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The Senate just confirmed Kevin Warsh to become the next chair of the Federal Reserve on a 54-45 vote.This marks a new chapter in the history of an institution that depends for its credibility on political independence. That independence is important to you and everyone else who wants prices to remain stable and avoid inflation. Trump has repeatedly attacked the Fed and its former chairman, Jerome Powell (not incidentally, a Trump appointee) for not lowering interest rates as quickly as Trump wants. Presumably, Trump wants lower interest rates because he figures that a “hot” economy is good for Republicans going into the 2026 midterms and perhaps even the 2028 general election, even if it means fast

President Donald Trump recently said that he does not care about Americans’ financial situation as his war against Iran continues raising prices on essential goods — and experts are saying this may cost him the 2026 midterm elections.On Tuesday Trump was asked by The New York Times’ Erica Green if he will be motivated by Americans’ economic hardships as he tries to strike a deal that will end the Iran war. Because Iran closed the Strait of Hormuz after Trump invaded their country earlier this year, prices on gas, food and other necessary products have skyrocketed.“Not even a little bit,” Trump told Green. “I don’t think about Americans’ financial situation. I don’t think about anybody

Ex-DHS official Miles Taylor said President Donald Trump should get ready for an ugly world once he’s out of the White House after prosecutors begin to chew on his obvious allegations of corruption.“It's clear there's no one telling him ‘no’ inside,” said MS NOW anchor Chris Hayes, referring to Trump’s attempt to convince his own appointees to hand him a whopping $10 billion settlement while president. “And if there were ever a clearer example of that, to me, it is this there is no one saying you cannot give yourself $10 billion from the us treasury.

Finger pointing is underway in Massachusetts as the GOP-backed candidate for lieutenant governor accuses a Republican firm of scamming her out of the September primary ballot.WBUR reports Anne Brensley in a Wednesday statement said her campaign had relied partly on an outside firm to collect the 10,000 signatures required to get on the ballot. But she said the firm, run by Republican Joe Bronske, failed to collect the promised 6,500 signatures."Instead of a legitimate statewide signature operation, the campaign fears it has been the victim of an unprecedented fraud scheme involving forged nomination papers and fabricated pro

President Donald Trump has boasted about his plans to renovate the Lincoln Memorial’s Reflecting Pool, but recent reports indicate that he is quietly backing away from his former pet project.“It’s never been altogether clear why exactly Donald Trump began fixating on renovating the Lincoln Memorial Reflecting Pool, but like his beloved ballroom vanity project, it’s not going smoothly,” reported MS NOW’s Steve Benen on Wednesday. “The endeavor is not only facing a new lawsuit, the price tag has climbed to $13.1 mil

For years, scientists have researched whether there is any connection between genetic intelligence and political preference, yet the results were contradictory. By incorporating class into the research, however, one researcher has found a startling and consistent pattern: Intelligent people are inclined to be left-wing economically if they were born poor and right-wing economically if they were born wealthy.“In this study, I argue that this puzzle can only be understood from a gene–environment interaction (GxE) perspective,” wrote Uppsala University's Department of Government researcher Rafael Ahlskog

Florida voters unleashed punishment on the White House in on-the-street interviews conducted by MS NOW reporters this week.“It’s bull crap,” said one Latana, Florida, voter, speaking of Trump’s recent admission to reporters that he does not “think about Americans’ financial situation’ when considering his self-created war in Iran.“Not even a little bit,” Trump immediately answered, when asked by a reporter “to what extent are Americans’ financial situation motivating you to make a deal [with Iran]. “The only t

Former GOP speechwriter Tim Miller says voters are getting tired of the old people running the country, and President Donald Trump appears to be one of them.“As the failures of American politics have become painfully obvious — from Congress’s inability to make policy to the political parties being helmed by octogenarians to the inefficiencies that are driving Californians to move to red states — frustration with government’s lack of ability to do anything might just be the one th

I do the cooking in the family, so I’m also the guy who shops for the groceries.Truth is, I like doing both just fine, because sitting down for a good meal is one of life’s underrated treats. When I was done this morning corralling the goods at the local market that I hoped would get us through a few day’s worth of semi-fine dining, I aimed my shopping cart into an empty checkout line and started offloading my supplies. Experienced shoppers will know that there’s nothing like the privilege of scooting into an empty line at the grocery store. Better yet, this welcoming aisle was being staffed by one of my favorite cashiers, Betty.All signs were pointing to a better-than-average day.

President Donald Trump’s health is so deeply embedded in the news that MAGA podcaster and Trump endorser Joe Rogan was mulling the aftermath of his death in Tuesday’s “Joe Rogan Experience” podcast.Rogan and his guest, former MMA fighter and podcaster Brendan Schaub discussed the world Trump would leave behind now that he has so thoroughly disrupted global oil supplies with his self-inflicted war in Iran.The topic popped out as the two discussed how global oil companies would assassinate Trump if he cared enough to protect U.S. consumers from oil price gouging.“High world prices still translate in