Bessent Says Fed Should Recalibrate After
Revised US Data
Posted By: franco, 9/10/2025 11:05:31 AM
Treasury Secretary Scott Bessent called on the Federal Reserve to change its policy stance after a government agency revised US jobs data to show weaker hiring in the year through March. “They should, let’s see if they will,” Bessent said on Fox Business Tuesday when asked if the Fed should recalibrate. He cited famed economist John Maynard Keynes for saying “when the facts change, I change my mind — what do you do?” Speaking hours after the revised jobs data showed there were 911,000 fewer payroll gains in the 12 months through March, Bessent said, “It turns out that we didn’t have good facts.”
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Former ESPN anchor Sage Steele has issued a direct call for all major American sports leagues to “release statements & send condolences” to the family of murdered conservative activist Charlie Kirk, “kinda like you did when career criminal George Floyd died.”
Kirk, 31, was murdered while speaking at an event at Utah Valley University on Wednesday afternoon. The founder of Turning Point USA (TPUSA) and husband and father of two, was struck in the neck by an assassin’s bullet and later died at a local Utah hospital.
Treasury Secretary Scott Bessent called on the Federal Reserve to change its policy stance after a government agency revised US jobs data to show weaker hiring in the year through March.
“They should, let’s see if they will,” Bessent said on Fox Business Tuesday when asked if the Fed should recalibrate. He cited famed economist John Maynard Keynes for saying “when the facts change, I change my mind — what do you do?”
Speaking hours after the revised jobs data showed there were 911,000 fewer payroll gains in the 12 months through March, Bessent said, “It turns out that we didn’t have good facts.”
Rick Davies, the founding member of the 1970s British rock band Supertramp, has died at age 81.
The rocker died at his Long Island home Friday following a decade-long battle with Multiple Myeloma, a type of blood cancer, the band revealed.
The group’s surviving members paid their respects to Davies in a heartfelt statement on social media. “The Supertramp Partnership is very sad to announce the death of the Supertramp founder, Rick Davies after a long illness,” the “Goodbye Stranger” hitmakers wrote on Facebook Sunday.
“Rick passed away at his home on Long Island on September 5th. [SNIP]"
Letitia James’s New York State mortgage records indicate that she committed mortgage fraud on a $200,000 “Credit Line Mortgage” with Citizens Bank in 2021.
Like other mortgages, it requires a signed note, a mortgage document, and recording with the county clerk.
The mortgage document shows that James misrepresented her five-unit apartment building as a single-family dwelling.
This false claim allowed James to avoid significantly higher commercial loan closing costs and a higher interest rate.
For decades, Democrats and Republicans have regularly cooperated to swiftly confirm the many, many individuals selected by each president to serve in their administration.
Regardless of the party in the White House, both sides have long agreed that a president deserves to have his or her administration in place, quickly. That doesn’t mean we don’t disagree. But it does mean when nominees are held up, opposed, or blocked—it’s for a legitimate purpose, not for leverage in partisan games, to score political points at the expense of public safety.
Now, while I agree with the above sentiment, those sentences aren’t actually mine. Those are the words of Democrat Leader Sen. Chuck Schumer [SNIP]
The optics for the Democratic Party are not great at the moment.
Whether it's vehemently rejecting President Trump's mission to restore law and order in crime-ridden progressive cities or opposing the deportation of criminal illegal aliens, the party of confused radicals - still unable to define what a woman is - bankrolled by rogue leftist billionaires and propped up by dark-money NGOs, has firmly branded itself as the party of "America Last."
If Democrats had their way, no illegal alien would ever be deported. That's because these third-worlders are seen as the party's future voting base to seize more political power.
Have federal district judges peaked? Democrat judges, especially Biden judges, have been issuing insane rulings trying to stop President Trump from doing pretty much anything. These rulings are so bad that even Justice Kagan, hardly a Trump pal, was baffled by them.
I’ve argued that these rulings are literal lawfare, there’s no pretense that these various blocks are even legal, they’re there to force Trump to go to the Supreme Court. And then the Supreme Court, especially its weakest man, Chief Justice Roberts to mull over what the cocktail party set will say and cringe over being accused of being a rubber stamp for Trump.
Five Republicans in the House joined Democrats Wednesday to block an effort to censure Rep. LaMonica McIver, D-N.J., over a confrontation with immigration officers in her district.
