Feds using banks to surveil Americans’ financial data without warrants, House Judiciary says
First appearance on Fox: The House Judiciary Committee announced Friday that federal law enforcement agencies are manipulating the Suspicious Activity Report (SAR) system to access Americans' financial information without a warrant or probable cause. The committee and the federal subcommittee on weaponization released an interim report, first obtained by Fox News Digital, detailing its findings. […]
Debunking the NY Fed’s Tariff Tunnel Vision
Fed's flawed calculations on President Trump's tariffs A new New York Fed study claims that tariffs imposed during President Trump's first term inflicted trillions of dollars in economic damage and severe “welfare losses” on Americans, but during the Trump administration. An unprecedented situation occurred Rising household incomes, a booming stock market, and historically low unemployment […]
California’s unemployment benefits system ‘broken’ with $20B owed to feds in loan debt: report
California's unemployment insurance (UI) loan system is facing significant deficits and needs a complete “redesign,” according to a new bipartisan report. Legislative Analyst Office (LAO). The system was supposed to be self-sufficient, but it has been unable to cover its annual benefit costs, resulting in a projected deficit of $2 billion annually over the next […]
North Korea funneled millions to Chinese migrant for weapons — and tried to buy uniforms for ‘surprise attack’ against the South: feds
U.S. federal prosecutors have accused an illegal Chinese immigrant of exporting guns and ammunition to North Korea and funneling $2 million to buy them, according to newly unsealed court documents. On Seung-hwa also admitted trying to buy military uniforms, which prosecutors say was part of an apparent attempt to disguise himself as a North Korean […]
Fed’s preferred inflation gauge ticked higher to 2.8%
Inflation indicators recommended by the US Federal Reserve (Fed) show that price increases were slightly higher in October, which could prompt the central bank to take a more cautious stance at next month's interest rate cut meeting. Highly sexual. The Core Personal Consumption Expenditures Price Index, a key measure of inflation that tracks average changes […]
Fed’s favored inflation gauge showed price growth picked up in October
Chicago Fed President Austan Goolsby spoke candidly about the impact of the Federal Reserve's actions on the “Craman Countdown.'' Inflation measures closely monitored by Fed policymakers rose in October but remain close to the Fed's inflation target. The Commerce Department said Wednesday that the personal consumption expenditure (PCE) index rose 0.2% in October, up 2.3% […]
Armed felon threatened to kill Trump, attended rally after Butler shooting: feds
Police and agents with the Bureau of Alcohol, Tobacco and Firearms have arrested an Arizona man accused of making expletive-laden death threats against President-elect Donald Trump and his family and attempting to illegally buy a gun. The suspect, Manuel Tamayo Torres, also posted photos from a Trump rally in Glendale in August, according to court […]
Feds seize 3,000 fake Gibson guitars potentially sold for $18M
Musicians will be informed that these quacks are being removed from the streets. More than 3,000 fake Gibson guitars that may have been sold for a total of $18.7 million were seized by federal authorities after the typically U.S.-made instruments arrived from Asia, officials announced Tuesday. . CBP said the guitar was shipped to the […]
Feds subpoena PAC connected to Adams-allied pastor, embattled campaign fundraiser
Federal authorities have subpoenaed a dark political fund connected to one of Eric Adams' allies and the mayor's embattled top fundraiser, the Post reported. The Rev. Alfred L. Cockfield's political action committee, For a Better New York, was subpoenaed in early November, people familiar with the matter told the Post. The Eastern District of New […]
Fed’s Goolsbee says neutral rate is ‘well below’ where it is today
Chicago Fed President Austan Goolsby spoke candidly about the impact of the Federal Reserve's actions on the Craman Countdown. Chicago Fed President Austan Goolsby He said on Monday that the Fed's rate-cutting campaign still has a ways to go before it reaches “neutral” rates, and that the central bank will need to continue cutting rates […]