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Top Banking Executive Shoots Down Rashida Tlaib’s Climate Extremist Proposal: ‘Absolutely Not’

September 21, 2022
Nation
(Photo by Chip Somodevilla/Getty Images)

On Wednesday, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shot down an attempt by far-left Rep. Rashida Tlaib (D-MI) to suggest that banks should quit funding new oil and gas products, explaining that doing so would be a “road to hell for America.” The exchange happened during a House Financial Services Committee hearing from top bank executives on regulatory and oversight in their industry. “You have all committed, as you all know, to transition the emissions from lending and investment activities to align with pathways to net zero in 2050,” Tlaib said. “Do you know what the International Energy Agency has

Federal Reserve Raises Interest Rates By Another .75%

September 21, 2022
Economy
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’

September 20, 2022
Immigration
(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

September 20, 2022
Immigration
Photo by Mario Tama/Getty Images

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

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