Rep. Clay Higgins, R-La., sponsored a resolution that would have condemned McIver’s actions in May and removed her from her position on the House Homeland Security Committee. The House voted 215-207 to table the measure, with Republican Reps. Don Bacon and Mike Flood of Nebraska, Dave Joyce and Mike Turner of Ohio, and David Valadao of California voting against the censure along with all Democrats. Rep. Andrew Garbarino, R-N.Y., and Rep. Nathaniel Moran, R-Texas, voted present.
Robert Johnson, co-founder of Black Entertainment Television (BET) and chairman of RLJ Companies, has pledged $500,000 to the campaign of Virginia Republican gubernatorial nominee Winsome Earle-Sears. The donation came after Earle-Sears, currently serving as Virginia’s lieutenant governor, was subjected to a racist attack during a protest outside an Arlington County School Board meeting on August 21.
Shell sued for discrimination after white
employees fired, given ‘tear jars’
as parting gift 25 replies
employees fired, given ‘tear jars’
as parting gift 25 replies
Oil giant Shell USA is the latest corporation to be held accountable for the racial discrimination that has been a hallmark of the DEI era, and is facing a lawsuit over an alleged purge of white employees.
A lawsuit was filed this week in the U.S. District Court for the Southern District of Texas on behalf of two former workers who say they were fired from their longtime jobs and replaced with less qualified employees as part of a “racially discriminatory reorganization that targeted white employees.”
Defense Secretary Pete Hegseth on Wednesday said the Pentagon would no longer allow Chinese nationals to work as coders on Department of Defense (DOD) cloud systems.
A program previously allowed Chinese developers to work as “digital escorts” in a role modeled by Microsoft, where foreign nationals remain under the supervision of remote U.S. contractors.
Hegseth said the effort “exposed” the department to “unacceptable risks.”
Britain's Royal Air Force scrambled spy planes as it joined NATO in a huge hunt for a Russian submarine suspected of threatening a US aircraft carrier off Norway.
In what defence sources are calling a 'highly unusual surge' of activity, NATO allies have deployed at least 27 specialist submarine-hunting sorties since Sunday in an urgent bid to track the vessel.
The operation, which insiders insist is not a drill, comes as the USS Gerald R. Ford - the most advanced and expensive aircraft carrier in the world, worth around £11 billion, carries out exercises with the Norwegian Navy in Arctic waters.
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The House of Representatives burst into chaos as Speaker Mike Johnson attempted to lead a prayer for Charlie Kirk after he was assassinated in Utah on Wednesday. Father-of-two Kirk, 31, the founder of Turning Point USA, a conservative youth organization that regularly holds events on college campuses nationwide, was shot in the neck at an event at Utah Valley University in Orem and died about two and half hours later. His assassination not only devastated many members of Congress who knew the activist personally, but unleashed sadness, confusion and anger among lawmakers in the Capitol on both sides of the political spectrum.
Political analyst Matthew Dowd has been fired from MSNBC after his comments about the death of conservative activist Charlie Kirk, according to a network source.
During MSNBC’s coverage of Kirk’s shooting, anchor Katy Tur asked Dowd about “the environment in which a shooting like this happens.” Dowd responded with the following about Kirk: “He’s been one of the most divisive, especially divisive younger figures in this, who is constantly sort of pushing this sort of hate speech or sort of aimed at certain groups. And I always go back to, hateful thoughts lead to hateful words, which then lead to hateful actions. And I think
In new book, Kamala Harris says it was
reckless to let Biden make reelection
decision on his own 29 replies
reckless to let Biden make reelection
decision on his own 29 replies
“In retrospect,” Kamala Harris writes of letting Joe and Jill Biden decide on their own whether the then-president should have tried to run for re-election, “I think it was recklessness.” (Snip) “‘It’s Joe and Jill’s decision.’ We all said that, like a mantra, as if we’d all been hypnotized,” Harris writes in the first excerpt of “107 Days” published Wednesday morning by The Atlantic. “The stakes were simply too high. This wasn’t a choice that should have been left to an individual’s ego, an individual’s ambition. It should have been more than a personal decision.” Part of the problem, Harris
Conservative activist Charlie Kirk was shot Wednesday during a Q&A session at Utah Valley University in Orem, Utah. Video from the event shows Kirk was struck near the neck. While details about his condition remain unclear, reports suggest he’s been hospitalized.
Unfornately, the mainstream media’s reaction to the shooting has been as disgusting as you could have predicted.
Over at CNN, Kristen Holmes dubbed Kirk “a controversial figure at times,” adding: “He goes into these various college campuses, uh, pushes conservative issues, gets into back and f—heated back and forth often with these students on these college campuses. But of course, uh, none of that is violent.”
