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The Securities and Exchange Commission (SEC) filed a lawsuit last week against a company and a specific business deal that directly involves President Joe Biden’s younger brother, James Biden. The complaint was filed in the Southern District of Florida against Third Friday Management and Michael Lewitt, a business associate of James’. The Commission alleges Third…
Secretary of State Antony Blinken publicly backed Israel amid unprecedented attacks on the country Saturday. “We unequivocally condemn the appalling attacks by Hamas terrorists against Israel,” he said on X, formerly Twitter. “We stand in solidarity with the government and people of Israel and extend our condolences for the Israeli lives lost in these attacks.”…
Palestinian officials are defending the Saturday attack against Israel after militant forces assaulted the country in multiple directions in a surprise maneuver that has left at lest 40 Israelis dead. The Palestinian Ministry of Foreign Affairs said they have “repeatedly warned against the consequences of blocking the political horizon and failing to enable the Palestinian…
Former national security adviser John Bolton said former President Trump hasn’t set a good example, claiming his actions could have an “unfortunately ripple effect.” “I think the President’s example really has an unfortunate ripple effect throughout the bureaucracy and gives rise to a lot of cynicism and a lot of carelessness,” Bolton said on CNN…
It has been an increasingly puzzling week for market watchers and economists alike, as the American economy continues to resist a recession and stymy policymakers hoping to lower inflation and stave off a downturn. A gangbusters September jobs report is putting the efficacy of Federal Reserve interest rate hikes into question, just as falling crude…
Religiously unaffiliated Americans and Hispanic Catholics are the most likely religious groups to acknowledge climate change is caused by human activity, with Latter-day Saints and white evangelical Protestants the only groups where a majority does not, according to a survey from the Public Religion Research Institute (PRRI). The survey indicated that among both unaffiliated Americans and Hispanic…
As Ukraine fights for its national survival, Congress chose the easy and wrong over the difficult and right this last week. The second and third order effects of the Biden administration’s “just enough” Ukrainian war funding strategy came to a political head as Republican and Democratic lawmakers in the House voted to pass a “clean continuing resolution to keep the government funded at current spending…
Florida Gov. Ron DeSantis (R-Fla.) weighed in Tuesday on the speakership battle raging on Capitol Hill, noting that he was against Speaker Kevin McCarthy (R-Calif.) “when it wasn’t cool” during his time as a congressman. “I opposed McCarthy when it wasn’t cool years ago,” DeSantis told Scripps News. “He’s really somebody that Donald Trump has backed and…
Rep. Matt Gaetz (R-Fla.) on Monday moved to force a vote on ousting Speaker Kevin McCarthy (R-Calif.), following through with his pledge to do so after the Speaker put a “clean” continuing resolution (CR) to fund the government on the House floor. A vote on the motion to vacate the chair will have to be…
There has just been a landmark event at the Federal Reserve: Its accumulated operating losses have passed $100 billion. This startling number, which would previously been thought impossible, was reported on Sept. 14, 2023, in the Fed’s H.4.1 Release. It is essential to understand that these are not mark-to-market paper losses; they are real cash…