Fed vice chair is latest official to quit
in trading scandal
Posted By: Ribicon, 1/11/2022 8:54:27 PM
Washington—Federal Reserve Vice Chair Richard Clarida said Monday that he will step down on Friday, the third Fed official to resign after a trading scandal at the central bank that involved potential conflicts of interest. The announcement followed new revelations around Clarida's trading in a stock fund in February 2020, when the coronavirus threatened to upend the global economy and the Fed was discussing extraordinary rescue measures.(Snip)Last year, the presidents of two Fed regional banks—Robert Kaplan of the Dallas Fed and Eric Rosengren of the Boston Fed—also stepped down after their questionable trading was revealed. Although the trades complied with Fed financial ethics rules,
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CNN’s ratings took a nosedive by a massive 90 percent both overall and in the all-important demographic coveted by advertisers in the first week of the new year. The Jeff Zucker-led cable news network averaged just 548,000 viewers during the week of Jan. 3—a major drop from the nearly 2.7 million viewers for the same week in 2021, according to Nielsen ratings. The year-ago ratings were jolted by the left-leaning network’s coverage of the Jan. 6 attack on the US Capitol, which resulted in CNN having its most-watched day since Ted Turner launched the news outlet in 1980.
The winner of this year’s Golden Globe Award for Actress in a Drama TV Series wasn’t always a female. Michaela Jae “Mj” Rodriguez, star of the FX show “Pose,” became the “first transgender actress to win a Golden Globe,” according to the website. The awards are presented annually by the Hollywood Foreign Press Association. The winners of the 79th Golden Globe Awards were announced Sunday at the Beverly Hilton Hotel. NBC refused to air this year’s ceremony in protest of the association’s absence of Black voting members. The 31-year-old Rodriguez, who told Playbill that she began hormone-replacement therapy in 2016, described her win as a victory
USA Today was forced to delete a series of tweets after the paper was blasted for trying to 'normalize' pedophilia by saying it is 'misunderstood' and a condition 'determined in the womb.' On Monday, USA Today published an article by Alia E. Dastagir titled 'What the public keeps getting wrong about pedophilia,' where the national correspondent cited researchers who study pedophilia and say it is a misunderstood term that describes an attraction to minors, not an action. The article also claimed that pedophilia is a condition that is developed in the womb. 'Not all people who sexually abuse children are pedophiles,' Dastagir wrote. 'Some pedophiles never abuse children, experts
Former President Trump is taking a dig at politicians like Florida Gov. Ron DeSantis who refuse to say if they got the COVID-19 vaccine booster shot. Calling those who evade the booster question “gutless,” Trump suggested that they are trying to avoid offending anti-vaxxer supporters even though they know the booster shot saves lives. “They don’t want to say it. Because they’re gutless,” Trump said in a new interview with the far-right One America Network. “You got to say it. Whether you had it or not. Say it.” Trump didn’t name DeSantis in the interview. But there is little doubt he was referring to the rising GOP star,
St. Petersburg—Rays bullpen catcher Jean Ramirez died unexpectedly Monday at age 28, the team announced. Baseball operations president Erik Neander said in a statement posted on the team’s Twitter account late Tuesday afternoon that it was an “unexpected and difficult loss.” The Rays provided no other details. Ramirez, a native of Puerto Rico, died in Fort Worth, Texas, where he attended high school and still lived. Fort Worth police said they “worked a call” Monday afternoon but could release no further information, as the case was still open. The medical examiner’s office will release the cause of death when available, police said. Ramirez played three years in the Rays’
Mayor Eric Adams has demoted his younger brother after Hizzoner initially chose him to serve as a deputy NYPD commissioner, city officials confirmed Wednesday. Bernard Adams, a 56-year-old retired NYPD sergeant, will now serve as executive director of mayoral security, according to police officials—a position multiple notches lower in rank from his previously designated title. He will be paid a $210,000 salary, a roughly $30,000 pay cut from the salary deputy police commissioners typically earn, the sources said.(Snip)The mayor’s younger brother most recently served as assistant director for parking at Virginia Commonwealth University, where he’s been employed since 2011, according to his LinkedIn.
Homeland Security’s special visa program to grant legal status to victims of crime is plagued by fraud and mismanagement, according to an inspector general’s audit released this week that found the department doesn’t even know how many of the visas are issued.
