Warsh’s Concerning Interest in Redefining “Inflation”

Two Tankers On Fire Off Oman As IRGC Boasts Of Naval Mine Warfare On Tuesday the UK Maritime Operations Centre has reported a new incident around 121 nautical miles east of the Omani coast. The UKMTO announced the vessel was "subject to interaction as part of ongoing military activity in the region" at around 10am GMT. Regional reports say two tankers are on fire. But Tehran is boasting of a fresh sea mine attack, amid daily ramped-up assaults on international shipping as it tries to hold on to leverage over the...

Treasury Appointees Push To Put Trump's Face On A Brand-New $250 Bill Two political appointees at the Treasury Department spent months pressing Bureau of Engraving and Printing staff to develop prototypes for a $250 bill bearing Donald Trump's portrait, even as bureau officials repeatedly warned them the project had no legal foundation and could take nearly a decade to execute properly, the Washington Post reports. U.S. Treasurer Brandon Beach and senior adviser Mike Brown, both political appointees, began pushing bureau staff last year to prepare designs for the note. Beach handed...

The Appearance Of 'Action': Britain's Navy Docked At Gateway To Mediterranean For Hormuz Mission Is Washington's ally the United Kingdom making preparations to 'do more' related to the Iran crisis at the behest of President Trump?  New reporting in The Associated Press suggests so. But the new Monday report also points to the UK possibly just making an appearance of action: "Aboard the RFA Lyme Bay docked off the coast of Gibraltar, hundreds of British sailors are waiting to be deployed for a mine-clearing mission to the Strait of Hormuz that...