Ammunition cartridges recovered along with the bolt-action rifle used in the assassination of conservative activist Charlie Kirk were scrawled with transgender and anti-fascist messages, The Wall Street Journal reported Thursday.
The rifle was recovered Wednesday night in a wooded area where the FBI believes the killer fled after the shooting.
It was wrapped in a towel and had three unused ammo cartridges still in the chamber. Each was “engraved with expressions of transgender and antifascist ideology,” the Journal reported…
Shots have been fired at a Charlie Kirk event at Utah Valley University in Orem.
Footage from the scene showed event goers screaming as shots rang out on Wednesday.
The conservative firebrand, 31, was reportedly shot in the neck area, according to bystander accounts.
People at the event took to social media to share details of the moment someone opened fire at the conservative's event as he conducted a Q & A session with students.
Kirk published a post on X just minutes before reports of the shooting emerged.
'WE. ARE. SO. BACK,' Kirk wrote at 2.23pm EST.
WASHINGTON – Read the opinions for yourself. That’s the message Supreme Court Justice Sonia Sotomayor had Sept. 10 for viewers of the “Late Show with Stephen Colbert” the day after her blistering response to her conservative colleagues’ latest ruling siding with the Trump administration. The majority said the administration can for now resume the indiscriminate immigration-related stops in southern California that sparked protests and charges of racial profiling. In her dissent for the court’s three liberals, Sotomayor said the majority’s decision “is yet another grave misuse of our emergency docket.” “We should not have to live in a country where
WARNING - President Trump's latest crackdown on prescription drug advertisements may cause Big Pharma executives to experience insomnia, tension headaches, a feeling of loss of control, and an upset stomach.
Trump signed an executive memorandum on Tuesday, directing the Department of Health and Human Services (HHS) to enhance transparency in direct-to-consumer prescription drug advertising. It calls for mandating more detailed disclosures of side effects.
This initiative, spearheaded by HHS Secretary Robert F. Kennedy Jr., will address violations in drug ads without imposing an outright ban on those ads.
A suspect who opened fire on conservative influencer Charlie Kirk has been captured, FBI Director Kash Patel has confirmed.
Kirk, 31, was shot at 12.20pm during a rally at Utah Valley University by a gunman who was caught on camera dashing across a rooftop in the moments after he opened fire.
Terrified screams erupted as the Turning Point USA founder toppled from his chair after the shots rang out.
Charlie Kirk, the powerful rightwing activist, Trump ally and executive director of Turning Point USA (TPUSA), was shot on Wednesday while hosting an event in Utah and is in critical condition at a hospital. In video posts circulating on social media, Kirk can be seen getting struck while speaking and sitting beneath a tent in the Utah Valley University courtyard. Kirk was there as part of The American Comeback Tour, which is hosted by the TPUSA chapter at Utah Valley. There is also video footage of students on campus running away from the sound of gunshots.
Charlie Kirk was shot and killed by an assassin while on stage during a stop at Utah Valley University kicking off his American Comeback Tour Wednesday, just as he answered a question from an audience member about mass shootings committed by transgender people.
The shooter remains on the loose, sources told The Post, despite conflicting reports that an arrest was made. Video was circulating on social media showing an older man being hauled away by police.
Asked if Kirk was in the hospital, President Trump told The Post somberly, “He’s not doing well…yes, it looks very bad,” adding that he was feeling “not good” about the shooting.
The FBI is facing questions over an airport that was left open after Charlie Kirk was assassinated, with speculation brewing over a jet that could be linked to his murder.
(snip)Speculation on social media has pointed to a private jet that left the airport shortly after the single shot that killed the conservative activist rang out.
Flight tracking data shows the jet left the airport shortly after 2pm and headed south towards the Arizona border before it disappeared from radars.
It then reappeared on radars and returned to Provo roughly one hour after leaving the airport.
Comments:
There is precedent for doing as Bessent suggests: In January, 2001, Fed Chairman Greenspan got wind that the out-going Clinton administration had puffed up job numbers in order to boost the campaign of Algore. Greenspan used some of those numbers as primary inputs, leading him to conclude that an economy that was actually softening was overheating, and causing the Fed to ratchet rates up. Once Greenspan realized he'd been hoodwinked, he lowered rates a full percentage point in early January, 2001. Greenspan was an independent operator, however, and I suspect Powell is taking orders from Democrat-aligned banksters.