Author: Press Room
Speaking at a meeting of NATO foreign ministers in Helsingborg, Sweden, on Friday, Secretary of State Marco Rubio said “no country in the world should accept” Iran’s latest scheme to control the Strait of Hormuz in perpetuity and extort “tolls” from international shipping. “Iran is trying to create a tolling system. They’re trying to convince Oman, by the way, to join them in this tolling system in an international waterway. There is not a country in the world that should accept that,” Rubio said after meeting with NATO Secretary-General Mark Rutte. “I don’t know of a country in the world…
Warsh Arrives to Make the Fed Great Again Welcome back to Friday! This is the Breitbart Business Digest weekly wrap, written from a small bunker so many miles away from the White House that no one will ever doubt our independence. This week we bring you a special New Fed Chair Edition of the wrap. Kevin Warsh is finally chairman, Wall Street is freaking out over AI inflation, Waller and Barkin are worried about serial supply shocks unanchoring inflation expectations, and Stephen Miran has lost the game of musical chairs because Jerome Powell refused to get out of his seat.…
Los Angeles residents and a prominent local boutique are reacting to claims that Carly Kimmel, the sister-in-law of ABC late-night host Jimmy Kimmel, complained about pro-Spencer Pratt cookies sold at a longtime Brentwood grocery store. The California Post reported that Carly Kimmel, who is married to Jimmy Kimmel’s brother Jonathan, was accused in a viral social media post of complaining about “Vote Pratt” cookies sold by Vicente Foods, a family-owned Brentwood grocery store that has been open since 1948. Jonathan Kimmel worked on Jimmy Kimmel’s show for years, according to the report. The accusation was amplified by Kitson, a Los…
The US president said he must remain at the White House due to “circumstances pertaining to Government” US President Donald Trump has abruptly canceled plans to attend his son Donald Trump Jr.’s wedding this weekend, saying he must remain in Washington due to unspecified “circumstances pertaining to government.”The Trump administration was preparing for a fresh round of military strikes against Iran, but no final decision had been made, CBS News reported on Friday, citing sources with direct knowledge of the planning.Axios reported that Trump convened his senior national security team on Friday morning to discuss Iran, including the state of negotiations…
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” — Ernest Hemingway Thanks to the fiat currency system, governments at war can tap into a nation’s savings by financing conflict through currency debasement. Under a gold standard, governments had to have the gold or impose taxes if they wanted the funds to prosecute a war. When the gold ran out, the war stopped. But not in a fiat currency system. They can continue debasing the…
SUFFERN, New York — Can President Donald Trump be an asset in one of the country’s most competitive House races? “Mr. SALT” thinks so. Trump touched down Friday in Republican Rep. Mike Lawler’s district — viewed as critical to determining whether Republicans keep control of the House — to tout affordability moves from the administration. Embracing Trump poses serious political risks for the two-term incumbent, especially as the president faces brutalapproval ratings amid the war in Iran and rising gas prices. But as voters remain anxious about rising costs, Trump — speaking to thousands of attendees in the gymnasium of…
French President Emmanuel Macron on Thursday warned against making “false promises” on reparations for slavery as he endorsed the symbolic repeal of France’s centuries-old decrees that governed the practice in French colonies. Macron spoke on Thursday at the Élysée Palace at an event marking the 25th anniversary of the Taubira Law, a French legislation named after former Justice Minister Christiane Taubira that recognized the Atlantic slave trade and slavery as a crime against humanity in 2001. The French President reportedly stressed to his audience that the “immense question” of reparations should be addressed but warned against any “false promises” on…
Kevin Warsh was sworn in as the 17th chairman of the Federal Reserve on Friday during a ceremony at the White House. Warsh took the oath of office from Supreme Court Justice Clarence Thomas in the East Room after President Donald Trump delivered remarks, in which he predicted Warsh “will go down as one of the truly great chairmen of the Federal Reserve that we’ve ever had.” Warsh was honored to receive the oath from Thomas. He called Thomas “a brilliant and independent thinker, a man dedicated to our Constitution, and no less important, a joyful and collegial presence on…
The Colorado Democrat Party on Wednesday overwhelmingly voted to censure Gov. Jared Polis (D-CO) for commuting the sentence of former Mesa County Clerk Tina Peters, who was sentenced for her role in tampering with election equipment. The central committee of the Colorado Democratic Party voted 89.9 percent in support of the measure to censure Polis. The censure prohibits him from speaking at or taking part in party-sponsored events. Polis has said that the petition to censure him is politically motivated, with the petition issued in reaction to Polis’s move to commute the sentence of former Mesa County Clerk Peters. A…
The director of national intelligence had been leading an investigation into US-funded biolabs in Ukraine US Director of National Intelligence Tulsi Gabbard has announced her resignation, citing her husband’s recent diagnosis with a rare form of bone cancer. Her resignation came a week after she revealed she was investigating US-funded biolabs in Ukraine. “Unfortunately, I must submit my resignation, effective June 30, 2026,” she wrote in a letter to the president that she shared on social media. “My husband, Abraham, has recently been diagnosed with an extremely rare form of bone cancer. At this time, I must step away from public…