Feds Charge Sinaloa's Governor, Senator, Mayor, & Other Top Officials With Running A Narco-State

Trump Says Iran Violated Ceasefire With Hormuz Drone Attack On Cargo Ship Update (11:55am ET): While today's announcement by Dubai that the UAE was under missile attack proved to be a false alarm, the US ceasefire it nonetheless becoming increasingly unstable. Following yesterday's attack by Iran drones on a cargo ship next to Oman, we were wondering how long until Trump responds (and how), and he did just that moments ago when he posted on Truth Social that Iran shoting "at least four One Way Attack Drones at Ships transversing the...

Court Denies SBF's Last-Ditch Effort To Toss Conviction, Leaving Trump As His Only Hope FTX co-founder Sam Bankman-Fried will remain in PMITA prison for the foreseeable future, after a federal appeals court rejected a hail-mary attempt to overturn his fraud conviction and 25-year prison sentence on the grounds that he didn't receive a fair trial.  A three-judge panel on Friday unanimously refused to toss his 2023 guilty verdict, which SBF's attorneys argued was tainted by improper evidentiary rulings and a biased judge - which is hilarious because Judge Lewis Kaplan is...

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...