Trump warns of legal action against ‘loser’ Fed chair Jerome Powell
Trump Criticizes Federal Reserve Chair Powell In Washington, President Trump expressed discontent with Federal Reserve Chairman Jerome Powell on Tuesday, suggesting that the next offensive against him could involve a lawsuit concerning the extensive $2.5 billion renovation of the Fed’s headquarters. Trump even took a swing at his former Treasury Secretary, Stephen Mnuchin, for advising […]
Treasury Secretary Bessent broadens the search for the next Fed Chair
Scott Bescent Evaluates Federal Reserve Chair Candidates U.S. Treasury Secretary Scott Bescent announced he’s considering three candidates for the role of Federal Reserve Chairman, which will become available next year. While he hasn’t named any candidates yet, the selection process is likely to attract significant attention from financial markets. The incoming chair will need to […]
D.C. Police Union Chair supports Trump’s choice to make local law enforcement federal.
DC Police Union Chair Supports Trump’s Oversight of MPD Greg Pemberton, the Chair of the DC Police Union, has expressed his support for President Donald Trump’s recent decision to temporarily oversee the Metropolitan Police Department (MPD). He highlighted ongoing crime in the city that he believes necessitates federal involvement. Pemberton, who serves as the Detective […]
GOP chair requests details about California’s EV standards following Congressional change
Kentucky Lawmakers Seek Response from California on EV Standards In an interesting turn of events, Kentucky lawmakers are urging California’s environmental agencies for a response regarding the recent rollback of significant electric vehicle standards in Congress. The House Committee on Energy and Commerce expressed concerns in a recent letter, highlighting reports that California and other […]
RNC chair: Democrats ‘haven’t learned anything’ from 2024
RNC Chair Critiques Democrats Post-2024 Elections Michael Whatley, the chair of the Republican National Committee, expressed his thoughts on Friday morning, stating that Democrats “have learned nothing” following significant losses in the 2024 election cycle. “It seems like Democrats are doubling down on the same failed agenda they ran with,” Whatley shared during an interview […]
Couple in Pennsylvania charged with making their starving 5-year-old eat his own waste after tying him to a chair and hitting him with a paddle.
Pennsylvania Couple Faces Child Abuse Charges A couple in Pennsylvania has been charged with child abuse after allegedly confining a 5-year-old boy underground and neglecting his care. Colleen Cassidy, 35, and the boy’s father, Charles Smitry V, 29, were taken into custody early Monday at Smitry’s home in Monessen. They face allegations related to child […]
FCC Chair Brendan Carr Warns DISH Network To Abandon DEI Policies Or Suffer Consequences
FCC Chair Warns Dish Network Over DEI Policies During a meeting at the Federal Communications Commission (FCC) headquarters, Chair Brendan Carr cautioned Dish Network about the potential violation of agency directives regarding diversity, equity, and inclusion (DEI) policies. This warning follows consumer research from a watchdog group that criticized some of Dish’s programming—specifically, what they […]
US Dollar Index holds steady above 98.00 as speculation around Fed Chair grows
The US dollar index shows some changes after losing over 0.5% on Wednesday. Trump is considering Kevin Hassett, former Fed Governor Kevin Wahsh, and a couple of others for the role of Fed Chairman. The CME FedWatch tool indicates a nearly 95% likelihood of a 25-basis point reduction in the Fed rate this September. The […]
Reasons Scott Bessent Could Still Be Chosen as Fed Chair
Bessent is ready for his next mission: Make Fred great again Scott Bessent is quite content in his role at the Treasury Department, and honestly, who wouldn’t be? Tax cuts are rolling out, trade agreements are reshaping economies worldwide, and deregulation is in full swing. But come next summer, the focus of economic policymaking is […]
Chair Candidates Face Off Against Interim Appointees for Fed Position
Internal discussions reveal a split among Donald Trump’s advisors about how to fill future Federal Reserve Commission vacancies. Some are advocating for temporary appointees while others suggest that the president engage with trusted successors to Chairman Jerome Powell. Federal Reserve Governor Adriana Coogler plans to resign on August 8, holding a position that is set […]