Washington DC, the FED Chair goes rogue during an interview for 60 Minutes, Federal Reserve Chair Jerome Powell underscored the urgency of addressing the United States’ escalating national debt, which currently stands at over $34 trillion and continues to rise. Powell emphasized the unsustainable fiscal trajectory of the U.S. federal government, noting that the debt is growing at a faster pace than the economy.
Davos Switzerland, “There are three reasons why Trump won’t reclaim the presidency, and the first is the prevailing belief here that he’s poised for a comeback,” Anthony Scaramucci, the former Trump aide turned critic, shared with Semafor’s Ben Smith this week. The U.S. presidential election officially commenced on the same day as the circus known as the “World Economic Forum” began, quickly becoming a constant topic of discussion among attendees .
Washington DC, Defense Secretary Lloyd Austin’s recent hospitalization, shrouded in secrecy and with delayed notifications to key officials, has triggered criticism and calls for transparency on Capitol Hill. The 70-year-old Austin’s admission to the hospital on January 1, following an undisclosed elective medical procedure, has raised questions about the Pentagon’s handling of the situation. Both Republicans and Democrats are demanding answers regarding the delayed disclosure and the potential impact on the chain of command.
New York NY, Judge Sidney H. Stein, of the Southern District of New York slated to oversee the bribery trial involving U.S. Sen. Bob Menendez, has rejected the defense’s plea to postpone the commencement of jury selection from May to July, as reported by the Associated Press on Thursday.
Ridgewood NJ, a recent AP-NORC survey conducted shortly after the removal of former House Speaker Kevin McCarthy found that a significant 78% of U.S. adults believe the country is moving in the wrong direction. In contrast, only 21% expressed the belief that the U.S. is heading in the right direction. This represents a decline from a month earlier when 75% of Americans thought the country was on the wrong track, compared to 25% who believed it was headed in the right direction. The poll reflects the most negative sentiment about the country’s direction since May, coinciding with the time of the debt ceiling crisis. President Biden received a net job approval rating of 38% and a net disapproval rating of 61%. Furthermore, a net 54% of respondents viewed President Biden unfavorably, while 42% viewed him favorably. These results demonstrate a widespread sense of dissatisfaction with the country’s current trajectory.
Mendham Borough NJ, Christine Serrano Glassner, the frontrunner for the GOP nomination to challenge Senator Bob Menendez (D-NJ), issued the following statement today in response to the Hamas rocket attack that killed at least 40 Israelis and injured hundreds more:
Washington DC, the Securities and Exchange Commission today announced that Clear Channel Outdoor Holdings Inc. agreed to pay more than $26 million to resolve charges that it bribed Chinese government officials to obtain outdoor advertising contracts in violation of the Foreign Corrupt Practices Act (FCPA).
Washington DC, U.S. Senator Cory Booker (D-NJ) on Tuesday morning said he wants his colleague, U.S. Senator Bob Menendez (D-NJ), to resign. The statement from New Jersey’s junior senator represents a change on the federal scene, where Menendez’s fellow caucus members have been reluctant to cast a stone at the indicted New Jerseyan:
Washington DC, Fitch Ratings downgraded the United States’ long-term foreign currency issuer default rating to AA+ from AAA on Tuesday, pointing to “expected fiscal deterioration over the next three years,” an erosion of governance and a growing general debt burden.
Ridgewood NJ, as the 2024 election shapes up as a rematch between President Joe Biden and former President Donald Trump, a large percentage of voters think the country is doomed if their preferred candidate loses.
Washington DC , according to one recent public poll, a majority of those sampled believe the government may be covering up the truth about UFOs. Now the The House Oversight Committee will hold a hearing on unidentified aerial phenomena, often called “UAPs” or “UFOs,”
Washington DC, a new Pew poll shows public trust in politicians is near an all-time low. Only one in four Americans “trust that the government will do what is right” most of the time. This trust meter is at or below the level of any time since the 1950s. Americans are less trusting of the political class today that at the height of Watergate when Tricky Dick occupied the White House.