News Syndicates

Pence Formally Announces 2024 Presidential Run

Former Vice President Mike Pence entered the 2024 presidential race on June 7 with a video announcement released on Twitter and drenched in religious language and references to the Republican glory days of the 1980s. By doing so, the Indiana native staked his ground as the candidate representing religious faith and the can-do optimism of the Ronald Reagan era. “I...

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Binance Lawsuit Triggers $700M in Withdrawals

The Securities and Exchange Commission (SEC) lawsuit against crypto platform, Binance, triggered over $700 million in withdrawals as crypto traders continued to face losses. The SEC filed 13 charges against Binance and its CEO, Changpeng “CZ” Zhao, for allegedly participating in an “extensive web of deception” to mislead customers and evade federal regulatory laws. The case against the troubled crypto platform will...

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TikTok Code Worked on From China

Software developers based in China are writing the code for TikTok, triggering concerns that the Chinese Communist Party (CCP) can access the data of more than one billion users worldwide, as well as force staff to silence dissenting voices, elevate pro-communist narratives, and sow seeds of division in democracies. A code sample seen by the Australian Financial Review shows that...

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Jim Jordan, Judiciary Committee Press Garland for Answers on FBI Investigations

Jim Jordan (R-Ohio), chairman of the House Judiciary Committee, is building on his reputation as a tenacious legislator who aggressively chases information and holds government officials to task. Spearheaded by Jordan, the committee is looking into FBI actions that Republicans contend are misdeeds and improper conduct aimed at derailing Donald Trump’s campaigns for president.   To that end, the committee is investigating...

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Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained

“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40 percent of GDP—not good, but...

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House Judiciary Subcommittee Hearing on ‘Government Litigation and the Need for Reform’

The House Judiciary Subcommittee on the Constitution and Limited Government holds a hearing on Government Litigation and the Need for Reform at 2:00 p.m. ET on June 6 to “examine and expose how different aspects of government litigation require reform due to rampant and far-reaching misuse.” Witnesses include Kirby West, attorney, Institute for Justice; Andrew Grossman, partner, Baker Hostetler; John...

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Twitter’s New CEO Linda Yaccarino Logs First Day in Role

Twitter’s new Chief Executive Officer Linda Yaccarino has begun her role at the social media company, she said in a tweet late on Monday, about a month after Elon Musk named her as the new CEO. “It happened—first day in the books!” she posted on Twitter, without providing further details. Yaccarino, the former advertising chief at NBCUniversal, is taking over...

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US Ignorant of Investment Fund Portfolio in China: Expert

The United States is unaware of the scope of its investment fund in China that is funding possibly harmful Chinese military and civilian technologies, according to Derek Scissors, a senior fellow at the American Enterprise Institute. According to Scissors’s report titled “What to Do About American Investment in China,” almost $800 billion in U.S. investments poured into China from 2016 to...

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FBI ‘Afraid’ Informant in Biden Bribery Scheme Could Be Killed If ‘Unmasked’: Rep. Luna

Rep. Anna Luna (R-Fla.) said on Monday that the Federal Bureau of Investigation (FBI) is afraid their confidential informant on an alleged criminal bribery scheme involving President Joe Biden and his family will be killed if their identity is revealed. “Just left meeting for House Oversight. The is afraid their informant will be killed if unmasked, based on the info...

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Queensland Liberal-Nationals’ Impotence on Full Display With Support for Treaty Bill

Commentary In May, with the support of the opposition and the left-wing Greens, the Queensland state Parliament adopted the Path to Treaty Act 2023. Although media outlets and opinion pages have been saturated with stories about “The Voice” and Indigenous claims to sovereignty, there has been little discussion of this potentially divisive Queensland legislation. Unsurprisingly, the long-serving Labor premier, Annastacia...

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Trucking Companies Brace for California’s Electric Mandate

Logistics companies are scrambling to meet California’s upcoming Jan. 1, 2024 mandate that all new trucks purchased for servicing ports, rail yards, and distribution centers in the state be zero-emission vehicles, with experts questioning limited access to charging stations and the viability of switching from diesel to electric fleets. Availability of electric semi-trucks is a concern, as is the price...

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Japan at the G-7 Gets Its Way on China

Commentary A few weeks ago, a column in this space described Japanese Prime Minister Fumio Kishida’s hopes for the G-7 meetings in Hiroshima. He wanted those powerful economies—Canada, France, Germany, Italy, his own Japan, the United Kingdom, and the United States—to counter Beijing’s unfair and often bullying trade practices. He seems to have got what he wanted. Those assembled in...

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