Senate Majority Leader John Thune, R-S.D., acknowledged that planned blocks against future Federal Reserve nominees would cause issues and remained adamant that the central bank stay independent.
2019—Federal district judge Haywood S. Gilliam Jr. enters an order (in California v. HHS) blocking the Trump administration from implementing its rules creating a religious...
America is under attack. Our critical infrastructure — the digital and physical systems that sustain daily life — is being probed, infiltrated, and in some cases quietly occupied by hostile foreign powers. If we fail to confront this threat with clarity and resolve, the consequences will be swift, disruptive, and deeply personal for millions of Americans. Conflict has […]
It has now been one month since two gunmen opened fire at a Hanukkah celebration at Bondi Beach in Sydney, Australia, killing 15 people, including a 10-year-old girl. It was an attack that everyone saw coming, except perhaps Prime Minister Anthony Albanese and Foreign Minister Penny Wong, whose policies rationalizing and appeasing radicalism encouraged greater […]
Memory semiconductors are essential for everyday consumer products, such as smartphones and personal computers. A specialized category of memory chips is also critical to the artificial intelligence revolution. High bandwidth memory chips sit directly next to Nvidia’s accelerated computing processors on AI servers, forming the backbone of modern data centers. But there’s a problem. There is a global shortage of […]
President Donald Trump insists he is not involved in the criminal investigation by the U.S. attorney for the District of Columbia into the actions of Federal Reserve Chairman Jerome Powell. But the president has openly claimed “absolute” control over the Justice Department. Training federal prosecutors on Powell fits Trump’s pattern of pressuring the Fed and […]
U.S. Attorney for the District of Columbia Jeanine Pirro on Monday claimed the Department of Justice's (DOJ) probe into the Federal Reserve would not have happened "if they had just responded to our outreach." "The United States Attorney’s Office contacted the Federal Reserve on multiple occasions to discuss cost overruns and the chairman’s congressional testimony,...
President Trump on Tuesday heads to Detroit to tout his economic policies and expand on recently floated ideas like capping credit card interest and banning institutional investors from buying homes. He'll also tour a Ford plant. The Supreme Court will hear arguments this morning on whether states can ban transgender girls from competing on girls’...
The annual inflation rate hit 2.7 percent in December, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The new consumer price index (CPI) data showed inflation holding flat in December, with prices rising 0.3 percent last month alone. Food prices were 0.7 percent in December alone and up 3.1 percent over...
Sen. John Kennedy (R-La.) on Monday questioned the Department of Justice (DOJ) over its probe into the Federal Reserve’s renovation of its Washington, D.C. headquarters. “We need this like we need a hole in the head,” Kennedy, a senior member of the Banking Committee, told reporters. The Louisiana Republican also warned that “any litigation between...
