Author: Press Room
The Jewish state’s operation has extended into Lebanese territorial waters believed to contain energy resources Israel’s latest land grab is dashing Lebanon’s hope of tapping offshore gas to solve its persistent energy shortage. Maritime energy prospects were the focus of a 2022 deal on a disputed border between the two nations.On Sunday, the Israel Defense Forces (IDF) published a map of a “forward defense line area” in southern Lebanon – effectively an occupation zone that some officials in West Jerusalem said needs to be depopulated for Israeli national security. The claimed area extends into the sea, cutting a roughly 9…
Kevin Warsh, President Trump’s nominee to lead the Federal Reserve, will appear before the Senate Banking Committee Tuesday morning for a confirmation hearing that will put a spotlight on his vision for reshaping the central bank at a pivotal moment for the economy. The hearing, scheduled for 10 a.m., comes as inflation remains above the Fed’s two percent target and the war with Iran has complicated the economic outlook. High energy prices have raised consumer expectations for inflation and lowered consumer sentiment but have so far not weighed on consumer spending. The labor market remains resilient, with layoffs near historic…
A weeklong event to read the entire Bible aloud kicked off in Washington, DC, on Saturday evening, and President Donald Trump is scheduled to participate by reading scripture on Tuesday. The “America Reads the Bible” event hosted its opening ceremony at the Museum of the Bible, Fox News reported. Daily readings from Genesis to Revelation will be held from 9:00 a.m. until 9:00 p.m. from now until Friday. The museum said over 475 national leaders and 115 ministries will participate in the 84-hour, seven-day event, calling it the largest Bible reading in American history, which will also celebrate the nation’s…
Rep. Lisa McClain of Michigan offered a rare acknowledgment from a GOP leader Tuesday that the U.S. economy might not be in tip-top condition. McClain, the Republican Conference chair, said at a news conference that “even with bigger [tax] refunds, many families are struggling right now, and I get it.” That’s a departure from the message President Donald Trump sent at a event in Las Vegas last week, where he said “everything’s doing really well” and played down the impact of higher energy prices since he ordered military strikes on Iran. “But we also owe it to the American people…
Your hair of the dog? More tax news.gettyThat collective exhale you heard this week?It was the sound of tens of millions of taxpayers and tax professionals finally taking a breath after an unpredictable (and sometimes chaotic) tax season. The IRS expected to receive 164 million tax returns by April 15, and we don’t yet know whether we met that number. If we did, it would mean a flurry of returns was filed in the last five days of the tax season. As of April 10, the agency has received about 114.3 million returns so far, down 2.8% from the same…
Is personal freedom a reality or a myth? Does the government execute the will of the governed or the will of those who finance its officials? Does the Bill of Rights restrain the government? Are the levers of government power pulled by those the governed have elected or those we don’t see? Do elections change anything? Can the president kill people whom he suspects might commit a crime? Aren’t even those who would cause great harm entitled to due process? Isn’t everyone entitled to a fair trial in front of a neutral judge and jury before any punishment can be…
Wednesday evening Eastern time marks the expiration of the two-week ceasefire in the war between the United States and Iran, and bombing will resume if a deal is not reached, according to reports of phone interviews with President Donald Trump. Trump told Bloomberg that the ceasefire ends “Wednesday evening Washington time,” and an extension is “highly unlikely” if Iran does not agree to a deal with the United States. This would be about 15 days after Trump announced the two-week ceasefire on April 7. He also told PBS News on Monday that “lots of bombs start going off” if a…
The Montana Supreme Court struck a blow to biological reality by allowing Montanans who claim to be transgender amend birth certificates and change driver’s licenses to match their self-proclaimed “gender identity.” The state’s high court ruled 5-2 on Tuesday to uphold a lower court’s preliminary injunction of a 2022 policy that mandates Montanans have birth certificates and IDs that match their biological sex. The court ruled that the policy likely goes against the state constitution’s Equal Protection Clause. “Transgender discrimination is, by its very nature, sex discrimination,” the court claimed in its opinion, ultimately rejecting biological reality. Two justices, Jim…
The UAE has reportedly threatened that it could shift to the Chinese currency in oil trade as it presses Washington for a financial backstop The United Arab Emirates has warned the US Treasury that it could be “forced to use Chinese yuan” in oil trade, the Wall Street Journal reported on Sunday.UAE Central Bank Governor Khaled Mohamed Balama delivered what the newspaper described as an “implicit threat” against the dollar’s dominant position during a meeting with US Treasury Secretary Scott Bessent in Washington last week, the outlet said, citing unnamed US officials.Balama reportedly explained that Abu Dhabi could require a lifeline…
On Monday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” Sen. Tommy Tuberville (R-AL) said that if the Islamic Revolutionary Guard Corps (IRGC) is allowed to “continue” their control of Iran, “it’s going to be devastating.” And “we have got to take out the Iranian Guard, because they’re the ones that they don’t care whether they live or die, they want to make sure that they can maintain control. Hopefully, the Iranian people take over.” Tuberville said, “I’m hoping and praying that, in the next 48 hours, with Vice President Vance going to Pakistan, hopefully, they show up and we can…