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Fed Chair Pick Warsh Approved By Key Senate Committee Along Party Lines

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...
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Apr 24, 2026 / Tyler Durden
FDA Grants Quick Review Psychedelic Drugs, First Approvals Could Come As Soon As Summer
FDA Grants Quick Review Psychedelic Drugs, First Approvals Could Come As Soon As Summer The FDA announced new steps to speed up research on psychedelic treatments for serious mental health conditions, following an executive order from President Donald Trump directing agencies to expand access to emerging therapies, CNBC and NBC reported this morning: In a press release Friday, FDA commissioner Marty Makary said the medications “have the potential to address the nation’s mental health crisis, including conditions like treatment resistant depression, alcoholism and other serious mental health and substance abuse conditions.”...
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Apr 15, 2026 / Tyler Durden
Tax Freedom Day Underestimates How Long You Work For The Government
Tax Freedom Day Underestimates How Long You Work For The Government Authored by Jonathan Newman via The Mises Institute, Tax Freedom Day, calculated by the Tax Foundation, “represents how long Americans as a whole have to work in order to pay the nation’s tax burden.” It appears that they stopped publishing this in 2019, but others have picked up where they left off. The idea is that the income earned by taxpayers over a certain proportion of the year goes to Uncle Sam. In 2025, that date was April 16th. But the burden of government...
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Feb 15, 2026 / Dave DeCamp
Iran’s Deputy Foreign Minister Says Ball Is in US Court To Reach a Deal
Iran’s deputy foreign minister said in an interview published on Sunday that Tehran is ready to make compromises to reach a nuclear deal with Washington, but that any agreement hinged on whether the US is serious. Iranian Deputy Foreign Minister Majid Takht-Ravanchi told the BBC that the ball was “in America’s court to prove that […]
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