Monday, June 29, 2026

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CBO: Mounting Debt Could Slow Growth, Pose ‘Significant Risks’

(Brett Rowland, The Center Square) The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to extend President Donald Trump's 2017 tax cuts. The CBO said U.S. debt held by the public is on track to reach its highest level ever in 2029 before reaching...

‘Woke Seeds’ Found at the USDA

(Maire Clayton, Headline USA) Secretary of Agriculture Brooke Rollins took to social media Wednesday to share what her team found from former President Joe Biden's administration: "woke seeds." In the roughly one minute video, Rollins showed packs of tomato seeds with the words "growing diversity, equity, inclusion and accessibility at...

Venmo Voyeurism: Mike Waltz’s App Reveals Journalist Contacts

(José Niño, Headline USA) National security adviser Michael Waltz continues to face scrutiny after he included Jeffrey Goldberg, the editor-in-chief of The Atlantic, in a Signal chat where war plans about bombing Yemen were being discussed.  On Wednesday, it was revealed that his Venmo friend list was publicly accessible until...

As Gold Breaks Out Why Is Platinum Watching From the Sidelines?

(Mike Maharrey, Money Metals News Service) Gold has broken above $3,000 and appears poised to push even higher. So far, platinum has not followed gold’s lead but seems to be watching from the sidelines. What is causing this divergence? Over the last two years, platinum has shown a moderate correlation with...

The Fed’s Silent Surrender: Easy Money Returns as Crisis Looms

(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey issued a stark warning about the state of the U.S. economy, monetary policy, and the Federal Reserve’s quiet but significant moves. Maharrey argued that the economy is addicted to easy money, comparing it to...

LA Seeks $1.9B Bailout Amid $1B Deficit, $38M in Lost Revenue from Fires

(Kenneth Schrupp, The Center Square) Los Angeles is seeking a $1.9 billion state bailout after receiving $2.5 billion in state aid thus far. Los Angeles faces a $1 billion deficit due to spending vastly outpacing revenues — issues that predated the fire and which City Controller Kenneth Mejia has long...

DOGE Claims a 9-Month Old Baby Received $100k Small Business Loan

(Maire Clayton, Headline USA) President Donald Trump and his administration revealed more ways the government was wasting money in a Monday meeting. The Department of Government Efficiency found that millions of dollars in loans were being given to children. “One case of fraud was with the Small Business Administration, where they...

Copper Is Breaking Out

(Jesse Colombo, Money Metals News Service) Copper broke out to a new all-time high yesterday, signaling the start of a powerful bull market—one that’s likely to unfold as part of a broader, long-term commodities supercycle. Of course, I’ve been bullish on copper for several months. My view was that copper...

Kentucky Governor Vetoes Gold Bill, Legislature Expected to Override

(Sound Money Defense League, Money Metals News Service) Slapping small-time savers in the face for the second time in 12 months, Kentucky Gov. Andy Beshear has again vetoed a bill that would end sales taxes on purchases of precious metals. House Bill 2, introduced by Rep. TJ Roberts, enjoyed overwhelming...

Tim Walz Backtracks after Tesla Comments, Says He Was ‘Being a Smart-Ass’

(Maire Clayton, Headline USA) Minnesota Governor Tim Walz backtracked Saturday after saying he enjoyed watching Tesla stock go down. "I have to be careful about being a smart-ass. I was making a joke," he stated. "These people have no sense of humor. They are the most literal people." https://twitter.com/CollinRugg/status/1903605326999671028     He admitted he...

Trump Vows Punitive 25% Tariff on Venezuelan Oil Buyers

(Headline USA) President Donald Trump announced on Monday plans to impose a 25% tariff on all imports from countries purchasing oil or gas from Venezuela, in addition to new tariffs directly targeting the South American nation itself. In a statement posted on Truth Social, Trump described Venezuela as “very hostile”...

23andMe Files for Bankruptcy, CEO and Cofounder Steps Down

(Dave Mason, The Center Square) 23andMe, the prominent San Francisco genetic testing company that helps customers determine their ancestry, has filed for bankruptcy. Additionally, CEO Anne Wojcicki has resigned, effective immediately, the health care and biotechnology company said in a news release Sunday announcing the Chapter 11 bankruptcy. Wojcicki wrote on...
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