#Clarence Thomas biographer calls report on megadonor’s tuition payments ‘despicable’

#Clarence Thomas biographer calls report on megadonor’s tuition payments ‘despicable’

A biographer and friend of Supreme Court Justice Clarence Thomas slammed reporting of a GOP megadonor’s tuition payments for the justice’s great-nephew as “despicable,” arguing that it did not violate the court’s gift disclosure rules.  Mark Paoletta, a former counsel to former Vice President Pence who co-edited a book about Thomas based on a documentary,…

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#What would a debt ceiling failure mean for Americans?

#What would a debt ceiling failure mean for Americans?

Lawmakers are bracing for what could shape up to be a dramatic few weeks for both parties, as they brace for a high-stakes battle over the nation’s borrowing limit.  The Treasury Department said this week that the nation could have until as soon as the start of June before it exhausts the “extraordinary measures” implemented…

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#Republicans subpoena FBI for document alleging unspecified ‘criminal scheme’ involving Biden 

#Republicans subpoena FBI for document alleging unspecified ‘criminal scheme’ involving Biden 

Sen. Chuck Grassley (R-Iowa) and House Oversight Committee Chair James Comer (R-Ky.) are demanding a document from the FBI they say outlines an unverified and unspecified “alleged criminal scheme” involving a foreign national and President Biden when he was vice president. Comer on Wednesday subpoenaed the FBI for the document, marking an escalation in Republicans’ investigation…

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#Fed hikes rates despite recession fears

#Fed hikes rates despite recession fears

The Federal Reserve voted to raise interest rates Wednesday by another 0.25 percentage points, brushing aside concerns about the financial sector and an expected recession later this year. The Fed’s rate-setting committee voted unanimously Wednesday to boost its baseline interest rate to a range of 5 to 5.25 percent, the point at which Fed officials…

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