US Scales Back Venezuela Oil Sanctions

Fed Chair Pick Warsh Approved By Key Senate Committee Along Party Lines The drama over Kevin Warsh's nomination as Trump's pick for next Fed chair appears to be over. Moments ago, Warsh won the backing of the Senate Banking Committee Wednesday in a 13-11 party-line vote, putting him on track to be confirmed by the full Senate before Jerome Powell’s term ends May 15, Bloomberg reproted.  Warsh’s nomination had been held up by Republican Senator Thom Tillis until the Department of Justice agreed last week to drop (for now) a criminal probe...

Senior Trump administration officials told members of Congress during a closed-door briefing on Tuesday that Iran’s Shahed attack drones are a major threat to the US military and that not all of them will be intercepted by US air defenses, CNN has reported. The report said that Secretary of War Pete Hegseth and Chairman of […]

Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada Authored by Daniel Lacalle, Governments are terrible at picking winners and even worse at choosing losers. Net zero and interventionist “Keynesian” policies in Canada and the UK have proven that government intervention has created a worse outcome than anyone would have expected. The result is higher costs, distorted incentives, and weakened productivity growth, with increased dependency on fossil fuels to attend to peak demand, exactly what Austrian economists predicted. What has been sold as a recipe for...