Futures Slide As Oil Jumps On Ceasefire Setbacks, Nasdaq In Danger Of Ending 13-Day Streak

House Effort To End Trump's Iran War Fails By One Vote: Guess The Lone GOP Dissenter Two parallel war-related votes in the House and Senate reveal growing dismay and political fractures over President Trump's Iran war, as the Strait of Hormuz remains locked down and ceasefire still seems distant. The Republican-controlled House voted Thursday to reject a resolution ordering the White House to end the war with Iran, as Memorial Day approaches and Americans are anxious over gas prices and general rising costs at the grocery store. The vote was 213-214, almost entirely...

The Case Against Federal Reserve Independence Authored by Alexander William Salter via AmericanMind.org, It’s illegal in theory and ineffective in practice. The independence of the Federal Reserve System has become a major source of public controversy. As political leaders signal dissatisfaction with monetary policy, officials and commentators rush to defend the central bank’s insulation from democratic pressure. We are told, as if it were self-evident, that central bank independence is a pillar of sound economic governance. But this confidence is misplaced. The economic case for central bank independence is far weaker than its defenders suggest. And the constitutional case is weaker still. Start...

Buried For 7 Years: Declassified Transcripts Blow Up Trump Impeachment Story In a long-awaited release that sent ripples through Washington on Monday, the House Permanent Select Committee on Intelligence (HPSCI) has declassified closed-door 2019 transcripts from briefings with then-Intelligence Community Inspector General (ICIG) Michael Atkinson. The documents, withheld from the public for over seven years, reveal critical details about the anonymous “whistleblower” whose complaint about President Trump's phone call with Ukrainian President Volodymyr Zelensky triggered Trump's first impeachment - details that directly contradict the narrative of a neutral, non-partisan civil...