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Invest America Act Gives $1,000 To Every US Newborn's Investment Account: Dell CEO Calls It 'Future-Proofing Prosperity,' Sam Altman Asks For 'More Stuff Like This'
Wednesday, July 9, 2025 - 5:03am | 758Starting July 4, 2026—the nation's 250th birthday—every child born in the U.S. will receive a $1,000 government-funded investment account, thanks to the newly passed Invest America Act. What Happened: The legislation, introduced by Sen. Ted Cruz (R-Texas) and backed by President Donald Trump, aims...
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'Financial Repression Is Coming,' Warns Lawrence McDonald As Ted Cruz Seeks To End $1.1 Trillion Fed Interest Payment Scheme
Thursday, June 12, 2025 - 3:27am | 516Market veteran Lawrence McDonald has a stark warning regarding a recent GOP proposal spearheaded by Sen. Ted Cruz (R-Texas) that calls for nixing federal interest payments to banks. What Happened: On Wednesday, McDonald, the founder of the newsletter The Bear Traps Report, posted on X, quoting a...
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Jeremy Siegel Backs Ted Cruz's Plan To End Fed Interest Payments On 'Excess Reserves,' Potentially Saving $2 Trillion In Deficits: 'Not A Trivial Concern'
Tuesday, June 10, 2025 - 6:52am | 563After Sen. Ted Cruz (R-Texas) pushed for abolishing the interest paid by banks on their deposits with the Federal Reserve, senior economist Jeremy Siegel supported his arguments, whereas the JPMorgan Chase & Co. strategists opposed the idea, warning of serious implications. What Happened: Cruz...
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'Duck Dynasty' Star Phil Robertson Passes Away At 79
Monday, May 26, 2025 - 11:39pm | 418Phil Robertson, the patriarch of the Robertson family and co-founder of Duck Commander, has died at the age of 79. What Happened: On Monday, Robertson's family confirmed his passing in a heartfelt statement on Facebook, writing, "We celebrate today that our father, husband and grandfather, Phil...
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Chamath Palihapitiya Slams Anti-DOGE Crusade As Catalyst For Bond Turmoil —Says Critics 'Will Never Admit It'
Thursday, May 22, 2025 - 1:01am | 925As U.S. