U.S. Potentially Facing New Era of High Interest Rates

Fed Chair Jerome Powell

The United States could be facing an era of prolonged high interest rates unlike anything seen in recent memory.

According to Axios, a number of major factors indicate that high interest rates could be the new norm in the U.S., including the movement of rates, the rate of inflation, and the recent outlook for the Federal Reserve’s policy in addressing these issues.

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Biden Vows to Block Foreign Acquisition of Iconic American Company

President Joe Biden

President Joe Biden promised on Wednesday to block the acquisition of U.S. Steel by a Japanese competitor in remarks to a crowd in Pittsburgh, Pennsylvania, made up of unionized steelworkers.

The Japanese Nippon Steel Corporation, the fourth-largest steel producer, first announced that it would be acquiring U.S. Steel in December for around $14.9 billion after turning down other offers, including from American steel company Cleveland Cliffs. The president, in his remarks, emphasized the importance of the American steel industry and called out China for subsidizing their own steel producers.

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Former D.C. National Guard Officials Criticize Pentagon Leadership in Assessment of J6 Response

Command Sergeant Major Michael Brooks

Four former D.C. National Guard officials turned whistleblowers excoriated military leadership for their response to the January 6 riot at a hearing held by the House Administration Subcommittee on Oversight Wednesday.

Based their firsthand accounts, they said that senior leadership failed to act decisively to authorize the deployment of the D.C. National Guard to the Capitol and subsequently crafted a misleading narrative about their actions that day to paper over the delays.

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Ellison Faces Scrutiny for Use of San Francisco Firm on Lawsuit Against Energy Companies

Keith Ellison

A trio of Republican lawmakers are asking Attorney General Keith Ellison to provide the public with more details on his office’s contract with a San Francisco-based law firm hired to aid in an ongoing climate change-related lawsuit against three major oil companies.

Sens. Mark Koran and Andrew Mathews, and Rep. Jim Nash sent Ellison a detailed letter last week that claims the law firm, Sher Edling, LLP, has received more than $13 million from special interest organizations outside of Minnesota to help fund its climate litigation efforts, including the one ongoing in Minnesota. And they want Ellison to provide the public with “a complete accounting of who is providing financial support for Sher Edling’s work on the Minnesota case.

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Commentary: Uncomfortable Facts About Why Fatal Police Shootings Aren’t Declining

Police arresting suspects

When Dexter Reed died in a shootout with Chicago police on March 21, the incident was quickly grafted onto a narrative that began in 2014 after a policeman killed Michael Brown in Ferguson, Mo. – namely, that the U.S. faces an epidemic of violence by unbridled cops who do not believe black lives matter. “Killing of Dexter Reed raises questions about Chicago police reform. ‘The message is, go in guns blazing,'” blared a headline in the Chicago Sun-Times.

Reed’s death joins a long list of police shootings that have received wide media coverage and political scrutiny – especially those involving African Americans. Over the years, many police departments embraced reforms, including the use of bodycams, to document incidents – an effort bolstered by a public eager to use smartphones to record the behavior of cops. In 2015, the Washington Post created a database logging every person shot dead by police in the U.S.

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Electric Vehicle Maker Launches Another Round of Layoffs as Demand Slows

Rivian factory

Electric vehicle (EV) manufacturer Rivian announced its second round of layoffs just this year on Wednesday as consumer demand for EVs stalls.

The layoffs at Rivian will affect around 1 percent of the company’s staff as they continue to look for ways to cut costs to bolster struggling profits due to less-than-expected EV sales, the company confirmed to the Daily Caller News Foundation. Rivian announced in February that it was laying off 10 percent of its workforce after it released its 2024 production forecast, which was well below analyst expectations, according to Reuters.

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Music Spotlight: Presley Tennant

Presley Tennant

One thing I have learned about TV singing shows is that the finalists are nearly always as good (if not better) as the actual winner. So, I try to interview as many country singers from these shows as possible.

Presley Tennant is a powerhouse singer from Norco, California, a horse town that is 35 miles east of Los Angeles. She was a finalist on Season 16 of NBC’s The Voice in 2019 when she was just 16. She has often been compared to Whitney Houston and Carrie Underwood.

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Kennedy Family to Endorse Biden for 2024 in Blow to RFK Jr.

Robert F. Kennedy Jr.

Members of Robert F. Kennedy Jr.’s family are set to support President Joe Biden’s 2024 campaign on Thursday rather than endorsing the independent candidate, according to multiple outlets.

The endorsements follow Biden’s campaign and the Democratic National Committee (DNC) ramping up efforts to combat what they view as the threat Kennedy and other third-party candidates could have on the president’s reelection bid. Kennedy’s siblings — Kerry, Rory, Joseph, Kathleen, Christopher and Maxwell — will throw their support behind Biden at a campaign event in Philadelphia alongside nine of their other family members, multiple outlets reported.

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Commentary: The Trans Reckoning Is Not Yet Here — But It’s Coming Soon

Group of trans organizers in the street

Over at Compact magazine on Tuesday, Nina Power wrote “The Trans Reckoning Is Here,” and, as evidence, she cited a report by a British pediatrician named Hilary Cass written for the National Health Service that upturned the faux-scientific basis on which that country has embarked on normalizing “gender-affirming care.”

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Scottish Gender Clinic Stops Prescribing Puberty Blockers for Minors

NHS Scotland

A Scottish gender clinic for minors announced Thursday that they would no longer be prescribing puberty blockers for patients under the age of 18.

The Sandyford Sexual Health Services to Paediatric Endocrinology, which is the only clinic in Scotland that prescribes puberty blockers for minors, said that it would not be accepting new 16 and 17-year-old patients for hormone therapy until they turn 18, according to the announcement. The clinic cited the National Health Service (NHS) of England’s decision in March to ban puberty blockers for minors and the publication of the Cass Review on April 10, which found “weak evidence” for giving puberty blockers to children.

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China Lobbying Congress amid TikTok Ban Efforts

iPhone with TikTok app logo

The Chinese Communist Party (CCP) has been secretly attempting to lobby members of Congress over recent proposals to ban the Chinese-owned social media app TikTok.

As reported by Breitbart, employees of the Chinese Embassy have been meeting with congressional staffers to try to persuade members to vote against the bill that would force the Chinese company ByteDance to sell TikTok, or else face an indefinite ban on the app’s use in the United States. The bill passed in the U.S. House of Representatives in March with bipartisan support, and is now being reviewed by the Senate.

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