According to a recent survey, public confidence in the banking sector has plummeted since the failure of two major banks earlier this month and the subsequent market turmoil. Just 10% of respondents in a poll released by the Associated Press and the University of Chicago’s NORC Center for Public Affairs Research on Wednesday indicated they
Politics By Brett Rowland (The Center Square) The House Freedom Caucus hit back Wednesday after its budget proposal got the attention of the White House, with members pledging to cut federal spending. “We intend to do what the American people elected us to do and that is to bring fiscal responsibility, fiscal stability to Washington,”
Former Director of National Intelligence John Ratcliffe tore into the Biden administration after reports surfaced that the Mexican military helped seize assets from American company Vulcan Materials. Vulcan Materials alleges that they are engaged in a current conflict that stems from the expiration of a lease by a Mexican multinational building materials company, CEMEX. A
Politics By Casey Harper (The Center Square) Hundreds of thousands of Americans’ personal information is at risk after Medicare’s data was breached. Now, lawmakers want answers. House Committee on Oversight and Accountability Chairman James Comer, R-Ky., and House Committee on Energy and Commerce Chair Cathy McMorris Rodgers, R-Wash., sent a letter demanding a range of
The Center Square By Casey Harper (The Center Square) U.S. Treasury Secretary Janet Yellen said Tuesday that more bank bailouts could be coming. Yellen made the comments as part of her prepared remarks at the American Bankers Association meeting in Washington, D.C. Her comments come after the federal government stepped in to shore up collapsing
The Center Square By Casey Harper (The Center Square) Inflation has outpaced wages for nearly two years, federal data shows. A closer look at federal wage and pricing data shows workers are making less overall as the price for all kinds of goods and services rise faster than average hourly wages. The U.S. Bureau of
Uncle Joe seemed quite proud of himself after he signed his first veto. This is a big moment for the old man since he’s been drooling over the chance to be President for decades. These days he’s just plain drooling due to old age. So what did President Biden opt to shut down from Congress?
Politics By Adam Andrzejewski for RealClearPolicy While many internships in government remain unpaid or offer hourly wages, powerful federal agencies are advertising internships that pay $60,000 and more, according to a Fox News investigation. An IT student trainee at the Federal Deposit Insurance Corporation in San Francisco can make between $66,333 and $131,367 if they are
Economy By Casey Harper (The Center Square) The latest federal inflation data shows consumer prices rose again in February, sparking criticism of President Joe Biden and his spending agenda. The U.S. Bureau of Labor Statistics released the Consumer Price Index Tuesday, which showed consumer prices rose 0.4% in February, totaling up a 6% increase over the previous
The Center Square By Casey Harper (The Center Square) President Joe Biden on Monday promised that taxpayers would not be on the hook to bail out banks that collapsed in recent days, a claim disputed by a host of critics. The federal government decided to take over and back up the banks, allowing depositors to retrieve
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