Key takeaways: Former President Donald Trump is reportedly feeling “very anxious” ahead of a possible indictment over hush money payments to Stormy Daniels. The investigation…
Posts tagged as “Advancing American Freedom”
Mike Pence has downplayed potential protests this week, encouraged by former President Donald Trump, saying that the American people have the constitutional right to peaceably assemble. He condemned the violence that occurred at the US Capitol on January 6th, 2021, and believes any prosecutorial actions against Trump would be politically charged. Pence also noted that the country should focus on healing and moving forward, rather than dwelling on the past.
Key takeaways: Congress must investigate the circumstances that led to the closures of Silicon Valley Bank and Signature Bank of New York. Allowing a large,…
Former Goldman Sachs CEO Lloyd Blankfein and former top economic adviser in the Trump White House Gary Cohn have both recently discussed the banking industry and the potential for a systemic emergency. They both agree that the Federal Reserve, FDIC, and Treasury Department have the power to guarantee deposits bank by bank in such an event, making Americans' money "kind of safe with an ellipsis."
Tucker Carlson mistakenly claimed a 2017 clip of Treasury Secretary Janet Yellen was from 2007, highlighting the importance of the Federal Deposit Insurance Corporation (FDIC) and accuracy when discussing the financial system. The FDIC provides insurance for deposits up to certain thresholds at American banks and helps to prevent one bank's failure from turning into a financial panic.
Derek Chauvin, the former Minneapolis Police Officer convicted of murdering George Floyd in 2020, pleaded guilty to two counts of tax evasion in a Washington County court on Friday. His ex-wife had previously pleaded guilty to two counts of underreporting their income and failing to file tax returns. Chauvin is currently serving a 40-year sentence for the murder of Floyd, and faces a maximum of five years in prison for the tax evasion charges, with a sentencing hearing scheduled for August 12.
The FBI is offering a $20,000 reward for information leading to the whereabouts of Maria del Carmen Lopez, a 63-year-old US and Mexican citizen who was kidnapped from her home in Mexico on February 9. The Colima Attorney General's office is working with the FBI on the investigation, and the public is being asked to be aware of any suspicious activity that may be related to the case. The kidnapping is the latest in a series of violent incidents involving Americans in Mexico, prompting the US State Department to issue a travel advisory warning US citizens to exercise increased caution when traveling to Mexico.
Sanofi, one of the three major insulin makers in the US, has announced a 78% reduction in the list price of its most widely prescribed insulin, Lantus, and a $35 monthly cap for those with private insurance. Uninsured Americans are eligible for Sanofi’s Insulins Valyou Savings Program. President Joe Biden praised the move, and Eli Lilly and Novo Nordisk have also announced changes to how they price their insulin this month. The Inflation Reduction Act and the actions of the three major insulin makers are a step in the right direction to make insulin more accessible and affordable for people with diabetes.