Kevin Warsh Cleared By Senate For 14‑Year Fed Board Seat

Chinese Supertanker Sails Out Of Hormuz In Rare Exit As president Trump was on his way to China, a Chinese tanker appears to have exited the Strait of Hormuz as it sails toward an area where the US has enforced a blockade, ahead of talks between US President Donald Trump and counterpart Xi Jinping, Bloomberg reported today, citing ship-tracking data showing the VLCC moving south along the eastern side of the chokepoint. The supertanker which sailed past Iran’s Larak island, and into the Gulf of Oman, is Yuan Hua Hu, owned by Cosco, and...

Mamdani Turns City Hall Into A Socialist Union-Organizing-Machine New York City has established a government office to assist worker in unionizing, following an executive order announced by Mayor Zohran Mamdani on Labor Day. The Mayor’s Office of Worker Power aims to help workers “get informed, connected and organized” to facilitate union formation. City Hall has not yet released information on the office’s budget or staffing levels, both of which are important considerations when creating a new government entity.  "Every day, working New Yorkers show up, do their jobs, and keep this...

Trump Taps Housing Regulator Bill Pulte As Acting Director Of National Intelligence President Trump said Tuesday that he is appointing Bill Pulte, the director of the Federal Housing Finance Agency and chairman of Fannie Mae and Freddie Mac, to serve as acting director of national intelligence after Tulsi Gabbard leaves the post. Gabbard announced her resignation on May 22, citing her husband Abraham Williams’ recent diagnosis with a rare form of bone cancer. Her resignation is effective June 30, meaning Pulte’s appointment would mark a change from Trump’s earlier statement that...