The Federal Reserve under Jerome Powell has become a case study in contradiction.
Powell’s Fed hiked too soon, eased too late, and trapped America in high-rate limbo.
federal
Federal agencies face deadline today to present plans for new round of mass firings.
The Trump administration’s drive to slash and overhaul the government, led by Elon Musk, has already led to tens of thousands of departures. Federal agencies are facing a deadline on Monday to present their plans for another round of mass firings, the next step in the Trump administration’s drive to shrink the government that figures …
Harvard meltdown—Trump threatens $9B in federal cash over campus speech…
The Harvard chapter of the American Association of University Professors sued the Trump administration on Friday to end its ongoing review of the University’s federal funding, alleging the review was coercive and unlawfully undermined academic freedom. The complaint argued that the review was illegally “exploiting” Title VI of the Civil Rights Act, which prohibits discrimination …
Feds probe New Jersey for shielding violent illegals, Habba targets Murphy over obstruction of federal law
WOW! Alina Habba — US Attorney for the District of New Jersey — is opening an investigation into Governor Murphy & Attorney General Platkin for protecting violent illegal alien criminals & obstructing federal law. This is a big deal. 👏 pic.twitter.com/8zccUKEqgf — ThePersistence (@ScottPresler) April 11, 2025
Cool CPI Report Gives Federal Reserve Green Light to Crank Up Inflation
by Mike Maharrey The Federal Reserve just got the green light to crank up the inflation machine. The Consumer Price Index (CPI) moderated in February and turned downright cool in March. Prices fell month-on-month, driven by much lower energy costs. That cracks the door for the Fed to plausibly cut interest rates again sooner rather …
PRESIDENT TRUMP JUST ASKED THE SUPREME COURT FOR THE AUTHORITY TO FIRE FEDERAL RESERVE CHAIR JEROME POWELL
Bro wants to create a global panic PRESIDENT TRUMP JUST ASKED THE SUPREME COURT FOR THE AUTHORITY TO FIRE FEDERAL RESERVE CHAIR JEROME POWELL- BBG pic.twitter.com/CHKNNTpqYU — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) April 10, 2025 Trump Asks Supreme Court to Let Him Fire Top Agency Officials Summary by Bloomberg Al ■ President Donald …
Federal judge allows mandatory registration of all Illegal Aliens. It begins tomorrow.
A federal judge is allowing the Trump administration to move forward with a requirement that everyone in the U.S. illegally must register with the federal government WASHINGTON — A federal judge is allowing the Trump administration to move forward with a requirement that everyone in the U.S. illegally must register with the federal government, in …
GEORGE & ALEX SOROS MAY BE FACING FEDERAL INVESTIGATION
“As coordinated protests erupt across America, whispers in D.C. are growing louder: Attorney General Pam Bondi may be preparing to investigate George Soros and his son Alexander as the alleged financiers behind domestic terror attacks — including recent violence targeting Tesla. 🧠 NGOs. 💰 Dark money. 🧱 Paid protesters sowing chaos coast to coast. The …
Federal agencies have spent $4.6 Billion on furniture since 2021, despite most employees working from home.
OPEN THE BOOKS — Federal agencies have spent $4.6 Billion on furniture since 2021, despite most employees working from home.pic.twitter.com/54Kla1cD97 — Citizen Free Press (@CitizenFreePres) April 9, 2025
Obama federal judge blocks DOGE from looking for fraud inside Social Security.
Judge temporarily blocks DOGE from accessing sensitive Social Security data In a scathing ruling on Thursday, a federal judge wrote that DOGE “essentially engaged in a fishing expedition at SSA, in search of a fraud epidemic, based on little more than suspicion.” A federal judge on Thursday barred U.S. DOGE Service employees from accessing sensitive …
Senator claims Tiktok extension violates federal law.
WASHINGTON (Reuters) -The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump’s decision to extend a deadline for China-based ByteDance to divest short video app TikTok’s U.S. assets violates the law. Senator Mark Warner also said the reported likely deal under consideration would not meet legal requirements for eliminating ByteDance’s …
Milton Friedman: The Great Depression was Caused by the Federal Reserve Not Tariffs
https://twitter.com/DefiyantlyFree/status/1908567682682675322 Milton Friedman, one of the most influential economists of the 20th century, believed that the Great Depression wasn’t caused by tariffs, stock market crashes, or any external force. It was caused by the Federal Reserve’s disastrous failure to manage the money supply. In fact, Friedman’s perspective on the origins of the Depression turns traditional …
Germany considers withdrawing 1200 tons worth of gold from a US Federal Reserve vault following new tariffs.
Germany is considering removing an enormous stockpile of gold from a vault in New York over worries about Donald Trump’s unpredictable policies. For decades, Berlin has stashed 1,200 tons of its famous gold reserves, the second largest on the planet after those of the United States, in a vault deep underground at the US Federal …
216,000 federal jobs eliminated in March.
