When will the Federal Reserve start to cut interest rates?
Adam Covissi, Editor-in-Chief of the Covissi Letter, discusses his predictions for the market in 2024 after the Dow Jones falls from its all-time high in “Kabuto: Coast to Coast.” The Fed ended 2023 with an unexpected policy shift. In December, central bankers signaled at their last meeting of the year that a nearly two-year battle […]
Federal appeals court rejects Trump petition over Special Counsel Jack Smith access to Twitter feed
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Homeland Security warns federal agencies of hackers targeting Google Chrome, Excel spreadsheets
The Cybersecurity and Infrastructure Security Agency (CISA) has issued a new warning that the Google Chrome browser and Excel spreadsheets may be at risk of attack. The agency has identified two new exploits that could allow hackers to easily access your computer. Federal agencies have until January 23 to ensure they are protected. Here are […]
Speaker Johnson knows exactly what should happen to federal workers who refuse to work over pro-Israel policies
House Speaker Mike Johnson (R) believes government employees who walk off the job to protest pro-Israel policies “deserve to be fired.” A group of federal employees plans to walk off the job on Tuesday, January 16, in protest of the Biden administration's pro-Israel policies, according to Al-Monitor. report. The employees call themselves “Federals United for […]
Federal Reserve Payments to Banks Trigger Largest Ever Operating Loss
The Federal Reserve quietly incurred huge losses in 2023 as the interest it pays banks dwarfs the interest it earns from its bond portfolio, according to data released by the central bank on Friday. The Federal Reserve announced that it will lose about $114.3 billion in 2023, its largest annual loss ever. The losses occurred […]
CT receives emergency federal aid due to severe flooding
Connecticut is receiving emergency aid from the federal government due to severe flooding that caused dam failures and road closures. President Joe Biden approved a state of emergency, allowing agencies such as the Department of Homeland Security and FEMA to provide assistance. FEMA is authorized to provide equipment and resources, including direct funding from the […]
House Speaker Mike Johnson calls to fire any federal workers who take part in planned ‘walkout’ over Gaza policy
House Speaker Mike Johnson said Sunday that federal workers “deserve” to be fired if they participate in a planned strike to protest President Biden's handling of the war on Hamas. Louisiana Republicans Statement regarding Xcommented on AL-Monitor News Article Employees from at least 22 government agencies plan to participate in Tuesday's work stoppage to protest […]
Supreme Court set for pivotal cases that could claw back federal administrative power
The Supreme Court is scheduled to hear a case this week that could lead to a ruling that would dramatically take back the powers of federal agencies and put many consumer and environmental protections at risk. The question is whether courts should defer to federal agencies' interpretations when a law can have multiple meanings, a […]
Federal Judge Rules Law Prohibiting Guns In Post Offices Is Unconstitutional
A federal judge in Florida ruled Friday that a law banning possession of firearms in post offices is unconstitutional. Judge Kathryn Kimball Mizell, appointed by former President Donald Trump, ruled to dismiss an indictment charging a postal worker with illegally possessing a firearm on a federal facility. according to Reuters. Emmanuel Ayala, a U.S. Postal […]
Federal judge rules ban on firearms in post offices unconstitutional
A federal judge in Florida has ruled that a U.S. law banning the possession of firearms in post offices is unconstitutional, in the latest court ruling that gun restrictions are unconstitutional. U.S. District Judge Kathryn Kimball Mizell, a Trump appointee, cited the 2022 Supreme Court decision New York State Rifle and Pistol Association v. Bruen, […]