ranking Member of the House Budget Committee, issued the following statement on the Congressional Budget Office's (CBO) Long-Term Budget Outlook: 2025 to 2055, a report detailing budget and economic projections for the next 30 ye more PR

Brazilian National Pleads Guilty to Passport Fraud and Other Offenses (10)
BOSTON, Massachusetts, March 27 -- The office of the U.S. Attorney for the District of Massachusetts issued the following news release: * * * Brazilian National Pleads Guilty to Passport Fraud and Other Offenses BOSTON - A Dominican National, residing in Leominster, pleaded guilty yesterday in federal court in Boston to charges related to passport fraud and other offenses. Hector Eduardo Arias Mejia, 44, pleaded guilty to aggravated identity theft and making a false statement in an applicati more PR

CBO: Debt Will Rise to 156% of the Economy in 30 Years (10)
WASHINGTON, March 27 [Category: Government/Public Administration] -- The Committee for a Responsible Federal Budget posted the following news release: * * * CBO: Debt Will Rise to 156% of the Economy in 30 Years The Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook today, showing that under current law, debt will rise from 100 percent of Gross Domestic Product (GDP) at the end of this fiscal year to 156 percent of GDP by 2055. Interest as a share of GDP will incre more PR

Census Bureau Issues Working Paper Entitled 'Assessing Prevalence & Characteristics of Those Who Never Migrate Across State Lines Using Linked Federal Tax Microdata' (10)
WASHINGTON, March 27 -- The U.S. Census Bureau issued the following working paper (No. CES-25-19) entitled "Geographic Immobility in the U.S.: Assessing the Prevalence and Characteristics of Those Who Never Migrate Across State Lines Using Linked Federal Tax Microdata." The paper was written by Mark Ellis, Lee Fiorio and Thomas B. Foster: * * * INTRODUCTION The migration rate, the fraction of the population who move in a time interval, typically one or five years, is the standard measure of  more PR

Congressional Budget Office: 'Federal Debt & Statutory Limit, March 2025' (10)
WASHINGTON, March 27 (TNSrep) -- The Congressional Budget Office issued the following report on March 26, 2025, entitled "Federal Debt and the Statutory Limit, March 2025." Here are excerpts: * * * The debt limit - commonly called the debt ceiling - is the maximum amount of debt that the Department of the Treasury can issue to the public or to other federal agencies. The amount is set by law and has been increased or suspended over the years to allow for the additional borrowing needed to fin more PR

Durbin Slams Trump Administration's Cuts To Social Security Administration As Trump, Musk Call Beneficiaries "Parasites" (10)
WASHINGTON, March 27 -- Sen. Richard J. Durbin, D-Illinois, issued the following news release: * * * Durbin Slams Trump Administration's Cuts To Social Security Administration As Trump, Musk Call Beneficiaries "Parasites" March 27, 2025 In his remarks, Durbin admonished the Trump Administration for spreading misinformation about fraud within the Social Security Administration WASHINGTON - U.S. Senate Democratic Whip Dick Durbin (D-IL) today delivered a speech on the Senate floor admonishi more PR

Homeland Republicans Ask Secretary Noem for Info on the Biden-Harris Administration's Unlawful Use of Mass Parole for Inadmissible Aliens (10)
WASHINGTON, March 28 -- Rep. Mark Green, R-Tennessee, chairman of the House Homeland Security Committee, issued the following news on March 27, 2025: * * * Homeland Republicans Ask Secretary Noem for Info on the Biden-Harris Administration's Unlawful Use of Mass Parole for Inadmissible Aliens WASHINGTON, D.C. -- This week, House Committee on Homeland Security Chairman Mark E. Green, MD (R-TN), Subcommittee on Oversight, Investigations, and Accountability Chairman Josh Brecheen (R-OK), and Sub more PR

Hoyer Remarks at Press Conference on the Introduction of the COST of Relocations Act (10)
WASHINGTON, March 27 -- Rep. Steny H. Hoyer, D-Maryland, issued the following news release: * * * Hoyer Remarks at Press Conference on the Introduction of the COST of Relocations Act WASHINGTON, DC - Today, Congressman Steny H. Hoyer (MD-05) delivered remarks at a press conference hosted by Senator Chris Van Hollen (D-MD) and Congressman Suhas Subramanyam (VA-10) to announce the introduction of the Congressional Oversight to Secure Transparency (COST) of Relocations Act. Below is a full trans more PR

