Sunday, June 8

Politics

President Joe Biden is reportedly contemplating commuting the sentences of inmates currently on federal death row, as per recent reports by the Wall Street Journal. Sources familiar with the situation indicate that Biden may consider commuting the sentences of “most, if not all” of the 40 men facing execution in…

The Senate’s recent confirmation of President Joe Biden’s 235th federal judge marks a significant accomplishment for the current administration, surpassing the total leveraged by former President Donald Trump during his tenure. This landmark vote, celebrated by Senate Majority Leader Chuck Schumer, underscores the historical context of Biden’s judicial appointments as…

In a decisive move to prevent a government shutdown, the Senate passed a bill early Saturday morning that will extend government operations into March while allocating over $100 billion in disaster relief for states heavily impacted by storms. The legislation, which garnered an overwhelming bipartisan majority with an 85-11 vote,…

On a recent episode of CNN’s “OutFront,” Congressman Eric Swalwell (D-CA) discussed the passing of a government funding bill in the House, emphasizing that it was not an improvement over the original legislation. His primary objective, he noted, was to prevent a government shutdown and ensure that essential workers, such…

Since the initiation of Quantitative Tightening (QT) in July 2022, the Federal Reserve (Fed) has solely focused on draining Overnight Reverse Repurchase agreements (ON RRPs) without affecting reserves. As of recent data, ON RRP balances have significantly declined to $98 billion, marking a notable decrease from the $2.4 trillion peak…

In a recent episode of CNN’s “AC360,” Rep. Jamie Raskin (D-MD) addressed the passage of a government funding bill that followed intense negotiations and political maneuvering. During the discussion, Raskin remarked that, while the funding bill may not align perfectly with initial agreements, it stands as a preferable alternative to…

Editor's Picks

The Container Store, a well-known storage and organizational brand, has recently filed for Chapter 11 bankruptcy, joining other major retail chains such as Party City, Big Lots, True Value, and Rite Aid in making similar decisions amid challenging market conditions. With a workforce of 102 stores across the country, The…