"Everything About This Market Is Wild": European Diesel Futs Top $200 As Global Scramble Accelerates

BLM Activist Ordered To Pay Back $224,000 In COVID Relief Funds, Donations Authored by Jill McLaughlin via The Epoch Times, A Black Lives Matter activist in Boston was ordered on March 23 to pay back more than $224,000 in pandemic relief funds and donations to her nonprofit. Monica Cannon-Grant, 44, pleaded guilty last fall to multiple fraud charges and filing false tax returns. She was sentenced to serve six months of home confinement, 100 hours of community service, and four years of probation. Federal District Court Judge Angel Kelly in Boston set the...

Trump Issues Letter Rejecting Congressional Oversight For War, Citing Ceasefire Has 'Terminated' Hostilities Summary Trump submits letter to Congress at 60-day mark: ceasefire 'terminated' hostilities & so doesn't need authorization, he argues. US Treasury goes after Hormuz payment fees, sanctioning  three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'. White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Trump on Friday rejects Iran's latest revised proposal to...

Fed Independence Is Sacred... Or So We've Been Told Authored by Richard Roberts via RealClearMarkets.com, For the better part of a year, many had become convinced that the Federal Reserve's independence was in its final days. The narrative rested on two prongs. First, an FOMC browbeaten by relentless public attacks, threats of removal, and a Justice Department criminal probe into Chair Jerome Powell. The pressure, many argued, had grown so intense that Fed decisions would no longer be trusted to reflect economics rather than politics. Second, a new chair expected to arrive in May...