In a Victory for Autoworkers, Auto Tariffs Mark the Beginning of the End of NAFTA and the "Free Trade" Disaster (10)
DETROIT, Michigan, March 28 -- The United Automobile Workers issued the following news: * * * In a Victory for Autoworkers, Auto Tariffs Mark the Beginning of the End of NAFTA and the "Free Trade" Disaster This afternoon, the Trump administration announced major tariffs on passenger cars and trucks entering the U.S. market, marking the beginning of the end of a thirty-plus year "free trade" disaster. This is a long-overdue shift away from a harmful economic framework that has devastated the w more PR

Jayapal, DeLauro, Schakowsky, Doggett Lead Effort to Protect Medicare (10)
WASHINGTON, March 27 -- Rep. Pramila Jayapal, D-Washington, issued the following news: * * * Jayapal, DeLauro, Schakowsky, Doggett Lead Effort to Protect Medicare WASHINGTON - U.S. Representatives Pramila Jayapal (WA-07), Rosa DeLauro (CT-03), and Jan Schakowsky (IL-09), and Lloyd Doggett (TX-37) are leading 74 lawmakers in calling on the Centers for Medicare and Medicaid Services (CMS) to enact urgent reforms to Medicare Advantage (MA) plans. As the Trump administration and Elon Musk look fo more PR

Larson Blasts Trump-Musk Dismantling of Services for Seniors and Disabled Americans (10)
WASHINGTON, March 27 -- Rep. John B. Larson, D-Connecticut, issued the following news release: * * * Larson Blasts Trump-Musk Dismantling of Services for Seniors and Disabled Americans Washington, D.C. - Today, Rep. John B. Larson (CT-01) released the following statement blasting the Trump Administration's decision (link is external) to cut the Department of Health and Human Services (HHS) workforce by 25% and dismantle the Administration for Community Living, which manages services for senio more PR

LEADER JEFFRIES: "DONALD TRUMP, THE ADMINISTRATION AND REPUBLICANS ARE TRYING TO DETONATE SOCIAL SECURITY" (10)
WASHINGTON, March 27 (Rep.) -- House Democratic Leader Hakeem Jeffries, D-New York, issued the following news release: * * * LEADER JEFFRIES: "DONALD TRUMP, THE ADMINISTRATION AND REPUBLICANS ARE TRYING TO DETONATE SOCIAL SECURITY" Washington, DC - Today, Democratic Leader Hakeem Jeffries held a press conference where he emphasized that Democrats will continue to protect everyday Americans against the Republican effort to break Social Security. LEADER JEFFRIES: Good afternoon, everyone. Hou more PR

LEADER JEFFRIES: "DONALD TRUMP, THE ADMINISTRATION AND REPUBLICANS ARE TRYING TO DETONATE SOCIAL SECURITY" (10)
WASHINGTON, March 27 -- Rep. Hakeem Jeffries, D-New York, issued the following news release: * * * LEADER JEFFRIES: "DONALD TRUMP, THE ADMINISTRATION AND REPUBLICANS ARE TRYING TO DETONATE SOCIAL SECURITY" Washington, DC - Today, Democratic Leader Hakeem Jeffries held a press conference where he emphasized that Democrats will continue to protect everyday Americans against the Republican effort to break Social Security. LEADER JEFFRIES: Good afternoon, everyone. House Democrats are going to  more PR

Members Demand End to Fraud, Waste, and Abuse by Corporate Medicare Advantage Plans (10)
WASHINGTON, March 27 -- Rep. Lloyd Doggett, D-Texas, issued the following news release: * * * Members Demand End to Fraud, Waste, and Abuse by Corporate Medicare Advantage Plans Contact: Alexis.Torres@mail.house.gov (link is external) Washington, D.C. - Today, U.S. Representative Lloyd Doggett (D-Austin), Ranking Member of the Ways & Means Health Subcommittee, joined by Representatives Pramila Jayapal (WA-07), Rosa DeLauro (CT-03), and Jan Schakowsky (IL-09), led 74 lawmakers in calling on  more PR

Mexican National Indicted for Passport and Visa Fraud After Assuming the Identity of a United States Citizen Over 40 Years Ago (10)
PHOENIX, Arizona, March 27 -- The office of the U.S. Attorney for the District of Arizona issued the following news release: * * * Mexican National Indicted for Passport and Visa Fraud After Assuming the Identity of a United States Citizen Over 40 Years Ago PHOENIX, Ariz. - Enrrique Ricardo Diaz Vazquez, 60, a Mexican national living in Arizona, was indicted by a federal grand jury in Phoenix on Tuesday with Passport and Visa Fraud. According to the criminal complaint in this case, an indivi more PR

