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Category Archives: White House

Trump Expected To Announce His Pick For Fed Chair In Next Two Weeks

In the latest update on Trump’s search for the next Fed Chair, Reuters reported that the search has narrowed down to 5 finalists – Yellen, Warsh, Taylor, Powell and Cohn (condolences to Jeff Gundlach: his dark horse candidate, Neel Kashkari did not make the cut) – and that after meeting Yellen on Thursday, Trump will […]

The True Danger Of The North Korea Crisis: It Could Cost America Its Allies

Authored by Robert Kelly via The Strategic Culture Foundation, Tough North Korea rhetoric from the U.S. administration continues. Major South Korean media increasingly talk as if U.S. air strikes are likely, and theexpert community seems increasingly resigned to them as well. Despite constant criticism of his incendiary language, President Donald Trump continues to suggest that […]

Chris Hedges: Elites “Have No Credibility Left”

Chris Hedges and David North via TruthDig.com, On Monday, WSWS International Editorial Board Chairman David North interviewed Chris Hedges, the Pulitzer Prize-winning journalist, author, lecturer and former New York Times correspondent. Among Hedges’ best-known books are War is a Force That Gives Us Meaning, The Death of the Liberal Class, Empire of Illusion: the End of Literacy and the […]

Democrat AGs From 18 States Sue To Keep Obamacare Subsidies, But Who Really Benefits?

It did not take long for democrats to respond to Trump’s executive order halting key subsidies known as Cost-Sharing Reductions or CSRs to insurers. On Friday, just hours after the executive order was signed, Democratic attorneys general from eighteen states as well as Washington D.C., sued President Trump’s administration to stop him from scrapping a […]

Tech Vs. Trump: The Great Battle Of Our Time Has Begun

Authored by Niall Ferguson via The Spectator, Social media helped Donald Trump take the White House. Silicon Valley won’t let it happen again… In the 1962 Japanese sci-fi classic King Kong vs Godzilla, the two giant monsters fight to a stalemate atop Mount Fuji. I have been wondering for some time when the two giants […]

Watch Live: Trump To De-Certifies Iran Deal, Ask Congress To Impose Sanctions “Trigger Points”

In what is set to be the least-surprising, and most-telegraphed event of the day (unless the president decides to do a press conference Q&A afterwards), Trump delivers his statement de-certfiying the Iran Deal and punting it to Congress… Live Fed: due to start at 1245ET… *  *  * Update (11:40 am ET): As expected, Trump […]

Buchanan Asks “Is Trump The Heir To Reagan?”

Authored by Patrick Buchanan via Buchanan.org, Three decades ago, as communications director in the White House, I set up an interview for Bill Rusher of National Review. Among his first questions to President Reagan was to ask him to assess the political importance of Barry Goldwater. Said Reagan, “I guess you could call him the […]

Trump To Scrap Crucial Obamacare Insurer Subsidy

zerohedge.com / by Tyler Durden / Oct 13, 2017  Update: Late Thursday, the administration said it would immediately stop paying what are known as cost-sharing reduction subsidies. The payments go to health insurers in the Affordable Care Act to help lower-income people with co-pays and other cost sharing. Without them, insurers have said they’ll dramatically raise premiums or […]

World Stocks Hit 4th Consecutive Record High, Bonds Rise On ECB QE Report

World stocks rose to a 4th consecutive record highs, while the dollar headed for its worst week; U.S. stock-index futures are steady, with European and Asian stocks higher ahead of much anticipated US inflation data, which is expected to give cues on the outlook for the Federal Reserve’s interest rates. MSCI’s all world equity index […]

“The Democrats ObamaCare Is Imploding” Trump Tweets Hours After Cutting Off Obamacare Subsidies

It was an early morning for a seemingly excited, insomniac Donald Trump, who shortly before 6am tweeted on the topic of the night, namely the late Thursday elimination of subsidies to health insurers, which took place just hours after the president signed an executive order to designed to draw people away from Obamacare coverage markets. […]