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Republicans face ticking midterm clock as Iran fallout keeps pressure on gas prices

As the Trump administration weighs diplomacy and military pressure against Iran, a political clock is ticking at home. Even if the Strait of Hormuz — the global oil choke point largely shuttered since the conflict with Iran due to Iranian attacks — reopened immediately, it could take months for oil flows to return due to logistical bottlenecks involving trapped tankers, swollen inventories and damaged oil infrastructure, according to Kpler oil analyst Matt Smith, pushing normalization of...

Fox News 5d ago

Former Fed chair Jerome Powell issues stark warning as he’s honored for standing up to Trump

Former Fed chair Jerome Powell issues stark warning as he’s honored for standing up to Trump Speaking at the John F. Kennedy Presidential Library in Boston, Powell underscored the critical role of universities, courts, Congress, and the Federal Reserve, describing them as "the foundation and the embodiment of our democracy” - Bookmark - CommentsGo to comments Jerome Powell, the former Federal Reserve Chair, used a major public appearance to champion the independence of vital institutions,...

The Independent World 9d ago

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools

BOSTON — Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honoring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library overlooking Boston Harbor, Powell called universities, courts, Congress and the central bank “the foundation and the embodiment of our democracy” and argued that the Fed’s independence was a...

Politico EU 9d ago

Never Call Retreat

We tend to think we have one national anthem, but to me, we have always seemed to have two. The first is the official one, “The Star-Spangled Banner.” The second is “Battle Hymn of the Republic.”

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Why the Public Is Gravitating Toward the Hunter Biden Approach

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. For some time, the Biden family standings were clear. Hunter, the ne’er-do-well son, resided in the basement.

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How to Tell the American Story

Illustrations by Tyler ComrieOn a July afternoon in 2019, I found myself in a large, sun-dappled room within one of America’s great estates. An assemblage of distinguished jurists, Ivy League professors, nonprofit leaders, journalists, and theologians sat around me in a half circle. I was trying to be on my best behavior, but I blurted out a word dirty enough to make them blanch.

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Republicans face ticking midterm clock as Iran fallout keeps pressure on gas prices

As the Trump administration weighs diplomacy and military pressure against Iran, a political clock is ticking at home. Even if the Strait of Hormuz — the global oil choke point largely shuttered since the conflict with Iran due to Iranian attacks — reopened immediately, it could take months for oil flows to return due to logistical bottlenecks involving trapped tankers, swollen inventories and damaged oil infrastructure, according to Kpler oil analyst Matt Smith, pushing normalization of...

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American Christians Face a Choice

ROBERT JEFFRESS, the pastor of the First Baptist Church in Dallas, has long been one of Donald Trump’s most fawning supporters. By his own account, one reason for his loyalty is that Trump embodies an ethic—cruel, vengeful, and mendacious—that Jeffress and many millions of evangelicals and fundamentalists not only tolerate but welcome. In an NPR interview in 2016, Jeffress explained, “I don’t want some meek and mild leader or somebody who’s going to turn the other cheek.

The Atlantic 9h ago