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Powell Out, Warsh in as New Chair of Federal Reserve

(Morgan Sweeney, The Center Square) Kevin Warsh, an economist and former member of the Federal Reserve Board of Governors, is now chair of the central bank, replacing longtime chair, Jerome Powell.  Warsh was sworn in at the White House Friday with a large crowd in attendance after completing the confirmation...

Government Spending on Seniors’ Benefits Soon to Make Up Majority of Federal Budget

(Thérèse Boudreaux, The Center Square) More than half of the federal budget will go toward benefits for Americans 65 years and older by 2036, and that percentage is set to only grow, a recent congressional report finds. The Joint Economic Committee’s 2026 report shows that non-interest federal spending on Social...

Daily Wire CEO Steps Down Amid Ongoing Turmoil

(José Niño, Headline USA) The Daily Wire faces yet another change at the executive level. Caleb Robinson has resigned as CEO, and Mike Richards, who previously produced Jeopardy!, will assume command of the conservative media company, Barrett Media reported. Robinson released a statement attempting to put a positive spin on...

Congress Skips Town Without Passing $72B Immigration Enforcement Bill

(Thérèse Boudreaux,, The Center Square) In an epic breakdown of negotiations, Congress is leaving town without voting on Republicans’ roughly $72 billion budget reconciliation bill. Senate Republicans ultimately deadlocked Thursday over whether to include restrictions on the Department of Justice’s controversial new “anti-weaponization fund” within the party-line bill, which funds...

Two Things Mainstream Pundits Get Wrong in Their Current Gold Narrative

(Mike Maharrey, Money Metals News Service) Gold has dropped more than 11 percent from its all-time high of just over $5,102 an ounce in January, and selling pressure continues to dominate the market. A well-established mainstream narrative is driving the bearish sentiment. However, while seemingly plausible on the surface,...

Farmland Prime for Data Centers, But at What Cost?

(Lauren Jessop, The Center Square) Data center developers are increasingly targeting agricultural land for new projects, and residents in affected communities are mounting opposition, concerned about the industrialization of their farmland. At the same time, Gov. Josh Shapiro’s administration is pursuing two priorities that can be difficult to balance: attracting...

Trump Media Company Replaces Ex-Congressman Nunes as CEO after Stock Plunge

(Headline USA) The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth. Devin Nunes, a former California congressmen in Donald Trump's first term,...

Trump Postpones Signing Artificial Intelligence Order Out of Concern it Would Hurt the AI Industry

(Headline USA) President Donald Trump called off a signing ceremony Thursday for a new order on artificial intelligence because he worried it could dull America’s edge on AI technology. Trump said he was postponing the signing because he did not like what he saw in the order’s text. He announced...

Sens. Risch and Cortez Masto Introduce Bipartisan SILVER Act to Derisk U.S. Precious Metals Market Infrastructure

(Money Metals News Service) U.S. Senators Jim Risch (R-ID) and Catherine Cortez Masto (D-NV) today introduced the bipartisan “System Integrity through Licensed Vault Expansion and Resilience Act” (SILVER Act), designed to derisk, modernize, and strengthen America’s precious metals market infrastructure by encouraging greater geographic diversification of approved precious metals...

Foreign Central Banks Dumping U.S. Treasuries

(Mike Maharrey, Money Metals News Service) There is a lot of talk about whether the Federal Reserve should raise interest rates, but in fact, the market is hiking rates with or without central bank cooperation. Treasury yields have crept relentlessly higher over the last several months, signaling significant stress in...

Hong Kong Gold Clearing House Set to Begin Operation as Gold Trade Shifts West to East

(Mike Maharrey, Money Metals News Service) A new Hong Kong-based gold-clearing system will launch in July as part of the Chinese Special Administrative Region’s (HKSAR) push to become a global gold trading hub. Western markets – London, New York, and Switzerland – have dominated the gold trade for nearly two...

DNC Releases Postelection Autopsy that Criticizes Kamala Harris

(Headline USA) Kamala Harris “wrote off rural America" during the 2024 presidential campaign and failed to attack Donald Trump with sufficient “negative firepower," according to a long-awaited post-election autopsy released on Thursday by the Democratic National Committee. The committee's chair, Ken Martin, shared the 192-page report only after facing intense...
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