A super-majority of voters have negative views of the U.S. economy and disapprove of President Biden’s handling of the issue, according to a Wall Street Journal poll that the paper describes as “a stark warning to the 80-year-old incumbent ahead of the 2024 contest.”...
Economy
Americans Sour on Bidenomics: Most Say Economy Worse Than Five Years Ago
Americans have soured on Bidenomics, concluding that the U.S. economy is worse now than it was five years ago under former President Donald Trump’s leadership, a recent Reuters/Ipsos survey found. For the full article, click here.
Prosecutors Offer to Drop Some Charges Against Disgraced FTX Boss and Democrat Super Donor Sam Bankman-Fried
Sam Bankman-Fried, the disgraced founder of crypto exchange FTX and a Democrat super donor, is set to stand trial in October on multiple criminal charges, including allegations of financial fraud involving billions of dollars. For the full article, click here.
Sweet Little AI Lies: New York Lawyer Faces Sanctions After Using ChatGPT to Write Brief Filled with Fake Citations
A New York-based attorney is facing potential sanctions after using OpenAI’s ChatGPT to write a legal brief he submitted to the court. For the full article, click here.
Yellen Warns Government ‘Highly Likely’ to Run Out of Cash by Early June
Treasury Secretary Janet Yellen doubled down Monday on her default projection, telling House Speaker Kevin McCarthy (R-CA) the government could reach its debt limit as early as June 1. For the full article, click here.
Scott Talks Solutions To President Biden’s Failed Border Policies, Broken Economy on Fox & Friends
Massive Bank Failures Just Keep Piling Up
When Silicon Valley Bank collapsed in March, it was the second biggest bank failure in American history. But now, just two months later, it’s only the third biggest. For the full article, click here.
Poll: 67% Say Nation Is on Wrong Track as Joe Biden Demands 4 More Years
A majority of Americans believe the nation is heading on the wrong track, a CIVIQS poll found this week, as President Joe Biden launched his reelection campaign Tuesday, demanding four more years. For the full article, click here.
Sen. Scott Discusses Banking Policy, Economic Solutions on Fox Business’ Mornings With Maria
The Federal Reserve Increases Interest Rates amid Banking Crises
The Federal Reserve continued to increase interest rates by quarter of percent (25 basis points) on Wednesday, a decision subject to speculation by financial experts, as the central bank weighed reducing soaring inflation and the stability of the banking system. For...