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The controversy surrounding Justice Clarence Thomas failing to disclose paid vacations, gifts and real estate transactions involving GOP megadonor Harlan Crow shows no signs of abating. And now a report claims the real estate developer paid thousands of dollars in boarding school tuition for Thomas’ great-nephew. Democrat lawmakers are calling for Thomas to be investigated…
Senate Democrats want to hold back some Supreme Court funding until the justices create what’s described as a “clear and enforceable” code of ethics. In a letter to the Appropriations Committee, 15 Democrats asked that $10 million in funding be withheld until the justices comply with Congress’ demand. “Congress has broad authority to compel the…
For the 10th time since early 2022, the Federal Reserve opted to hike rates to fight inflation. The quarter-percentage-point hike announced Wednesday, May 3, puts the interest rate target range between 5% and 5.25%, the highest since 2007. The latest rate hike falls in line with the Open Market Committee’s projection of a 5.1% effective…
A manhunt in Texas for the person police say is responsible for shooting and killing five people is now in custody. And a McDonald’s franchise in Kentucky is busted for child labor violations. These stories and more highlight the daily rundown for Wednesday, May 3, 2023. Texas shooting suspect captured after manhunt Authorities caught and…
In part one of this series on the Elk Creek mining project, Straight Arrow News discussed the significance of the minerals that this endeavor aims to collect, why they are so crucial to U.S. interests and how their supply is largely controlled by foreign adversaries, such as Russia and China. Now, here is a closer…
Move over, Silicon Valley Bank. First Republic Bank is now the second-largest bank failure in U.S. history. Three of the top 30 U.S. banks have now failed in less than two months. The bidding process stretched into the night. Early Monday morning, federal authorities approved JPMorgan Chase’s bid to take over First Republic’s assets. Here…
China is aggressively making moves to conceal the country’s databases, information and secrets from the outside world. This will further close off the Chinese Communist Party from foreign influences and limit transparency on China’s business dealings. The latest revelation comes from the Wall Street Journal. A Shanghai-based financial information provider, Wind Information Co., has begun…
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