U.S. Potentially Facing New Era of High Interest Rates

Fed Chair Jerome Powell

The United States could be facing an era of prolonged high interest rates unlike anything seen in recent memory.

According to Axios, a number of major factors indicate that high interest rates could be the new norm in the U.S., including the movement of rates, the rate of inflation, and the recent outlook for the Federal Reserve’s policy in addressing these issues.

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Biden Vows to Block Foreign Acquisition of Iconic American Company

President Joe Biden

President Joe Biden promised on Wednesday to block the acquisition of U.S. Steel by a Japanese competitor in remarks to a crowd in Pittsburgh, Pennsylvania, made up of unionized steelworkers.

The Japanese Nippon Steel Corporation, the fourth-largest steel producer, first announced that it would be acquiring U.S. Steel in December for around $14.9 billion after turning down other offers, including from American steel company Cleveland Cliffs. The president, in his remarks, emphasized the importance of the American steel industry and called out China for subsidizing their own steel producers.

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Former D.C. National Guard Officials Criticize Pentagon Leadership in Assessment of J6 Response

Command Sergeant Major Michael Brooks

Four former D.C. National Guard officials turned whistleblowers excoriated military leadership for their response to the January 6 riot at a hearing held by the House Administration Subcommittee on Oversight Wednesday.

Based their firsthand accounts, they said that senior leadership failed to act decisively to authorize the deployment of the D.C. National Guard to the Capitol and subsequently crafted a misleading narrative about their actions that day to paper over the delays.

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Commentary: Uncomfortable Facts About Why Fatal Police Shootings Aren’t Declining

Police arresting suspects

When Dexter Reed died in a shootout with Chicago police on March 21, the incident was quickly grafted onto a narrative that began in 2014 after a policeman killed Michael Brown in Ferguson, Mo. – namely, that the U.S. faces an epidemic of violence by unbridled cops who do not believe black lives matter. “Killing of Dexter Reed raises questions about Chicago police reform. ‘The message is, go in guns blazing,'” blared a headline in the Chicago Sun-Times.

Reed’s death joins a long list of police shootings that have received wide media coverage and political scrutiny – especially those involving African Americans. Over the years, many police departments embraced reforms, including the use of bodycams, to document incidents – an effort bolstered by a public eager to use smartphones to record the behavior of cops. In 2015, the Washington Post created a database logging every person shot dead by police in the U.S.

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