Federal Reserve Raises Interest Rates By Another .75%

Jerome Powell

On Wednesday, the Federal Reserve announced an interest rate hike of 0.75% to combat the inflation crisis, marking the third consecutive 0.75% increase. According to a recent report from the Bureau of Labor Statistics, prices rose 0.1% in August and 8.3% over the last year. Core inflation, which excludes volatile gas and energy prices, rose 0.6% in August and 6.3% over the last year. “Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low,” the Federal Reserve’s Board of Governors said in a statement. “Inflation remains elevated, reflecting supply

DeSantis Dismantles Top Democrat Who Called Him A ‘Human Trafficker’

(Photo by Joe Raedle/Getty Images)

On Tuesday, Republican Florida Governor Ron DeSantis dismantled claims by Rep. Hakeem Jeffries (D-NY), chairman of the House Democrats, who said that DeSantis and Texas Governor Greg Abbott (R) were “behaving like human traffickers.” Jeffries’ comments came after DeSantis sent 50 illegal immigrants to Martha’s Vineyard, a vacation spot for affluent Democrats in Massachusetts. “The behavior of individuals like Ron DeSantis and Greg Abbott is radical, reckless, regressive and reprehensible,” Jeffries claimed during a press conference. “They should start behaving like governors and stop behaving like human traffickers. They are putting politics over people in the most egregious way possible.” That afternoon, DeSantis responded,

Illegal Immigrant Border Encounters Soars To Over 2 Million For First Time Ever

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Border officials encountered more than 203,000 migrants attempting to illegally cross the southern border in August, bringing the annual total to more than 2 million for the first time ever, according to new data from Customs and Border Protection (CBP). “It’s official. For the first time, migrant encounters at the border have surpassed two million in one year,” Fox News correspondent Bill Melugin wrote on Twitter. “CBP reports there were 203,598 migrant encounters at the border in August, bringing the total for FY’22 to 2,150,370, and there is still one month left to go.” “A reminder, these numbers do NOT include known

DeSantis Debunks Claims That Illegal Immigrants Were ‘Falsely Lured’ Into Going To Martha’s Vineyard

(Photo by Joe Raedle/Getty Images)

On Friday, Republican Florida Governor Ron DeSantis debunked claims from Democrats that the 50 illegal immigrants who were sent to Martha’s Vineyard were “falsely lured” or “enticed” into going. “I think that’s totally false,” DeSantis said in response to a reporter asking about the claims. “I think if you look, the folks that are contracted, not only do they give them a release form to sign, they actually give them a packet and in that packet included a map of Martha’s Vineyard. So it was obvious that that’s where they were going and they gave that to them.” “And here’s the thing, it’s

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