New York Man Sentenced To Two Years In Prison For Laundering Proceeds Of Fraudulent Schemes (10)
NEWARK, New Jersey, March 27 -- The office of the U.S. Attorney for the District of New Jersey issued the following news release: * * * New York Man Sentenced To Two Years In Prison For Laundering Proceeds Of Fraudulent Schemes NEWARK, N.J. - A New York man was sentenced to two years in prison for laundering the proceeds of elder fraud and computer fraud schemes, U.S. Attorney John Giordano announced. Hector Claveria 51, of Elmhurst, New York, was sentenced by U.S. District Judge Esther Sala more PR

Overview of Recent Fiscal Spending Projections Topic of Insight White Paper From CRS (10)
WASHINGTON, March 27 -- The Congressional Research Service issued the following Insight white paper (No. IN12535) on March 26, 2025, by economic policy analyst D. Andrew Austin. Here are excerpts: * * * Overview of Recent Fiscal Spending Projections This brief summarizes projections for major components of the federal budget from the January 2025 Congressional Budget Office (CBO) budget outlook and the Biden Administration FY2025 budget submission issued in March 2024. The FY2026 budget subm more PR

Pallone Admonishes Republicans for Wasting Time on Another Anti-Energy Efficiency Resolution That Raises Costs on Businesses and Consumers (10)
WASHINGTON, March 28 -- Rep. Frank Pallone Jr., D-New Jersey, ranking member of the House Energy and Commerce Committee, issued the following news release on March 27, 2025: * * * Pallone Admonishes Republicans for Wasting Time on Another Anti-Energy Efficiency Resolution that Raises Costs on Businesses and Consumers Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) had the following remarks, as prepared for delivery, on the House floor today in opposition to H.J. Res. 24 more PR

Pallone, Democratic Colleagues Successfully Stall Trump's Social Security Phone Cuts (10)
WASHINGTON, March 27 -- Rep. Frank Pallone Jr., D-New Jersey, issued the following news release: * * * Pallone, Democratic Colleagues Successfully Stall Trump's Social Security Phone Cuts Washington, D.C. - Congressman Frank Pallone, Jr. (NJ-06) and his Democratic colleagues have forced the Trump Administration to delay a controversial plan to eliminate phone-based services at the Social Security Administration (SSA) -- a move that would have created massive barriers for millions of Americans more PR

Peters Presses Agency Leaders on DOGE Access to Federal IT Systems and Data Repositories (10)
WASHINGTON, March 28 -- Sen. Gary Peters, D-Michigan, ranking member of the Senate Homeland Security and Governmental Affairs Committee, issued the following news release on March 27, 2025: * * * Peters Presses Agency Leaders on DOGE Access to Federal IT Systems and Data Repositories WASHINGTON, D.C.--U.S. Senator Gary Peters, Ranking Member of the Homeland Security and Governmental Affairs Committee, demanded answers from 24 federal agencies on how the Department of Government Efficiency (DO more PR

Peterson Foundation Statement on CBO Long-Term Budget Outlook (10)
NEW YORK, March 27 -- The Peter G. Peterson Foundation posted the following news release: * * * Peterson Foundation Statement on CBO Long-Term Budget Outlook Michael A. Peterson, CEO of the Peter G. Peterson Foundation, commented today on the release of the Congressional Budget Office's updated Long-Term Budget Outlook : "Today's CBO report shows debt rising rapidly over the next three decades, and serves as a timely warning for this year's tax policy debate. "Over the next 30 years, debt more PR

Phone Policy Postponement Part of Continuing Circus at Social Security Administration (10)
WASHINGTON, March 28 -- The National Committee to Preserve Social Security and Medicare issued the following news release: * * * Phone Policy Postponement Part of Continuing Circus at Social Security Administration "The circus at the Social Security Administration continues under the 'leadership' of acting commissioner Leland Dudek. He announced today that SSA will postpone its new policy ending customers' ability to validate identity for benefit claims over the phone (effectively forcing the more PR

President Trump Issues Executive Order on Exclusions From Federal Labor-Management Relations Programs (10)
WASHINGTON, March 28 -- President Trump issued the following executive order on March 27, 2025: * * * EXCLUSIONS FROM FEDERAL LABOR-MANAGEMENT RELATIONS PROGRAMS By the authority vested in me as President by the Constitution and the laws of the United States of America, including sections 7103(b)(1) of title 5 and 4103(b) of title 22, United States Code, to enhance the national security of the United States, it is hereby ordered: Section 1. Determinations. (a) The agencies and agency subdiv more PR