The review cited evidence that some immigrants were faking crimes to get the visa, which is one of the few concrete ways an immigrant who is in the country illegally can get on a pathway to citizenship.(Snip)USCIS doesn’t track fraud case outcomes, so it can’t say how many people who filed bogus applications were prosecuted. And the agency can’t say how much the victims actually help police,
Exclusive: Ted Budd demands Biden explain
how many convicted felons got $1,400 virus
stimulus checks 4 replies
how many convicted felons got $1,400 virus
stimulus checks 4 replies
Rep. Ted Budd is demanding the White House explain how many convicted felons, including the terrorist responsible for the Boston Marathon bombing, received coronavirus stimulus checks from the Biden administration. Mr. Budd, a North Carolina Republican, sent a letter to Treasury Secretary Janet Yellen on Tuesday urging the administration to make the information public. “Hardworking taxpayers have the right to expect that their dollars are spent wisely and carefully,” said Mr. Budd, who is running for the U.S. Senate this year. “That’s why it is unconscionable that terrorists and murderers received taxpayer-funded checks from President Biden’s American Rescue Plan.”(Snip)Shortly before the bill passed, Democrats blocked a GOP amendment
Indianapolis—A Tennessee man wanted in the fatal shooting of rapper Young Dolph in his hometown of Memphis was captured Tuesday in Indiana, while another man was indicted on murder charges, authorities said. A grand jury indicted Cornelius Smith, 32, on first-degree murder and other charges in the shooting that killed Young Dolph, the Shelby County, Tennessee, District Attorney’s Office said. Smith, who was arrested last month on an auto-theft warrant involving the vehicle used in Young Dolph’s killing, was being held without bond.(Snip)The shooting stunned Memphis and shocked the entertainment world. City officials and community activists pointed to the killing as a symbol of the dangers
Biden calls Capitol riot ‘coup’ in
Ga. speech, claims he was arrested in
civil rights protest 32 replies
Ga. speech, claims he was arrested in
civil rights protest 32 replies
President Biden on Tuesday branded the Capitol riot a “coup” attempt and called on the Senate to scrap its usual 60-vote threshold to pass a pair of election reform bills—but his message was clouded by distracting gaffes. Biden’s sharpened attack on former President Donald Trump and his supporters was bracketed by Biden once again referring to Vice President Kamala Harris as “President Harris” and by his assertion that he was arrested multiple times while fighting for civil rights.(Snip)His 2007 autobiography “Promises to Keep” describes no such arrests. In 2020, Biden infamously claimed he “had the great honor of being arrested” in South Africa when he was
Getting Britain’s homes insulated is the cornerstone of the Government’s green energy policy and an obsession for road-blocking eco-protesters. But the scale of damp-related problems linked to cavity wall insulation is so serious that an MP is calling for an independent inquiry to improve protection for householders. One expert has estimated that up to two million homes may have problems as a result of insulation being pumped into the cavity between outside and inside walls. In some extreme cases, the resulting problems of damp and mould inside the house have rendered properties worthless and unsellable.(Snip)Fixing cavity wall insulation disasters can cost tens of thousands of pounds.
Washington—Federal Reserve Vice Chair Richard Clarida said Monday that he will step down on Friday, the third Fed official to resign after a trading scandal at the central bank that involved potential conflicts of interest. The announcement followed new revelations around Clarida's trading in a stock fund in February 2020, when the coronavirus threatened to upend the global economy and the Fed was discussing extraordinary rescue measures.(Snip)Last year, the presidents of two Fed regional banks—Robert Kaplan of the Dallas Fed and Eric Rosengren of the Boston Fed—also stepped down after their questionable trading was revealed. Although the trades complied with Fed financial ethics rules,
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American figure skater to become first
openly nonbinary athlete to compete at
a Winter Olympics 49 replies
openly nonbinary athlete to compete at
a Winter Olympics 49 replies
Timothy LeDuc is set to become the first nonbinary athlete to compete in the Winter Olympics. LeDuc earned a spot on the U.S. Olympic team after winning the pairs U.S. Figure Skating Championships with Ashley Cain-Gribble. LeDuc understands the significance of the achievement. “My hope is that when people see my story, it isn’t focused on me and saying, ‘Oh, Timothy is the first out nonbinary person to achieve this level of success in sport.’ My hope is that the narrative shifts more to, ‘Queer people can be open and successful in sports.’ We’ve always been here, we’ve always been
Most Americans today have a romanticized (and extraordinarily narrow) historical understanding of the conflict that we call the Civil War.
In their imaginations, it goes something like this: With passions inflamed by a moral renaissance in the North regarding the institution of slavery in the South, the two sides decided to go to war over the issue. In the end, the evil South was righteously razed by the armies of the North, and thus, slavery was ended, and the former slaves made American citizens, as Abraham Lincoln intended.
I live in the Fort Worth area and one of the places that I enjoy going for some great comfort food is the West Side Cafe. It has some great fluffy western omelettes and wonderful chicken fried steak. But truly, everything is good there. It was hard to get a better breakfast than one of their omelettes, their sausage, and their thick, but wonderful rye bread. They source very good products.
But a couple of months ago, I ordered the rye bread and they said it was out — that it was a supply chain issue. It hasn’t come back. I thought, “Dang, Brandon even got my rye bread!”
