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Janet Yellen issues warning to Congress as US nears debt limit | US politics

In a letter sent to Congressional leaders Friday afternoon, Treasury Secretary Janet Yellen called the “extraordinary measures” aimed at preventing the debt ceiling from being hit as early as Jan. 14. , that is, it is necessary to initiate special accounting measures. . “Treasury expects to reach the statutory debt ceiling between January 14 and […]

Trump’s FCC nominee sends Disney warning letter over ABC

Following President-elect Trump's election as chairman of the Federal Communications Commission (FCC), he asked Disney CEO Bob Iger to work with ABC to help the company serve “communities.” It sent a letter warning that it would “monitor” negotiations with local stations. The letter from FCC Commissioner Brendan Carr, dated Saturday, focuses on so-called “affiliate agreements” […]

Biden’s Inflation Misstep Was a Warning Sign All Along

Biden's inflation crisis was a capability crisis. Joe Biden's presidency has always been marked by improvisation and a tendency to sidestep reality for expediency. But this was rarely more evident than in July 2021, when he assured the nation that “no economist in his right mind” was worried about inflation getting out of control. It […]