Senate Republicans Revolt Against Their Own Leaders

Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...

Fed Independence Is Sacred... Or So We've Been Told Authored by Richard Roberts via RealClearMarkets.com, For the better part of a year, many had become convinced that the Federal Reserve's independence was in its final days. The narrative rested on two prongs. First, an FOMC browbeaten by relentless public attacks, threats of removal, and a Justice Department criminal probe into Chair Jerome Powell. The pressure, many argued, had grown so intense that Fed decisions would no longer be trusted to reflect economics rather than politics. Second, a new chair expected to arrive in May...

Jill Biden's Memoir Sales Appear To Be Manipulated By Bulk Sales Former First Lady Jill Biden's memoir, View from the East Wing, debuted at No. 1 on the New York Times Hardcover Nonfiction bestseller list on June 21. But how much of its sales were genuine sales from interested readers is unclear. Former First Lady Dr. Jill Biden speaks with journalist Paola Ramos (L) at the Sixth and I temple and venue on June 3, 2026 in the Chinatown neighborhood of Washington, DC. while promoting her new book, "View from...