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Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live
Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live
Fed Chair Warsh (voter) will deliver his first semi-annual testimony as Fed Chair to the House. Warsh’ text was e released at 08:30EDT (link here) and he is scheduled to begin his testimony at 10:00EDT.
In his prepared remarks, Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years.
“The members of our committee have no tolerance for persistently elevated inflation,” Warsh...
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May 8, 2026 / Tyler Durden
Gold, Debt And The Inevitable Global Housing Market Crash
Gold, Debt And The Inevitable Global Housing Market Crash
Authored by Brandon Smith via Alt-Market.us
Maybe the most prominent economic discussion circulating today is the fear that the vast majority of people have been priced out of housing markets for the rest of their lives, regardless of the country they live. Gen Z and even Gen Alpha teens are already planning for a future in which buying a home is impossible. Those that are buying are aiming for cost efficiency and they are buying alone (prioritizing savings and home ownership over...
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May 19, 2026 / Tyler Durden
House Lawmaker Introduces Legislation To Expose CCP Exploitation Of Sister City Agreements
House Lawmaker Introduces Legislation To Expose CCP Exploitation Of Sister City Agreements
Authored by Frank Fang via The Epoch Times (emphasis ours),
A House lawmaker has introduced legislation to prevent foreign adversaries, particularly the Chinese Communist Party (CCP), from exploiting sister city partnerships and jeopardizing U.S. national security.
Rep. Chip Roy (R-Texas) speaks during a campaign event with Republican presidential candidate Florida Gov. Ron DeSantis, in Cedar Rapids, Iowa, on Jan. 14, 2024. Madalina Vasiliu/The Epoch Times
Rep. Chip Roy (R-Texas), who serves on the House Judiciary Committee, introduced the Sister City Transparency...
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Jun 23, 2026 / Tyler Durden
Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet
Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet
Submitted by Tsvetana Paraskova of OilPrice.com
Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments through the Strait of Hormuz.
State-held Kuwait Petroleum Corporation (KPC) has issued a tender to sell naphtha cargoes to be picked up at Kuwaiti ports by buyers, Bloomberg reported on Monday, quoting a tender document it had seen.
The Kuwaiti tender...
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