Tuesday, July 8, 2025

FINANCE

Major Dem. Donor’s Embattled Crypto Exchange FTX Files for Bankruptcy

(Headline USA) It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court. The embattled cryptocurrency exchange, short billions of dollars, is seeking bankruptcy protection after the exchange experienced the crypto equivalent of a bank run. FTX, its affiliated hedge...

Biden Nominates New IRS Chief as Dept. Due to Double in Size

(Molly Bruns, Headline USA) President Joe Biden nominated consulting executive Daniel Werfel to lead the Internal Revenue Service following Congress's passage of the so-called Inflation Reduction Act, which will allow for the agency to double in size, the Daily Wire reported. Current IRS Commissioner Charles Rettig's term will expire at...

Biden Hints at Targeting Musk over Twitter’s Longstanding Foreign Investors

(Ezekiel Loseke, Headline USA) President Joe Biden threatened on Wednesday to investigate Twitter's ties to foreign investors---specifically members of Saudi Arabia's royal family, Politico reported. Saudi Prince al-Waleed bin Talal has owned stock in Twitter since 2011, but the concerns from Democrats came to the forefront only after the company's...

Since Musk Takeover, 15M New Users Have Signed Up for Twitter

(Molly Bruns, Headline USA) Since taking ownership of social media platform Twitter, new Chief Twit Elon Musk has been telling advertisers that user growth is at "all-time highs." In a document sent to the Twitter sales team to be distributed to advertisers, Twitter highlighted its monetizable daily user growth which...

Biden Admin. Wants to Make it Harder to Oust Powerful Labor Unions

(Molly Bruns, Headline USA) The Biden administration has announced that it will be revoking a 2020 rule from the National Labor Relations Board that was implemented to protect workers' right to vote on removing union representation. The Election Protection Rule was adopted in 2020 as an attempt to reform the...

Florida Man Stole $2.6M Covid-19 Relief Funds

(Headline USA) A Florida man allegedly filed fake payroll, tax documents, and a commercial lease to scam his way into getting $2.6 million in Covid-19 relief from the federal government, using it to buy two houses in Naples, Florida, stocks and investment securities, a 2019 Tiara 34LS boat, a...

Snowflake Activists Seethe as Musk Commences Widespread Twitter Layoffs

(Headline USA) Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the company, citing the pressure from left-wing activists to pressure advertisers into leaving as his reason for cutting the jobs of many left-wing workers. In a tweet Friday, Musk blamed activists for what he described as a...

Biden Admits Student-Loan ‘Amnesty’ Is a Brazen Vote-Buying Scheme

(Molly Bruns, Headline USA) The Biden administration released a statement attempting to bribe voters by warning them that if Republicans succeed in the midterm elections, the 16 million student-loan debts that have already been forgiven would return. “If Republican officials get their way, tens of millions of Americans’ monthly costs...

Gov’t Waste Watchdog Highlights Year’s Most ‘Nightmarish’ Pork Spending

(The Center Square) More and more federally funded, controversial projects that came as part of pandemic-relief spending passed by Congress are coming to light, and few of them do not have anything to do with COVID-19. Citizens Against Government Waste released its annual breakdown of the last year’s “nightmarish” federal...

Biden’s Loan Amnesty Helping to Fund Luxury Items, Drive Up Inflation

(Molly Bruns, Headline USA) A poll from Intelligent.com found that 73% of people applying for President Joe Biden's student-loan amnesty will instead be spending their money on nonessential goods such as new smartphones, extravagant vacations and hitting the bar. This plan, which was announced in late August, will transfer up...

States Start to Realize the Dangers of Woke ‘ESG’ Investing

(Molly Bruns, Headline USA) Recent decisions by Louisiana and Missouri state officials liquidating their investments in BlackRock, a multi-trillion-dollar asset-management company, may be the start of a turning tide against the interests of globalist financial elites in favor of ordinary Americans. The state of Louisiana will be taking its $794...

Polls: Kennedy Coasting to Another Term in La. U.S. Senate Race

(Victor Skinner, The Center Square) U.S. Sen. John Kennedy is a slam dunk for reelection, significantly outpacing all competitors in both fundraising and public support. While Kennedy’s Democratic challengers are predicting a runoff following the Nov. 8 primary, an Oct. poll and Kennedy’s massive fundraising advantage ultimately make a Democratic...
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