‘I Would Not Blaze This Unfortunate Trail’: Justice Alito Stands Alone, Expresses Concerns About ‘Sweeping Executive Power’ as SCOTUS Refuses to Stop Biden-Harris Regime’s Open Border Policies

via lawandcrime: Justice Samuel Alito stood alone Friday in opposing the rest of the Supreme Court’s ruling that Texas and Louisiana lacked standing to challenge the Biden administration Department of Homeland Security’s 2021 “Guidelines for the Enforcement of Civil Immigration …

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Swiss National Bank, in guessing, provides liquidity “for purpose” for Credit Suisse’s toxic positions…from my vantage/assessment, “infinite liquidity” would be a closer approximation.

by quad-beep-05 via WSJ: The Swiss National Bank has offered UBS UBS -0.93%decrease; red down pointing triangle Group AG around $100 billion in liquidity to help it take on the operations of Credit Suisse Group AG, according to the people familiar with the matter. Details …

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Six federal regulatory agencies today requested PUBLIC COMMENT on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In particular, the proposed rule would implement quality control standards for automated valuation models (AVMs).

by Dismal-Jellyfish https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230601a1.pdf Under the proposed rule, the agencies would require institutions that engage in covered transactions to adopt policies, practices, procedures, and control systems to ensure that AVMs adhere to quality control standards designed to ensure the credibility and …

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