Saturday, December 20, 2025

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Florida AG Targets JPMorgan over Trump Debanking, Jack Smith Collusion

(Luis Cornelio, Headline USA) Florida Attorney General James Uthmeier launched a state investigation Monday into JP Morgan after the bank abruptly closed the accounts of President Donald Trump’s media company in 2024. Uthmeier announced the probe in a video statement on X and in a letter to JP Morgan CEO Jamie...

Officials Scour Charred Site of Kentucky UPS Plane Crash for Victims and Answers

(Headline USA)  The grim task of finding and identifying victims from the firestorm that followed a UPS cargo plane crash in Louisville, Kentucky, entered a third day Thursday as investigators gathered information to determine why the aircraft caught fire and lost an engine on takeoff. The inferno consumed the enormous...

The Fed’s “Heroin on the Table”

(Money Metals News Service) Mike Maharrey opens the Midweek Memo with a sharp analogy: if the D.A.R.E. officer lectured against drugs and then left heroin and syringes on the desk, that would mirror Jerome Powell’s performance. The chair talked tough, lowered expectations for future easing, and still delivered another hit...

Supreme Court Weighs Challenge to Trump’s Tariff Power

(Brett Rowland, The Center Square) President Donald Trump's global tariffs are under question as the U.S. Supreme Court hears one of the most significant economic cases in decades with wide-ranging implications for the president's foreign policy agenda and for businesses and consumers around the world. Supreme Court justices challenged U.S....

Government Shutdown to Surpass 35 days, Breaking all Records

(Thérèse Boudreaux, The Center Square) For the 14th time, U.S. Senate Democrats on Tuesday filibustered Republicans’ funding bill to reopen the government, guaranteeing that the ongoing shutdown, now on its 35th day, will be the longest in U.S. history. The government has remained closed since Oct. 1, after Democratic senators...

Feds Probing Black Lives Matter for Fraud

(Luis Cornelio, Headline USA) The Black Lives Matter organization is reportedly under federal investigation over allegations its leaders defrauded donors out of $90 million, most of which came after George Floyd died in 2020.  The group, formally known as the Black Lives Matter Global Network Foundation Inc., or BLMGNF, has faced mounting...

Economists Say Trump’s Tariff Play Could Boost Trade Deficits

(Brett Rowland, The Center Square) Economists told the U.S. Supreme Court that President Donald Trump's plan to reduce U.S. trade deficits will backfire, exacerbating the underlying issue the president used to justify the sweeping tariffs. The economists filed a friend-of-the-court brief arguing that Trump's trade policies won't address the trade...

Texas Sues Tylenol Companies Over Autism Claims

Texas AG Ken Paxton will sue Johnson & Johnson and Kenvue for misleading pregnant women about acetaminophen after Trump’s autism warning.

Why Exactly Is the Federal Reserve Cutting Rates?

(Mike Maharrey, Money Metals News Service) The Federal Reserve kicked off its October meeting today (Tuesday, Oct. 28). The central bank is expected to cut interest rates another quarter percent and could announce a timetable to end balance sheet reduction. But why? A lot of the people clamoring for looser monetary policy...

September CPI: Better Than Expected Doesn’t Mean Good

(Mike Maharrey, Money Metals News Service) The Bureau of Labor Statistics finally managed to get the September CPI data together. The mainstream broadly characterized it as a good report. It wasn’t. But it was better than forecast, and in our world of politicized government data, that was good enough. As CNBC...

Senate Dems Refuse to Return Epstein Cash While Demanding Document Release

Senate Democrats have failed to return donations from Jeffrey Epstein even as they pressure the Trump administration to release files tied to the federal investigation into Epstein’s crimes.

Texas Lawmaker Introduces Agricultural Visa Reform

A Texas lawmaker introduced legislation to reform the H-2A visa program for agricultural workers.
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