READ: Janet Yellen’s Ethics Agreement is Barely a Month Old and She’s Already Breached It.

President Biden’s Treasury Secretary – Janet Yellen – signed an ethics agreement on December 29, 2020. By the end of January, she had already broken it. The agreement, addressed to the U.S. Treasury’s ethics official Brian Sonlon, states: “The purpose of this letter is to describe the steps that I will take to avoid any actual or apparent conflict of interest in the event that I am confirmed for the position of Secretary, Department of the Treasury. It is my responsibility to understand and comply with commitments outlined in this agreement.” Within two weeks of the Biden regime taking power,

EXC: Biden Treasury Sec Yellen Paid by Chinese Communist Party-Linked Group.

Treasury Secretary Janet Yellen’s financial disclosures reveal she was paid to speak at Caixin – a Beijing-based media outlet with ties to the Chinese Communist Party, The National Pulse can today reveal. The financial relationship is revealed via her most recent disclosure as item 33 on a 68-item-long list titled “Filer’s Sources of Compensation Exceeding $5,000 in a Year.” Caixin has been highlighted by The Washington Post for its ties to the Chinese Communist Party through its founder Hu Shuli, including personal friendships with former party leadership: “Caixin, which Hu founded after leaving Caijing in 2013, has been able to navigate China’s media

GameStop Short Sell Firm Citadel Paid Biden’s Treasury Secretary $MILLIONS.

Joe Biden’s Treasury Secretary Janet Yellen has made over $7 million from speaking at Wall Street firms including Citadel – which has invested billions of dollars in the primary hedge fund now suffering as a result of the GameStop stock surge.  Yellen’s financial disclosures reveal over 60 speeches to financial firms, and items 25, 29, and 49 on the list shows her receiving a sum of $810,000 from Citadel in speaking fees. Following a Reddit-induced skyrocket in the price of GameStop, a company heavily shorted by Melvin Capital Management, trading platforms including RobinHood have started to ban trading of the

President Trump Delivers ANOTHER Quarter of Economic ‘Winning’!

Last week, the Commerce Department announced the U.S. economy grew at 3 percent for the second quarter in a row! If this initial estimate holds up, our economy will compete for its third straight quarter of 3-plus percent growth which, if achieved, would be the first time we landed this economic “hat-trick” since before the 2008 financial crisis. The second quarter’s economic expansion was made more impressive by the fact that the U.S. suffered two major hurricanes during this time span. These hurricanes damaged powerful centers of economic activity, including Texas and Florida, yet the ‘Trump Boom’ still proved resilient.

The One, Serious Problem with Trump’s Budget

Last week, President Trump released a budget plan that was widely praised by conservatives for reining in future spending. However, buried near the back of the budget (page 51) is one item in need of further attention — the Trump administration’s interest rate projections. Under Trump’s budget, interest rates on 10-year bonds are projected to rise from 2.7 percent currently to 3.8 percent in 2027. While the 1.1 percent rise in interest rates over the next decade is in accordance with Blue Chip forecasts (which could explain why the figures were chosen for budgetary purposes), the fact that Trump’s budget

The Fed’s Surrealistic “Melting Clocks” Monetary Policy Is the American Dream Killer

“Houston, we’ve had a problem here.” With those low-key words, command module pilot Jack Swigert of Apollo 13 revealed that, in the later recollection of mission commander James A. Lovell, its “oxygen tank No. 2 blew up, causing No. 1 tank also to fail. We came to the slow conclusion that our normal supply of electricity, light, and water was lost, and we were about 200,000 miles from Earth.” NASA’s heroic and successful effort to return the crew safely home is part of national lore and history. “Washington, we’ve had a problem here,” we, the voters, are saying, far more emphatically.

Cruz Questions Yellen on Fed Policy

Ralph, you noted this first, but this New York Sun editorial is worth a closer look. In a glowing column Friday, the Sun praised Ted Cruz for his astute questioning of Federal Reserve Chair Janet Yellen in last week’s Joint Economic Committee hearing, and in particular for focusing on the effectiveness of having a monetary rule verses current Fed policy: The key question Mr. Cruz asked is whether Mrs. Yellen agrees with her predecessor Paul Volcker that the absence of a cooperatively managed rules-based monetary system has not been a great success. Mr. Volcker offered that assessment in a speech

Ted Cruz Grills Janet Yellen Over Good Money

Last week at a hearing before the Congressional Joint Economic Committee, JEC member Sen. Ted Cruz, who has — to great notice and some predictable attacks from the left — proposed restoring the gold standard, asked several very sophisticated questions of Fed Chair Janet Yellen. Cruz’s questioning was effusively praised by Scott Sumner, David Beckworth, and Norbert Michel, among others, as reported in the Washington Examiner‘s “Cruz steps outside GOP orthodoxy with free-market criticism of Fed.” The Examiner: For a Republican, Ted Cruz has a unique criticism of the Federal Reserve. The conservative Texas senator and contender for the GOP presidential

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