Furloughs in the federal government totaled 216,215 for March, part of a total 275,240 reductions overall in the labor force, according to Challenger, Gray & Christmas. The monthly total was surpassed only by April and May of 2020 in the early days of the pandemic when employers announced combined reductions of more than 1 million. …
Attorney General Pam Bondi directs federal prosecutors to seek death penalty for Luigi Mangione
Attorney General Pamela Bondi on Tuesday directed federal prosecutors to seek the death penalty for Luigi Mangione, the man accused of gunning down UnitedHealthcare CEO Brian Thompson in New York City last year. Mangione, 26, was federally charged in December with stalking and murdering Thompson after the CEO was fatally shot on the streets of …
Trump calls on Federal Reserve to cut interest rate ahead of tariff ‘Liberation Day’
High interest rates have been battering consumers for years. And there’s been a lot of pressure on the Federal Reserve to lower its benchmark interest rate, since that should result in lower consumer borrowing costs across the board. But in March, the Fed opted to keep its benchmark interest rate steady. The Fed hasn’t nudged …
$8 billion in federal funding to Harvard ‘under review.’
Three federal agencies announced a review of more than $8 billion in “multi-year grant commitments” to Harvard as part of an ongoing investigation into the University by the Federal Task Force to Combat Antisemitism on Monday. The review — which was launched by the Department of Education, Department of Health and Human Services, and the …
Federal workforce cuts set to impact 800k jobs, causing massive upheaval in agencies
The signs are clear, and they’re downright alarming. The new administration seems set on cutting 25-35% of the federal workforce, which could lead to as many as 800,000 job losses. That’s unthinkable. If this goes through, expect an additional 50 basis points added to the unemployment rate, and that’s before even factoring in the contractor …
Taxpayers are funding 1,500 Zombies, agencies and programs that live on despite expired authorizations, accounting for 8% of federal budget. Cash sucking federal zombies.
In 1974, Congress created the Legal Services Corporation to connect lower-income Americans involved in civil disputes with free legal help. The law that established the agency stipulated that authorization for its funding would expire in 1980, when lawmakers were required to vote on whether to keep it alive. They never did. Still, Congress has funded …
Rep. Thomas Massie has introduced a bill requiring federal candidates to disclose all countries where they hold citizenship.
Thomas Massie has introduced a bill requiring elected officials to reveal whether they hold dual citizenship. He argues that if dual citizens can run for federal office, voters deserve full transparency about their foreign ties. h/t External-Noise-4832
Largest federal transit grant in history fuels costliest rail project ever
Nik Hunder’s research has uncovered alarming trends in the costs of the Red Line Extension (RLE) project, revealing how public transit projects often spiral out of control. Initially, when the CTA pitched this project in 2009, the estimated cost to the Federal Transit Administration (FTA) was a modest $1.09 billion. However, by 2016, that figure …
Trump cuts all federal funding to Planned Parenthood
TLDR: Trump ends federal funding for Planned Parenthood, marking a pro-life victory. Taxpayers no longer forced to subsidize an abortion-driven organization. Planned Parenthood’s misleading “healthcare” narrative exposed as a cover for abortion. Biden-Harris funneled funds into Planned Parenthood; Trump dismantles that system. States can still fund it, but federal dollars won’t bankroll abortion advocacy. A …
Speaker Johnson floats eliminating federal courts…
WASHINGTON — Facing pressure from his right flank to take on judges who have ruled against President Donald Trump, Speaker Mike Johnson, R-La., on Tuesday floated the possibility of Congress eliminating some federal courts. It’s the latest attack from Republicans on the federal judiciary, as courts have blocked a series of actions taken by the …
Social Security surge adds to fiscal crisis with 20,000 new recipients daily. Interest payments set to surpass $7 trillion, dwarfing federal revenue
The United States is running on borrowed time—literally. The national debt now sits at a staggering $36.7 trillion, and every single day, another $8 billion is piled on. That’s not a typo. Eight billion dollars a day. This isn’t just bad bookkeeping; it’s a slow-motion catastrophe. Right now, the country is paying $2.4 trillion in …
Elon Musk pushes for 80% federal government cuts; FBI Director Kash Patel to fire 1,000 ATF agents
Elon Musk wants to cut 80% of the federal government according to Howard Lutnick. — Financelot (@FinanceLancelot) March 23, 2025 This is huge, I has to ask Grok for more details: *Reports indicate that FBI Director Kash Patel, who is also serving as the acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives …
Minneapolis mayor breaks federal law.
Minneapolis Mayor Jacob Frey spoke at a town hall hosted by Ilhan Omar Thursday night, during which he said the city will continue to be a “safe haven” for undocumented immigrants and the transgender community.
19 Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems
by Michael Most Americans have absolutely no idea how we got into the mess that we are in today. The reason why the U.S. government is 36 trillion dollars in debt and our society as a whole is 102 trillion dollars in debt is because the system is performing exactly as it was designed. We have a …
Federal Judge blocks Trump ban on transgender service members. Next stop is DC court of appeals.
A federal judge has indefinitely blocked President Donald Trump’s ban on transgender service members, dealing a major defeat to a controversial policy the president resurrected from his first term. In a scathing ruling, US District Judge Ana Reyes said the administration cannot enforce the ban — which was set to take effect later this month. …