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Obama Appointed Federal Judge Blocks Trump Admin's Anti-DEI Grant Conditions
Obama Appointed Federal Judge Blocks Trump Admin's Anti-DEI Grant Conditions
Via American Greatness,
A federal judge in California has blocked the Trump administration’s push to attach anti-DEI strings to federal grant money. The court ruled this week that the executive branch overstepped its constitutional authority by imposing the conditions on a group of West Coast cities and counties.
Obama-nominated U.S. District Judge William Orrick granted a preliminary injunction Thursday barring the Departments of Homeland Security, Justice and the Interior from enforcing the contested conditions against 11 local governments, concluding in a 68-page order that the restrictions likely run...
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Mar 26, 2026 / Tyler Durden
The 'Blame Game' In Private Credit Begins
The 'Blame Game' In Private Credit Begins
Submitted by QTR's Fringe Finance
This morning I warned (again) this wasn’t a normal market in private credit. It was a liquidity event. And today it’s becoming something else too.
According to the Financial Times, the SEC is now questioning whether Egan-Jones, a small but deeply embedded credit rating agency in private credit, can “consistently produce credit ratings with integrity.” That’s not a routine inquiry. That’s the regulator openly wondering whether one of the key cogs in the machine was ever doing its job properly in the first place....
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Jun 2, 2026 / Dave DeCamp
Trump Insists Negotiations Between the US and Iran Haven’t Stopped
President Trump insisted on Tuesday that the negotiations between the US and Iran have continued despite Iranian media reporting that Iranian officials have cut off the talks, which were being mediated by Pakistan. “Fake News Reports that the Islamic Republic of Iran, and the USA, stopped speaking a few days ago are false and erroneous,” […]
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May 5, 2026 / Tyler Durden
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Summary
Trump employs interesting new term: "We’re in, I call it a mini-war."
Fujairah says 3 injured in Iranian attack on Oil Industry Zone, UAE confirms "air defenses are now dealing with a missile threat", we have gotten reports of explosions in Dubai, which has sent oil higher and Emini futures into the red. UAE threatens retaliation.
CENTCOM hails two US merchant ships exiting Hormuz Strait safely in "first step". Bessent issues remarks warning the US "will fire if fired...
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