Feds unlikely to claw back Washington’s $1.1 billion in mishandled funds: Auditors

(The Center Square) – Despite a recent audit finding Washington state agencies mishandling more than $1 billion in federal COVID-19 aid, the State Auditor’s Office says it’s not common for federal departments to demand those tax dollars back from the state. A recent report from the SAO found a record 86 issues with how 11 state agencies […]

Feds blast ‘Gold Bar Bob’ Menendez’s blame-his-wife defense at bribery trial

Federal prosecutors argued Tuesday that Sen. Bob Menendez’s brazen plan to pin the blame for his far-reaching bribery scheme on his wife was simply a “desperate” excuse to avoid his own responsibility. “There’s no way she could have fooled him into not knowing what she was doing,” prosecutor Paul Monteleone told jurors in Manhattan federal […]

Fed’s Powell says more ‘good’ inflation data would bolster case for rate cuts

Strategas’ Jason Trenerth says it’s hard not to get involved in the stock market on “Maria Bartiromo’s Wall Street.” Chairman of the Federal Reserve System Jerome Powell He said Tuesday that policymakers were encouraged by recent data suggesting inflation was receding, and continued progress would strengthen the case for cutting interest rates. “The data for […]