Author: Press Room

Warsh War II: Is There a Way Out of QE World? Editor’s Note: This is the second in a three-part series examining Kevin Warsh’s nomination to chair the Federal Reserve. Read Part I here. The most consequential feature of Kevin Warsh’s view of the Federal Reserve is his focus on balance sheet reduction. Throughout his post-Fed commentary, he’s warned about what he calls “economic imprinting,” markets coming to expect central bank support at any sign of trouble. He supported emergency QE during crises but consistently argued it shouldn’t become permanent. In a June 2021 op-ed, he criticized the Fed’s “risky…

Far-left Colombian President Gustavo Petro met with President Donald Trump at the White House on Tuesday after Trump’s repeated demands for Colombia to stop the flow of cocaine into the United States. According to the White House foreign press pool, Petro arrived at the White House at 10:53 a.m. and an hour later the U.S. press pool reported the meeting was ongoing. It is the first time Trump and Petro have met face-to-face. The U.S. delegation included Trump, Vice President JD Vance, Secretary of State Marco Rubio, and Sen. Bernie Moreno (R-OH), who was born in Colombia. The Colombian delegation,…

Congress has 10 days to prevent another shutdown — this one exclusively affecting the Department of Homeland Security. There’s not much optimism about a deal. At issue is one of the thorniest issues in national politics — federal immigration enforcement, including new guardrails for agencies and repercussions for the local jurisdictions that refuse to cooperate with them. Already, Republicans are rejecting central demands from Democrats, including tightening warrant requirements and banning federal agents from wearing masks. Democrats are pouring cold water on a GOP push to target so-called “sanctuary cities.” Senate Majority Leader John Thune warned Tuesday that getting an…

Germany is moving to deepen ties with Italy as tensions rise with France over EU trade policy, Emmanuel Macron’s looming exit, and relations with US President Donald Trump, The Telegraph reported on Monday, citing diplomats from the bloc.France and Germany have long been the “engine” of EU policymaking, but the outlet described Macron as a “lame duck” whose mandate ends in 2027.“Berlin needs partners it can work with. Can they work with Macron at the moment? Not really. He is leaving office soon and France is unstable. Germans hate instability,” an EU diplomat told the outlet. According to the report,…

Ukrainian President Volodymyr Zelensky said on Monday that his government has followed the United States and European Union (EU) in designating Iran’s Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization. Zelensky said in his nightly address on Monday that he was bringing Ukraine into alignment with the EU, which labeled the IRGC a terrorist organization last Thursday. The U.S. listed the IRGC as a foreign terrorist organization in 2019. “European procedures are currently underway. We in Ukraine have already made this decision and have already designated this organization as terrorist, and for us this issue is closed,” he said.…

Melinda Gates reacted to the release of Jeffrey Epstein’s emails involving her ex-husband Bill Gates, including horrific allegations Epstein made such that Bill was attempting to dose her with antibiotics to fight an STD without her knowledge, by saying Bill and other Epstein associates “need to answer to those things.” “I think we’re having a reckoning as a society,” Melinda Gates told NPR’s Wild Card podcast host Rachel Martin on Tuesday. “No girl should ever be put in the situation that they were put in by Epstein and whatever was going on with all of the various people around him.” Watch Below:…

The anti-ICE rallies in Minnesota and across the country may appear organic, but one “dark money” expert believes it is funded by leftist billionaires. Roughly 15,000 activists attended the “ICE Out” protest in Minneapolis on Friday, with many protestors chanting “ICE out now,” demanding an end to immigration enforcement in the city. WATCH — Trump: Leftists Attacking Federal Agents “Will Have to Suffer”: The New York Post found that the protests are backed and organized by leftist billionaires. Scott Walter, president of Capital Research and an expert on so-called “dark money” groups, said, “My team’s best judgement is that it’s the Neville Singham network that…

The Russian tech mogul has accused Paris of a broader crackdown on digital privacy and media freedom Telegram co-founder Pavel Durov has condemned France, saying it is “not a free country” after a raid on Elon Musk’s X offices in Paris.The search was part of a probe into the social media platform’s Grok AI and its alleged generation of sexualized deepfake images of women and children, and comes amid a broader crackdown on X across the EU.“French police is currently raiding X’s office in Paris. France is the only country in the world that is criminally persecuting all social networks…

Kremlin spokesman Dmitry Peskov said on Tuesday that India has not indicated it will stop buying Russian oil, as claimed by President Donald Trump on Monday. “So far, we have not heard any statements from Delhi on this issue,” Peskov told reporters on Tuesday. “We respect bilateral U.S.-Indian relations, but we attach no less importance to the development of an advanced strategic partnership between Russia and India,” he said. “This is the most important thing for us, and we intend to further develop our bilateral relations with Delhi,” he said, signaling that Russia would not lash out at India for…

Friday on FNC’s “Hannity,” Sen. Markwayne Mullin (R-OK) called the Democrat-led backlash to Immigration and Customs Enforcement (ICE) operations a distraction from the positive results delivered by President Donald Trump and congressional Republicans. “Let me ask you this. Senator, Lindsey Graham is proposing another law,” host Sean Hannity said. “I would argue that it’s a good idea to codify it. I support what he’s doing and that is banning all sanctuary cities and states. To me, the laws are clear. They’re aiding in abetting. They’re obstructing justice, those states. They’re offering taxpayer benefits to people that did not respect our…