Meanwhile ...
... [Charlie] Kirk, who had millions of social media followers, co-founded the non-profit Turning Point USA in 2012 as a teenager, which he dubbed a 'national student movement.'
Its mission is to 'identify, educate, train and organize students to promote the principles of fiscal responsibility, free markets, and limited government.' ...
Trump's firing of Lisa Cook is the actual power grab we only feared from Joe Biden.
How Trump could give the Fed a MAGA makeover:
... Fed watchers say a Trump-appointed majority on the Fed Board could then exert greater influence over future decisions on interest rates by using a little-known process.
While it’s typically a routine event that gets little attention, every five years the Fed Board must approve the new terms of regional Fed presidents, who vote on a rotational basis on interest rates.
That event is coming up soon, with the terms of all 12 regional Fed presidents scheduled to expire – simultaneously – at the end of February.
That means, in theory, a Trump-nominated Fed Board could reject regional presidents, for whatever reason they wish, or no reason at all.
“The President could push his majority to reject reserve bank presidents unless they agree to back lower rates and are comfortable with more White House influence over monetary policy,” Jaret Seiberg, financial services policy analyst at TD Cowen Washington Research Group, wrote in a note to clients this week. “That would give Trump a more cooperative FOMC,” he wrote, referring to the Fed’s rate-setting committee.
While the Fed chair gets all the attention, decisions on interest rates are voted on by all 12 members of the Federal Open Market Committee. The committee consists of the seven members of the Fed Board, as well as five regional Fed presidents: the New York Fed president and four rotating regional presidents. ...
Trump tariff revenue expected to offset tax bill impact, S&P says in U.S. credit rating hold
... "We could lower the rating over the next two to three years if already high deficits increase ..." lol.
These people are afraid of Trump.
They don't want to be singled out for Trump's daily Two Minutes Hate.
They don't want to be the next Jerome Powell, or Lisa Cook, or Volodymyr Zelensky.
Meanwhile year to date the Trump deficit is running $112 billion ahead of Biden's last deficit. DOGE so-called spending cuts and Trump Tariffs have done nothing to reduce it.
“We should get an equity stake for our money,” Lutnick said on CNBC’s “Squawk on the Street.” “So we’ll deliver the money, which was already committed under the Biden administration. We’ll get equity in return for it.” ...
Lutnick said any potential arrangement wouldn’t provide the government with voting or governance rights in Intel.
“It’s not governance, we’re just converting what was a grant under Biden into equity for the Trump administration, for the American people,” Lutnick said. “Non-voting.”
Intel declined to comment.
Lutnick also suggested that President Donald Trump could seek out similar deals with other CHIPS recipients. ...
“The Biden administration literally was giving Intel for free, and giving TSMC money for free, and all these companies just giving them money for free,” Lutnick said. “Donald Trump turns that into saying, ‘Hey, we want equity for the money. If we’re going to give you the money, we want a piece of the action.’ ” ...
Um, I don't think getting an equity stake was anywhere in the bill.
Just another example of Trump executive branch overreach, but will the supine GOP Congress care?
This is pissing-match security theatre: "If Biden can do it so can I".
While Trump has frequently complained about crime in the district, violent crime there has fallen to a 30-year low as of January, according to the U.S. Department of Justice. ...
Atta boy, Tim, blame the Democrats.
Rep. Tim Burchett (R-Tenn.) said Wednesday he believes a client list associated with disgraced financier Jeffrey Epstein once existed but was “destroyed” by the Biden administration.
“I think the files existed at one time,” Burchett said in an interview on NewsNation’s “On Balance” with host Leland Vittert. “I think they were destroyed in the previous administration.” ...
Medicaid cuts could save thousands of lives
... Reduced enrollment and cuts to nonclinical spending could shorten wait times, make care more accessible, and reduce death-by-queue. No one in the media has reported this potential benefit from cuts to Medicaid. ...
What's good for the goose is good for the gander.
... There were “at least 10, 15 marked and unmarked units right in front of me. Surrounding the side of my house, I have 100 yards to the street, cars lined all the way up to the street, long guns pointed at me, heavily armored vests, ballistic helmets, ballistic shields, a battering ram,” he said.
He said his daughter “took note” of an FBI agent in the back of the house, and there were at least five federal agents on his porch “with M-16s pointed at me and now my wife as she entered the opening of the door.” ...
Agents Use Military-Style Force Against Protesters at L.A. Immigration Raid
... The raid at the clothing wholesaler began about 9:15 a.m. in the Fashion District, less than two miles from Los Angeles City Hall.
It was an extraordinary show of force. Dozens of federal agents wearing helmets and green camouflage arrived in two hulking armored trucks and other unmarked vehicles, and were soon approached by a crowd of immigrant activists and supporters. Some agents carried riot shields and others held rifles, as well as shotguns that appeared to be loaded with less-than-lethal ammunition. ...
After covering for the guy from the beginning for his 2020 campaign conducted from a basement.
They have no one to blame but themselves.
Democrats want Biden to take responsibility for loss to Trump
... “He needs to stop talking about what could have happened and what should have happened and how the party betrayed him and start talking about how he ultimately betrayed the party,” said one Democratic strategist. “The reason we find ourselves in this position is because he was too stubborn to step aside.” ...
I'm so confused.
Doesn't price drop on an increase in supply?
"Let's increase supply so prices rise so the voters vote for us and not them" makes absolutely zero sense.
... Mr. Biden sold off hundreds of millions of barrels of oil after Russia invaded Ukraine, causing already rising gas prices to spike even higher. ...
The Biden administration sold off roughly 206 million barrels of oil from the SPR between 2021 and 2023. ...
Democrats fended off an anticipated red wave in the November 2022 midterms, keeping control of the Senate and barely losing House seats, although Mr. Biden’s party remained in the minority in the lower chamber. ...
More.
I don't care how wrong Biden was, and neither should the courts.
The Supremes have already ruled the illegals have habeas rights, and this would be a desperate attempt to get around that.
Are they daring the Supremes to rule against them yet again?
People need to get a grip.
Blaming hapless Liz Truss' two-months as PM in September and October 2022 for the UK's high interest rates pretends that the Bank of England didn't raise interest rates in response to inflation same as the US Federal Reserve Bank.
This trashy headline belongs in The Daily Star, not the UK Telegraph. No wonder they're trying to sell you a 1-year subscription for only 29 pounds.
