Is The Bond Market About To Break Washington

Chief Justice Roberts Says US Supreme Court Is Not Political Authored by Matthew Vadum via The Epoch Times, Chief Justice John Roberts said on May 6 that U.S. Supreme Court justices are not “political actors.” Roberts’s comments came at a conference in Hershey, Pennsylvania, attended by judges and attorneys from the jurisdictions covered by the U.S. Court of Appeals for the Third Circuit. That circuit encompasses Pennsylvania, New Jersey, Delaware, and the U.S. Virgin Islands. Although some of the high court’s decisions may be unpopular, they are based exclusively on the law, he...

Trump Issues Letter Rejecting Congressional Oversight For War, Citing Ceasefire Has 'Terminated' Hostilities Summary Trump submits letter to Congress at 60-day mark: ceasefire 'terminated' hostilities & so doesn't need authorization, he argues. US Treasury goes after Hormuz payment fees, sanctioning  three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'. White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Trump on Friday rejects Iran's latest revised proposal to...

Utility Profits In The Crosshairs Amid Affordability Concerns By Herman Trabish of UtilityDive,Last month, protesters angry over high electricity costs disrupted a Las Vegas conference of executives for the nation’s biggest investor-owned utilities — a vivid example of growing public outrage that has forced the industry to again defend their legally guaranteed profit margins.  As affordability concerns increase political pressure, several states have taken steps to lower utilities’ return on equity, either through regulatory or legislative action. Consumer advocates say these measures are long overdue, while utilities say suppressing their ROE...