Reform Remains Essential to Fix Public Sector Finance Crisis, CIPFA Warns (10)
LONDON, England, March 27 -- The Chartered Institute of Public Finance and Accountancy issued the following news release: * * * Reform remains essential to fix public sector finance crisis, CIPFA warns "The Spring Statement acknowledges the reality of the financial pressures facing the government and the difficult times ahead for all parts of the public sector. We need a sustainable, long-term approach to address the role of the public sector and leverage opportunities for it to contribute to more PR

Rep. Clyde Slams Sen. Warnock for Recklessly Spreading Lies About GA SSA Office Closures (10)
WASHINGTON, March 27 -- Rep. Andrew Clyde, R-Georgia, issued the following news release on March 26, 2025: * * * Rep. Clyde Slams Sen. Warnock for Recklessly Spreading Lies About GA SSA Office Closures WASHINGTON, D.C. -- Today, Congressman Andrew Clyde (GA-09) released the following statement after the Department of Government Efficiency (DOGE) confirmed that the Social Security Administration (SSA) is not closing any field sites in Georgia. "Senator Warnock has peddled lies and fearmongere more PR

Rep. Courtney: Don't Touch Social Security (10)
WASHINGTON, March 27 -- Rep. Joe Courtney, D-Connecticut, issued the following statement, which was published in the Congressional Record on March 26, 2025: * * * Mr. Speaker, last year, candidate Trump, President-elect Trump, and now-President Trump repeatedly told the American people that he won't touch Social Security. We are now 2 months into his administration, and we are finding that the opposite is true. A headline yesterday in The Washington Post read: "Long waits, waves of calls, web more PR

Rep. Gabe Vasquez Condemns Attacks on Social Security (10)
WASHINGTON, March 27 -- Rep. Gabriel Vasquez, D-New Mexico, issued the following news release: * * * Rep. Gabe Vasquez Condemns Attacks on Social Security WASHINGTON, D.C. - Today, U.S. Representative Gabe Vasquez (NM-02) condemned the Trump Administration's reckless assault on the Social Security Administration (SSA), warning that mass layoffs and service cuts will devastate seniors and working families across New Mexico and the country, particularly seniors in rural communities. Under Elo more PR

Reps. Lee, Barragan, McClellan, Casten, Lead 100+ Colleagues Demanding EPA Restore Environmental Justice Offices (10)
WASHINGTON, March 27 -- Rep. Summer Lee, D-Pennsylvania, issued the following news release: * * * Reps. Lee, Barragan, McClellan, Casten, Lead 100+ Colleagues Demanding EPA Restore Environmental Justice Offices **For Immediate Release** SummerLeePress@mail.house.gov (Link to Letter) WASHINGTON, D.C. - March 27, 2025 -- Today, Representatives Summer Lee (PA-12), Nanette Barragan (CA-44), Jennifer McClellan (VA-04), and Sean Casten (IL-06) led more than 100 colleagues in sending a letter  more PR

Ricketts: My Tax Cut Bills Are About "Fairness, Common Sense, and Keeping Promises to Seniors and Veterans" (10)
WASHINGTON, March 27 -- Sen. Pete Ricketts, R-Nebraska, issued the following news release: * * * Ricketts: My Tax Cut Bills Are About "Fairness, Common Sense, and Keeping Promises to Seniors and Veterans" WASHINGTON, D.C. - Yesterday, U.S. Senator Pete Ricketts (R-NE), outlined his Social Security Check Tax Cut Act and Tax Cuts for Veterans Act. These two tax cut bills, introduced Tuesday, will help Americans keep more of their own hard-earned money in retirement. He made the following commen more PR

Schakowsky, Jayapal, DeLauro, Doggett Lead Effort to Protect Medicare (10)
WASHINGTON, March 27 -- Rep. Jan Schakowsky, D-Illinois, issued the following news release: * * * Schakowsky, Jayapal, DeLauro, Doggett Lead Effort to Protect Medicare Full Text of Letter (PDF) WASHINGTON - U.S. Representatives Jan Schakowsky (IL-09), Pramila Jayapal (WA-07), Rosa DeLauro (CT-03), and Lloyd Doggett (TX-37) are leading 74 lawmakers in calling on the Centers for Medicare and Medicaid Services (CMS) to enact urgent reforms to Medicare Advantage (MA) plans. As the Trump adminis more PR

Scottish Charity Audit Threshold to Rise From pound sterling500,000 to pound sterling1 (10)
LONDON, England, March 28 -- Civil Society Media posted the following news: * * * Scottish charity audit threshold to rise from pound sterling500,000 to pound sterling1m By Lea Legraien The Scottish Government will raise the audit threshold for charities in the country from pound sterling500,000 to pound sterling1m, it has announced. In a letter from Shirley-Anne Somerville to the Social Justice and Social Security Committee this week, the cabinet secretary for social justice said her gove more PR

