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Federal Home Loan Banks should not be bailing out banks

The FHLBanks have abandoned their role as a conduit for housing finance in favor of acting as the handmaidens of troubled banks.

Here are some possible debt ceiling escape hatches for McCarthy, Biden

Washington is scrambling to stave off an unprecedented debt default as roughly a week stands between the country and a looming deadline. Treasury Department Secretary Janet Yellen warned earlier this week that the country is still on track to default on its debt as soon as next Thursday if Congress fails to raise or suspend...

Democrats unanimously back debt ceiling discharge petition

Every House Democrat has endorsed the discharge petition to force a vote on legislation to hike the debt ceiling and prevent a default, party leaders announced Wednesday. The signatures of the last final holdouts — Reps. Jared Golden (D-Maine) and Ed Case (D-Hawaii) — puts the total number at 213, meaning Democratic leaders still need to find...

US officials believe Ukraine was likely responsible for Kremlin drone attack: report

U.S. officials believe that Ukraine was likely behind the failed drone attack on the Kremlin earlier this month, along with a number of other killings and incursions on Russian territory, according to reports. Intelligence officials do not know which unit was behind the drone attack and it's unclear if Ukrainian President Volodymyr Zelensky knew about...

Goodbye Colonials: George Washington University announces new moniker 

George Washington University has selected “Revolutionaries” as its new moniker, after the school scrapped “Colonials” under growing student pressure. Officials announced the new moniker Wednesday, which will take effect starting in the 2023-2024 academic year.   University officials said in a press release Wednesday that after a year taking in 47,000 points of feedback and 8,000...

House votes to cancel Biden’s $400 billion student loan handout

House lawmakers voted Wednesday to eliminate President Biden's student loan forgiveness plan, which has been stalled due to ongoing legal challenges.

NC Gov Roy Cooper faces scrutiny for sending daughter to private school amid opposition to school choice bill

North Carolina Gov. Roy Cooper is attempting to prevent a school choice bill from passing the state legislature, despite sending his own daughter to a private school in Raleigh.

Pro-lifers rejoice as Planned Parenthood announces national staffing cuts

Pro-lifers rejoiced after Planned Parenthood announced it would be cutting its national staff in June to reallocate funding for non-abortion services.

Team DeSantis campaign staff is assembled – and it includes ex-Trump officials

Ron DeSantis has assembled the campaign team he hopes will help win him the White House in 2024, and it includes ex-Trump officials.

Comer threatens to hold FBI in contempt of Congress if it fails to release key Biden document

Rep. James Comer, R-Ky., is threatening to initiate contempt of Congress proceedings against the FBI if the bureau does not comply by the end of the month with his subpoena related to a possible criminal scheme involving then-Vice President Joe Biden.

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