Monday, June 22, 2026

FINANCE

ActBlue CEO Pleads the 5th Over 20 Times During Congressional Hearing

(Ken Silva, Headline USA) Democratic fundraising giant ActBlue’s CEO, Regina Wallace-Jones, exercised her 5th Amendment right to remain silent more than 20 times during a contentious congressional hearing Wednesday. The Committee on House Administration comes as lawmakers investigate corruption allegations surrounding ActBlue, including the possible ‘knowing and willful’ acceptance of foreign...

Over 10,000 Applicants Vie for 15 Affordable Apartments in Seattle

(Randy Diamond, The Center Square) More than 10,000 applicants are vying for 15 rent-reduced apartments under a new Seattle affordable housing program funded by a city tax on workers who make more than $1 million a year. Amazon, Microsoft and other companies fought the tax, but voters approved it in...

Bill Gates Tells Congress His Relationship w/ Jeffrey Epstein Was an ‘Error’

(Headline USA) Bill Gates said Wednesday that he made a “grave error in judgment” by meeting with Jeffrey Epstein but denied any wrongdoing as the Microsoft co-founder faced hours of questioning from lawmakers about his relationship with the disgraced financier. In an opening statement provided to The Associated Press, Gates said...

Karmelo Anthony’s Family Can No Longer Fundraise Off Austin Metcalf’s Death

(Luis Cornelio, Headline USA) The family of Karmelo Anthony can no longer raise money from supporters through GiveSendGo following the conclusion of his criminal case. The Anthonys were able to raise more than $600,000 in the wake of the then-17-year-old's prosecution in connection with the fatal stabbing of track star Austin...

Social Security Fund to Run Dry in 2032, Automatic Cuts Loom

(Brett Rowland, The Center Square) Social Security's retirement trust fund will be depleted in 2032, triggering an automatic 22% reduction in benefits for about 70 million Americans unless Congress acts, federal trustees warned Tuesday. Social Security paid $1.6 trillion in benefits to 70 million Americans in 2025. The program provides...

Vance refers Minnesota fraud allegations to DOJ for investigation

(Elyse Apel, The Center Square) Vice President JD Vance said the Department of Justice's Fraud Division will investigate allegations that Minnesota officials failed to stop widespread taxpayer-funded fraud. Vance said in a statement that it will be "criminal" investigations. “Minnesota state officials are not above the law, and if they facilitated fraud,...

New Fed Chair Wants to Move the Inflation Goal Posts

(Mike Maharrey, Money Metals News Service) What do you do if you have a standard that’s not being met? Move the goalposts! Of course, you could work harder to meet the goal. But that’s hard. So, why not just change the standard and make it easier to meet? That seems to...

Bullish for Gold: Spiking Inflation Could Send Real Yields Lower No Matter What the Fed Does

(Mike Maharrey, Money Metals News Service) Nominal interest rates are rising, putting significant price pressure on gold and silver. However, with price inflation heating up, it’s possible the real rates could fall, a bullish setup for precious metals. The rapid rise in oil prices juiced CPI to the highest level since...

EXCLUSIVE: Read the Letters Investigators Sent Eric Swalwell in Campaign Finance Probe

(Luis Cornelio, Headline USA) Headline USA has obtained and is publishing letters sent to former Rep. Eric Swalwell by California campaign finance regulators as part of an active investigation into payments made to criminal defense attorney Sara Azari, whom he retained amid mounting allegations of sexual misconduct. While the California Post...

U.S. House Report: Minnesota Officials Failed to Stop Fraud

(Elyse Apel, The Center Square) A new U.S. House oversight report alleges Minnesota officials were aware of "rampant" fraud risks in taxpayer-funded social programs for years but failed to act, allowing potentially billions of dollars in taxpayer funds to be lost. The 205-page report, released by the U.S. House Committee...

Silver Falls to Key Price Support Level as Bargain Hunters Swoop In

(Money Metals News Service) Retail bargain hunters stepped in significantly over the past few days as gold and silver markets suffered their sharpest setback in several months last week. The selloff was driven less by any deterioration in precious metals fundamentals and more by a rapid repricing of interest-rate expectations...

ETF Gold Flows Flipped Modestly Negative in May

(Mike Maharrey, Money Metals News Service) Gold flows into ETFs reflected the range-bound gold price and were relatively flat in May. As the World Gold Council framed it, flows shifted “from a flood to a trickle.” “Global gold-backed ETF investors remained largely sidelined in May as range-bound gold prices and...
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