Former President Trump is taking a dig at politicians like Florida Gov. Ron DeSantis who refuse to say if they got the COVID-19 vaccine booster shot. Calling those who evade the booster question “gutless,” Trump suggested that they are trying to avoid offending anti-vaxxer supporters even though they know the booster shot saves lives. “They don’t want to say it. Because they’re gutless,” Trump said in a new interview with the far-right One America Network. “You got to say it. Whether you had it or not. Say it.” Trump didn’t name DeSantis in the interview. But there is little doubt he was referring to the rising GOP star,
Biden calls Capitol riot ‘coup’ in
Ga. speech, claims he was arrested in
civil rights protest 32 replies
Ga. speech, claims he was arrested in
civil rights protest 32 replies
President Biden on Tuesday branded the Capitol riot a “coup” attempt and called on the Senate to scrap its usual 60-vote threshold to pass a pair of election reform bills—but his message was clouded by distracting gaffes. Biden’s sharpened attack on former President Donald Trump and his supporters was bracketed by Biden once again referring to Vice President Kamala Harris as “President Harris” and by his assertion that he was arrested multiple times while fighting for civil rights.(Snip)His 2007 autobiography “Promises to Keep” describes no such arrests. In 2020, Biden infamously claimed he “had the great honor of being arrested” in South Africa when he was
Dr. Anthony Fauci accused Republican Senator Rand Paul of personally attacking him for 'political gain, distorting 'everything' he says' and inspiring 'crazies' to want to kill him during another tense battle in a hearing on Tuesday.The White House chief medical adviser erupted at his nemesis for suggesting he was using his $420,000 salary, the highest in the federal government, to 'take down' scientists he disagrees with and for calling him 'lead architect' in the pandemic response that's led to 800,000 Americans dying under President Biden.Paul, who has called for Fauci to be fired and prosecuted, referenced emails published by Republican lawmakers on Tuesday
Getting Britain’s homes insulated is the cornerstone of the Government’s green energy policy and an obsession for road-blocking eco-protesters. But the scale of damp-related problems linked to cavity wall insulation is so serious that an MP is calling for an independent inquiry to improve protection for householders. One expert has estimated that up to two million homes may have problems as a result of insulation being pumped into the cavity between outside and inside walls. In some extreme cases, the resulting problems of damp and mould inside the house have rendered properties worthless and unsellable.(Snip)Fixing cavity wall insulation disasters can cost tens of thousands of pounds.
An FBI agent refused to give answers on Tuesday as to who Ray Epps is and whether any agents or informants participated in any capacity in the January 6 Capitol riot. Senator Ted Cruz demanded to know the level of involvement, if any, the agency had in the deadly attack last year and wanted to know more about an ex-Marine accused of being an FBI plant sent to help incite the events last year.'How many FBI agents or confidential informants actively participated in the events of January 6th?' Cruz asked the FBI's Executive Assistant Director of the National Security Branch Jill Sanborn during a hearing on domestic violence
As investigators determine what led an electric space heater to spark the deadliest fire in New York City in more than three decades, tenants and tenant advocacy groups in similar housing fear the conditions are ripe for disaster to strike again. Some are drawing attention to systemic issues that go beyond a single piece of malfunctioning equipment. (Snip) The deadly fire that claimed the lives of 17 people in a high-rise tower in the Bronx is a grim reminder of how space heaters can be a "symbol of inequity," she said, representing dangerous housing conditions, poor infrastructure, and neglect in
The New York State Republican Party, naturalized American citizens, and a Democrat city councilman have filed a lawsuit against New York City Mayor Eric Adams (D) over a new policy that gives voting rights to nearly a million foreign nationals.
As Breitbart News has chronicled, Democrats on the 51-member New York City Council approved a plan last month that allows more than 800,000 foreign nationals with green cards, visas, and work permits the opportunity to vote in citywide elections so long as they have resided in the city for at least 30 consecutive days.
Adams approved the plan this week
Hillary Clinton may be the 'best option' to lead Democrats -- and likely face down Donald Trump -- in 2024, two Democrat operatives said on Tuesday.Just a year into Joe Biden's presidency, his and Kamala Harris' low popularity and back-to-back domestic and foreign crises has Democrats searching for a viable presidential candidate.That could set the stage for the former Secretary of State's political comeback, Douglas E. Schoen and Andrew Stein predict in a piece for the Wall Street Journal.It all depends on how Democrats perform in this year's midterm elections,
The FBI refused to answer questions about the agency’s possible provocative involvement with the Jan. 6 Capitol riots during a Tuesday hearing on Capitol Hill.
“How many FBI agents or confidential informants actively participated in the events of Jan. 6?” Texas Republican Sen. Ted Cruz asked the Executive Assistant Director for the FBI’s National Security Branch Jill Sanborn.
“I can’t go into the specifics of sources and methods,” Sanborn said.(Snip) “This was strange behavior, so strange that the crowd began chanting ‘Fed, fed, fed, fed, fed.’ … Ms. Sanborn, was Ray Epps a fed?”
“I can’t answer that question,” Sanborn said.
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Nancy Pelosi and others "rebalance their portfolios" according to insider information all the time, and they do so with heads held high because that's The Free Market at work.