Friday, September 19, 2025

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Jamie Dimon Warns Trump on Federal Reserve Independence

(Brett Rowland, The Center Square) JPMorgan Chase boss Jamie Dimon warned President Donald Trump on Tuesday about attacks against Federal Reserve Chairman Jerome Powell, noting the importance of the Fed's independence. "Playing around with the Fed could have adverse consequences, the absolute opposite of what you might be hoping for,"...

The Myth of Fed Independence

(Peter St Onge, Money Metals News Service) Donald Trump is threatening to replace Jerome Powell -- or even appoint himself Fed chair. So it's a fruitful moment to ask: Should central banks be independent? More importantly, can they be independent? Or will a central bank inevitably serve their banking masters and the permanent bureaucracy...

Price Inflation Heating Up Based on June CPI

(Mike Maharrey, Money Metals News Service) Based on the latest Consumer Price Index (CPI) data, prices showed signs of creeping higher in June. However, there were enough dovish points in the data to support those pushing for looser monetary policy. The headline annual CPI spiked from 2.4 percent in May...

Senate NDAA Would Add $32 Billion to Trump’s $1 Trillion 2026 Military Budget

(Dave DeCamp, Antiwar.com) The Senate Armed Services Committee (SASC) has approved its version of the 2026 National Defense Authorization Act (NDAA), which would add approximately $32 billion to President Trump’s planned military budget of $1.01 trillion. The SASC’s NDAA would provide $924.7 billion in military spending, including $878.7 billion for the...

Silver Investment Surges During First Half of 2025

(Mike Maharrey, Money Metals News Service) Through the first half of 2025, inflows of silver into ETFs eclipsed the total for the entirety of 2024, reflecting a surge of silver investment demand. The average annual price of silver rose 25 percent in H1. That was comparable to the 26 percent gain charted by...

Rep. Massie Raises Big Bucks after Trump Attack

(Headline USA) Rep. Thomas Massie has stockpiled more than $1.7 million for his re-election bid as the Kentucky Republican gears up to face President Donald Trump's vaunted political operation, Massie's campaign announced Monday. Massie was one of two House Republicans to vote against Trump's massive tax bill and he said Trump...

China, Canada Lead Spending Spree on U.S. Real Estate, Report Finds

(Brett Rowland, The Center Square) China and Canada led the ranks of foreign buyers snapping up U.S. homes, according to a new report. Foreigners bought $56 billion worth of existing U.S. homes from April 2024 through March 2025, according to the National Association of Realtors 2025 International Transactions in U.S....

Fiscal Fallout: Washington State Government Spending Surges 116% Since 2015

(TJ Martinell, The Center Square) Washington state faces deficit spending by 2028 as lawmakers just hit taxpayers with the state's largest combined tax increase – all driven by massive state spending increases over the past decade, an investigation of state budgets by The Center Square found. Washington state spent about $80 billion...

Trump: Ukraine to Pay for More U.S. Patriot Missiles

(Dan McCaleb, The Center Square) The U.S. will send more Patriot missiles to Ukraine to help in its ongoing war with Russia but the European Union will pay for them, President Donald Trump said Sunday. "I haven't agreed on the number yet, but they're going to have some. Because they...

Soros Gave $37M to Groups Pushing Socialist Mamdani for NYC Mayor

(Luis Cornelio, Headline USA) Self-described democratic socialist Zohran Mamdani has benefited from millions of dollars linked to leftist billionaire George Soros, even after declaring that billionaires shouldn’t exist.  Financial records reviewed by the New York Post show that Soros’s Open Society Foundation has funneled over $36 million to the Working Families...

Taxpayers Will No Longer Fund Illegal Aliens’ Education

(Tate Miller, The Center Square) Taxpayers will no longer pay for the education of noncitizens in the U.S. illegally, the U.S. Department of Education said Thursday. The department said “it will end taxpayer subsidization of illegal aliens in career, technical, and adult education programs.” A news release said that this change...

Sen. Nesbitt: Time to Open Federal Investigation into Whitmer Grant Scandal

(Elyse Apel, The Center Square) Investigations continue after a Gov. Gretchen Whitmer political appointee and donor was set to receive $20 million of taxpayer funding for her Oakland County-based nonprofit. Senate Republican Leader Aric Nesbitt, R-Lawton, is calling for a federal investigation into the matter, sending a letter to U.S....
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