Sen. Schumer Issues Comments on Senate Floor About Social Security Administration (10)
WASHINGTON, March 27 -- Sen. Charles E. Schumer, D-New York, issued the following floor remarks on March 26, 2025: * * * Mr. President, on Social Security, yesterday, the Senate Finance Committee heard from Frank Bisignano, who has been nominated by Donald Trump to lead the Social Security Administration. To confirm Mr. Bisignano as the head of Social Security is like hiring an arsonist to run a fire station. His claim to fame is cutting and shrinking the companies he has been a part of. A " more PR

Sen. Schumer Issues Comments on Senate Floor About the Economy (10)
WASHINGTON, March 27 -- Sen. Charles E. Schumer, D-New York, issued the following floor remarks on March 26, 2025: * * * Mr. President, on the economy, yesterday we got another piece of evidence that Donald Trump is failing at the one thing the American people want him to do: keep the economy strong. The Conference Board, one of the most trusted business research organizations, showed consumer confidence has dropped for the fourth straight month. And it didn't just drop; it is now at the lowes more PR

Social Security Administration Releases Public Communication From Community Legal Services (10)
WASHINGTON, March 28 -- The Social Security Administration has released the following public communication dated March 17, 2025, from Community Legal Services, Philadelphia, Pennsylvania: * * * To: Office of Management and Budget Attn: Desk Officer for SSA Social Security Administration Office of External Affairs Attn: Reports Clearance Staff Mail Stop 3253 Altmeyer, 6401 Security Blvd. Baltimore, MD 21235 Re: Docket No. SSA-2024-0056 * * * To Whom It May Concern: This comment is sub more ST

Social Security Nominee Talks a Good Game, But Won't Commit to Stopping Musk & DOGE Disruption at SSA (10)
WASHINGTON, March 26 -- The National Committee to Preserve Social Security and Medicare issued the following remarks on March 25, 2025, by President and CEO Max Richtman: * * * Social Security Nominee Talks a Good Game, but Won't Commit to Stopping Musk & DOGE Disruption at SSA "Social Security Commissioner nominee Frank Bisignano talked a good game at his Senate confirmation hearing today, offering reassurances that he will run the Social Security Administration (SSA) in a way that properly  more PR

Strategy launched to support ILO member states' efforts to extend social protection to migrant workers and refugees (10)
GENEVA, Switzerland, March 27 -- The United Nations International Labour Organization posted the following news: * * * Strategy launched to support ILO member states' efforts to extend social protection to migrant workers and refugees Geneva (LO News) -- Migrant workers and refugees should be included in national and international social protection frameworks, said high-level speakers at a global webinar held by the International Labour Organization (ILO) and the International Social Security more PR

Strickland Hosts Her Largest Telephone-Townhall Ever (10)
WASHINGTON, March 26 -- Rep. Marilyn Strickland, D-Washington, issued the following news release: * * * Strickland Hosts Her Largest Telephone-Townhall Ever Joined by former Social Security Administrator Martin O'Malley, and over 22,000 Constituents Lacey, WA - Yesterday, Congresswoman Marilyn Strickland (WA-10) was joined by special guest, former Social Security Administrator Martin O'Malley, for her most widely-attended telephone-townhall with over 22,000 constituents. "I organized this more PR

White & Case advises Rajhi Invest on sale of 40 percent stake in Berain Water Company to Hassana Investment Company (10)
NEW YORK, March 27 [Category: BizLaw/Legal] -- White and Case, a law firm, issued the following news release: * * * White & Case advises Rajhi Invest on sale of 40 percent stake in Berain Water Company to Hassana Investment Company Global law firm White & Case LLP has advised Mohammed Abdulaziz Al-Rajhi & Sons Investment Company (Rajhi Invest), a prominent Saudi family office, on the sale of a 40 percent stake in Berain Company (Berain) to Hassana Investment Company (HIC). "White & Case adv more PR

White & Case advises Rajhi Invest on sale of 40 percent stake in Berain Water Company to Hassana Investment... (10)
NEW YORK, March 27 [Category: BizLaw/Legal] -- White and Case, a law firm, issued the following news release: * * * White & Case advises Rajhi Invest on sale of 40 percent stake in Berain Water Company to Hassana Investment... Global law firm White & Case LLP has advised Mohammed Abdulaziz Al-Rajhi & Sons Investment Company (Rajhi Invest), a prominent Saudi family office, on the sale of a 40 percent stake in Berain Company (Berain) to Hassana Investment Company (HIC). "White & Case advised  more PR