Biden Calls For Democrat Officials Caught Making Racist Comments To Resign

Joe Biden
Joe Biden

During Tuesday’s press briefing, White House Press Secretary Karine Jean-Pierre said that President Biden believes all of the Democrat Los Angeles City Council members who were caught on tape making racist comments should step down. Los Angeles City Council members Nury Martinez and Kevin de León, both Democrats, have faced widespread protests and calls for their resignation after a leaked audio recording showed them making racist comments about Councilmember Mike Bonin, a gay white man, and his adopted black son. While discussing Bonin, Martinez called his black son “Parece changuito,” or “like a monkey.” She later said Bonin is a

John Bolton: Putin Would Be ‘Signing A Suicide Note’ By Using Nukes In Ukraine

On Tuesday, former National Security Adviser John Bolton said that Russian President Vladimir Putin would be “signing a suicide note” if he chose to use nuclear weapons during Russia’s invasion of Ukraine. ​”We need to make clear [that] if Putin were to order the use of a tactical nuclear weapon he would be signing a suicide note,” Bolton​ told the British radio station LBC . “I think that’s what it may take to deter him if he gets into extreme circumstances.” Host Andrew Marr then asked Bolton whether he meant assassination by the “suicide note” comment. “We cannot allow the use of nuclear

Top Fed Official Explains How Higher Interest Rates Will Affect U.S. Economy

On Monday, Federal Reserve Vice Chair Lael Brainard explained how the central bank’s interest rate hikes will affect the U.S. economy. The Federal Reserve raised interest rates by three-quarters of a percentage point last month, the third consecutive increase of that size. “The moderation in demand due to monetary policy tightening is only partly realized so far,” Brainard began. “The transmission of tighter policy is most evident in highly interest-sensitive sectors like housing, where mortgage rates have more than doubled year to date and house price appreciation has fallen sharply over recent months and is on track to soon be

‘Serious stuff’: JPMorgan CEO Warns U.S. Will Soon Fall Into Recession

On Monday, JPMorgan Chase CEO Jamie Dimon warned that “very, very serious” factors are going to push the United States into a recession within the next six to nine months. Dimon, the head of the largest bank in the United States, said that the American economy is “still doing well” and that consumers are likely to handle a recession better than in the 2008 financial crisis. “But you can’t talk about the economy without talking about stuff in the future — and this is serious stuff,” Dimon told CNBC. He said that inflation, increasing interest rates, and Russia’s invasion of Ukraine

1 … 207 208 209 210 211 … 587