This is NOT a surprise.... Fed raises interest rate for the Big banks .25%... They admit their efforts on Inflation are NOT doing that good.... Update... Federal Reserve officials raised interest rates by a quarter-point on Wednesday as they tried to balance two … [Read more...] about FED interest rate raised .25%
the Economy
Treasury Sec….Govt. WILL make sure bank deposits are safe….
President Biden didn't want to say it out loud... But? The Government WILL 'bail' out the banks if need be..... Treasury Secretary Janet L. Yellen expressed confidence in the nation’s banks on Tuesday but said she was prepared to take additional action to safeguard … [Read more...] about Treasury Sec….Govt. WILL make sure bank deposits are safe….
Ukraine Update…390 days into the Russian move on the Ukraine…The China angle…
Is the Chinese leader flexing on Russia leader Putin? Putin can't get what he wants from his Ukraine move? Bogged down..... The Russian President NEEDS friends... Under Xi, Beijing has deployed an increasingly assertive foreign policy focused on countering what it sees … [Read more...] about Ukraine Update…390 days into the Russian move on the Ukraine…The China angle…
President Biden’s first Veto….
It involves retirement investment choices.... But the move by lawmakers would affect other moves by the Biden admin to set policy... President Joe Biden issued the first veto of his presidency Monday on a resolution to overturn a retirement investment rule that allows managers … [Read more...] about President Biden’s first Veto….
Sen. Warren goes after Fed Chair Powell….
Ole' Jerome at the Federal Reserve has NO friends .... Interest increases and bank problems ain't helping his rep.... And now he has the Massachuttes US Senator on his case? She wants his job.... Sen. Elizabeth Warren (D-Mass.) slammed Federal Reserve Chair Jerome … [Read more...] about Sen. Warren goes after Fed Chair Powell….
Prime Minister Rishi Sunak gives the Brits a Reality Check….
The New York Times does a piece on the new British Prime Minister a look and find's the coun tries first leader of colour moving past the Boris Johnson a'la Donald Trump policies.... Prime Minister Rishi Sunak of Britain has mothballed his predecessors’ projects, large and … [Read more...] about Prime Minister Rishi Sunak gives the Brits a Reality Check….
Iraq….20 Years after the US stepped in…..
The New York Timnes gives a view of the complex situation in the country.... A place that has US and other nation's Spec Op's troops still working with the Iraqi's against ISIS .... As Iraq marks the 20th anniversary on Monday of the American-led invasion that toppled the … [Read more...] about Iraq….20 Years after the US stepped in…..
Senate Republicans to go after Biden loan forgiveness policy….
They don't have the votes to actually do anything... But any effort would be to get political gains with those who are against ANY forgiveness from the Trump and Biden policy... If enacted? It would throw the Education Dept. onto a Florida like sitauation where almost … [Read more...] about Senate Republicans to go after Biden loan forgiveness policy….