Warsh Faces Uphill Battle As FOMC Minutes Show Deeply-Divided Fed Against Easing Bias

“That God, which ever lives and loves,One God, one law, one element,And one far-off divine eventTo which the whole creation moves.” — Alfred Lord Tennyson (1809-1892) When American colonists were oppressed by British monarchs, the word most frequently uttered in pamphlets, editorials and sermons was not “safety” or “taxes”; it was “freedom.” Yet, two intolerable […]

Bessent: US Readies Economic Isolation Of Iran "Like The World Has Never Seen Before" Treasury Secretary Scott Bessent told Newsmax Thursday night that the Trump administration will announce unprecedented economic measures against Iran next week, signaling that a sharp escalation in economic warfare is just ahead as negotiations to reopen the Strait of Hormuz remain stalled. The warning comes as Tehran-linked Houthi rebel forces resume attacks on Saudi Aramco energy infrastructure, raising concerns that the conflict is spreading geographically and pushing Brent crude futures higher. Bessent told Rob Schmitt of...

58% Against, Both Parties Scrambling: Data-Center Revolt Hits The Midterms A "booming backlash" against AI data centers is shaping the midterm election - candidates cutting ads touting their anti-data-center credentials, protesters showing up at campaign events, industry players taking note - which will come as genuinely useful news to anyone who has spent the past year getting their information exclusively from NBC News. The network's framing is that last year's elections in a handful of states revealed the hyperscale buildout as a major tension point up and down the ballot, and...