Author: Press Room

Will Powell Stay or Will He Go? Wednesday could be one of the most consequential days in the Federal Reserve’s recent history. Jerome Powell will hold his final press conference as chairman. The Senate Banking Committee is expected to vote on Kevin Warsh’s nomination to replace him. And the Supreme Court is scheduled to be in session and issuing opinions—meaning the long-awaited decision in Trump v. Cook, argued back in January, could land the same day. The Wall Street Journal‘s Nick Timiraos, who understands the inner workings of the Fed better than any journalist in Washington, laid out the stay-or-go…

President Donald Trump said Saturday night that Secret Service and law enforcement acted quickly and bravely following a reported shooting near the White House Correspondents Dinner, noting he favored continuing the event while deferring any final decision to authorities.  President Donald Trump posted on Truth Social: “ Quite an evening in D.C. Secret Service and Law Enforcement did a fantastic job. They acted quickly and bravely. The shooter has been apprehended, and I have recommended that we “LET THE SHOW GO ON” but, will entirely be guided by Law Enforcement. They will make a decision shortly. Regardless of that decision,…

House Minority Leader Hakeem Jeffries signaled Monday that shielding consumers from rising electricity costs associated with the data center boom would be a priority on Democrats’ artificial intelligence agenda should they win back a majority. The New York Democrat said at a press conference that Democrats want to ensure that “our homegrown companies can continue to lead the world in this transformative technology” but that “we’ve got to make sure we protect the American consumer.” “We have to protect the American homeowner,” Jeffries said when asked by POLITICO about how he is advising Democrats to talk about AI and what…

The continent’s expenditure has risen by an estimated 14%, according to SIPRI, as Russia accuses the EU of reckless militarization European military spending helped to propel global defense expenditure to a record high of almost $3 trillion in 2025 despite the US decreasing its outlay, according to a report by the Stockholm International Peace Research Institute (SIPRI) released on Monday.Worldwide military expenditure rose 2.9% in real terms last year to reach $2.887 trillion, marking the 11th consecutive annual increase and lifting the global military burden to 2.5% of GDP, the report said. SIRPI experts explained the trend by citing several…

Aven’s new bitcoin-backed card has interest rates that vary depending on how much collateral you pledge.AvenAven, a Silicon Valley fintech with more than 100,000 customers that offers a credit card grafted onto a home equity line of credit (HELOC), is launching a bitcoin-backed card. The new card lets consumers pledge bitcoin as collateral to access a credit line of up to $1 million over a term of up to 10 years. Its average percentage interest rates (APRs) range from 7.99% to 11.99%, notably lower than the average U.S. credit card rate of 21.52%, according to the Federal Reserve.To use Aven’s…

Spain’s Correos state postal office processed mass amnesty applications for illegal migrants without requiring arrivals to prove they have no criminal record — one of the allegedly indispensable requirements listed by the leftist government in Madrid. Correos‘ offices across Spain are being used by the Spanish socialist government in its ongoing process to grant mass amnesty to half a million illegal migrants, with over 370 Correos locations currently serving as amnesty application reception centres per the Spanish Inclusion Ministry. The Spanish postal service, on its official website, explicitly states that illegal migrants seeking to benefit from the amnesty must present proof that…

The suspect at the White House Correspondents Association Dinner reportedly charged a magnetometer and took a shot at a Secret Service agent, according to reports. Speaking to Fox News, Sean Hannity detailed what they know about the reports of shots fired and subsequent evacuation of President Donald Trump and Cabinet officials at the Saturday night dinner. Noting that he spoke with top White House officials, Hannity said that the shooter “charged the magnetometer closest to the front door [and] took a shot at a uniformed division service agent.” “The shooter took a shot at a secret service member just at…

The Trump administration is urging lawmakers to fund the Department of Homeland Security after a gunman breached security at the White House Correspondents’ Dinner over the weekend. President Donald Trump on Monday took to social media to press Republicans to forge ahead with a party-line budget maneuver called reconciliation to fund Immigration and Customs Enforcement and Border Patrol by June 1 despite Democrats’ objections. “The Senate passed this Blueprint last week on Thursday morning, and now, House Republicans must UNIFY, and pass the same Blueprint to get the Bill done,” the president said in a post on Truth Social. “I’ve…

An explosion outside a police station near Belfast has been linked to the dissident republican splinter group and is being treated as “attempted murder” Police in Northern Ireland have foiled a suspected car bomb attack, evacuating residents moments before an explosion outside a station in Dunmurry, southwest of Belfast. The authorities suspect the New Irish Republican Army (New IRA), a dissident republican splinter group, was behind the blast.The incident occurred late on Saturday, when a hijacked vehicle carrying a gas cylinder device was parked outside the station. At a press conference on Sunday, PSNI Deputy Chief Constable Bobby Singleton said…

Assistant Attorney General for Civil Rights Harmeet Dhillon announced a major win for American artificial intelligence (AI) dominance after her department intervened in a lawsuit challenging a new Colorado law that prohibits “algorithmic discrimination” during an interview on Breitbart News Saturday. Speaking with Breitbart News political editor Bradley Jaye, Dhillon revealed details on the Department of Justice’s (DOJ) recent success at getting the state of Colorado to agree not to enforce SB24-205, which requires AI developers and deployers to satisfy certain disclosure, reporting, and prevention requirements when creating algorithm products designed for services like mortgage lending, student admissions, and job-candidate…