Warsh’s $226 million fortune under scrutiny as Fed nominee faces Senate confirmation

Kevin Warsh heads into his Senate confirmation hearing Tuesday morning vying to be the richest-ever chair of the Federal Reserve amid mounting questions over his sizable financial portfolio. Newly released disclosures reveal the extent of Warsh’s wealth but leave key portions of his holdings unclear, which could complicate his path toward confirmation since the position … Read more

Indicted Democrat Sheila Cherfilus-McCormick refuses to resign as expulsion vote looms

Rep. Sheila Cherfilus-McCormick, D-Fla., may be running out of road as Republicans lay the groundwork for an expulsion vote as soon as Tuesday. The House Ethics Committee will hold a hearing Tuesday afternoon to formally recommend punitive action against the embattled lawmaker. Rep. Greg Steube, R-Fla., has vowed to force a vote on Cherfilus-McCormick’s expulsion … Read more

FBI’s Kash Patel Sues The Atlantic for $250M Alleging Defamation

FBI director Kash Patel filed a lawsuit seeking $250 million against The Atlantic Monthly Group for what he calls “a sweeping, malicious and defamatory hit piece.” On April 17th, The Atlantic reported that “bouts of excessive drinking” affected Patel’s ability to serve as director and cited anonymous sources described as “more than two dozen people… … Read more

FBI Investigates Deaths and Disappearances of 10 US Scientists

Members of Congress are being briefed after at least ten American scientists, all with ties to United States nuclear or space research programs, have died or disappeared. The House Oversight Committee says it will investigate the string of incidents, writing, “If the reports are accurate, these deaths and disappearances may represent a grave threat to … Read more

Labor Sec. Lori Chavez-DeRemer Resigns Amid Misconduct Probe

Labor Secretary Lori Chavez-DeRemer has resigned whose tenure has been marred by multiple allegations of misconduct, including an investigation into whether she pursued a romantic relationship with a subordinate. She has denied any wrongdoing. This marks the third cabinet member to depart during President Donald Trump’s second term.

Warsh faces high-stakes Senate confirmation hearing to lead world’s most powerful central bank

Kevin Warsh, President Donald Trump‘s pick to lead the Federal Reserve for the next four years, heads into a high-stakes confirmation hearing Tuesday with lawmakers on Capitol Hill set to scrutinize his views on inflation, independence and the Fed’s role. The hearing comes as the Federal Reserve faces mounting political, legal and economic pressure, making … Read more

Why is the Maga project teetering? Because not even Trump supporters voted for this dysfunction | Moira Donegan

The president’s fixation on culture-war grievances is a colossal misreading of voters who just want prices to come down. He has forgotten why he was re-elected In a carefully coordinated publicity stunt last week, Donald Trump received a McDonald’s takeaway order from delivery driver Sharon Simmons, a 58-year-old grandmother of 10 from Arkansas. Simmons, a … Read more