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Johnson Caves To Thune On DHS Funding: Accepts Senate's Partial Bill That Ditches Voter ID, Leaves ICE Out In The Cold
Johnson Caves To Thune On DHS Funding: Accepts Senate's Partial Bill That Ditches Voter ID, Leaves ICE Out In The Cold
In a clear concession announced April 1, 2026, House Speaker Mike Johnson (R-LA) yielded to Senate Majority Leader John Thune (R-SD) and agreed to advance the Senate-passed bill funding most of the Department of Homeland Security (DHS) - explicitly excluding ICE and key CBP enforcement operations - while moving long-term immigration enforcement and border security funding to the partisan reconciliation process.
This is the same bill that Johnson and House R's rejected...
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Apr 28, 2026 / Ron Paul
Hope for America
Last weekend my Institute for Peace and Prosperity hosted another conference here on the Texas Gulf Coast. Not only did we have a full house attending the conference – which is in a way the most important thing – but in this era of profound disappointment and disillusionment, we struck a note of optimism thankfully […]
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Mar 27, 2026 / Tyler Durden
Asia Begins Pricing US Oil Against Brent As Dubai Volatility Spikes
Asia Begins Pricing US Oil Against Brent As Dubai Volatility Spikes
Submitted by Michael Kern of OilPrice.com
Asian refiners have started pricing their orders for U.S. crude oil against the ICE Brent benchmark instead of the typical pricing on Dubai crude, as the Middle Eastern benchmark has seen wild fluctuations amid choked physical supply from the Persian Gulf.
Dubai crude prices soared last week to an all-time high of $169.75 per barrel, and were around $130 a barrel early on Friday.
These highly volatile prices and the uncertainty about supply from the Middle...
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Apr 15, 2026 / Tyler Durden
Foggy, Foggy War
Foggy, Foggy War
By Michael Every of Rabobank
With US stocks up, the Nasdaq with its longest winning streak since 2021, and screen oil down for a second day in a row, markets continue to price the starkly binary physical outcomes smack in front of us on the side that’s full of stardust.
The IMF just warned of a potential world recession ahead if Hormuz stays shut. Its latest three global growth scenarios are ‘weaker’, ‘worse’ and ‘severe’ - “because markets”, and politics, the Fund chose the most benign as its base...
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