There are misconceptions about the credit union industry running rampant in Washington, D.C. Many want Congress to impose a tax on credit unions, claiming they have become “too big” or lost sight of who they are. But size isn’t the measure of a credit union, large or small. The exemplary service of these not-for-profit financial cooperatives is what sets them […]
In 1954, Texas Sen. Lyndon Johnson proposed an amendment to the Internal Revenue Code that has strangled the free speech and religious liberty of churches and the pastors who lead them ever since. The so-called Johnson Amendment, passed simply by voice vote in the Senate, prevents tax-exempt organizations from participating or intervening in “any political […]
Let’s stop pretending this is normal. The United States has racked up over $36 trillion in debt. This year alone, we’re staring down a $2.75 trillion deficit. That’s a 38% increase over last year and the largest ever recorded — even while revenues are at all-time highs. We don’t have a revenue problem. We have a spending […]
We’re all about to find out if it’s the White House or what’s left of the administrative state that’s calling the shots on antitrust and Big Tech. Either way, the Federal Trade Commission’s case against Meta, which began in a courtroom on Monday, is a bad one. Since President Donald Trump’s second presidential victory, much […]
Pollster Nate Silver revealed his early prediction for who he could see at the top of the Democratic Party's 2028 ticket on Wednesday: Rep. Alexandria Ocasio-Cortez (D-N.Y.). In a video and newsletter published to his “Silver Bulletin" Substack, Silver and former FiveThirtyEight podcast host Galen Druke both signaled that Ocasio-Cortez, 35, is the likely pick...
Former Vice President Kamala Harris leads in a hypothetical gubernatorial primary in her home state of California, according to a new poll, but half of voters say they do not think she should enter the race to succeed term-limited Gov. Gavin Newsom (D). The survey from Emerson College Polling/Inside California Politics/The Hill found 31 percent...
President Trump slammed the “too late” Federal Reserve chair Jerome Powell after he warned of the economy facing stagflation due to the president’s sweeping tariff agenda, adding that his termination cannot come soon enough. “The [European Central Bank] is expected to cut interest rates for the 7th time, and yet, ‘Too Late’ Jerome Powell of...