Trump Says Inflation Will Pay Off The $40 Trillion Debt "Very Rapidly"

Taiwan recently signed six arms deals with the US worth about $6.6 billion as the Trump administration is pushing ahead with major weapons sales to the island despite warnings from China. According to Taiwan’s Defense Ministry, the agreements, which include a contract for HIMARS rocket systems, were signed earlier this month by the US’s de […]

Ukraine’s capital city was slammed with Russian missiles, killing 17 people and injuring dozens.  “As of now, 44 people have been reported injured in the massive Russian strike on Kyiv and the Kyiv region. Another 17 people, tragically, were killed. My condolences to their families and loved ones,” Ukrainian President Volodymyr Zelensky posted on X […]

Trump's "Sock Puppet" By Philip Marey of Rabobank Summary The confirmation hearing of Fed Chair nominee Kevin Warsh by the Senate Banking Committee was a very partisan affair. In his prepared remarks, Warsh stressed that monetary policy independence is essential, but he does not believe that the operational independence of monetary policy is particularly threatened when elected officials state their views on interest rates. Warsh thinks the Fed must stay in its lane and avoid straying into fiscal and social policies. Warsh was walking a tightrope between convincing the Senate Banking Committee that he...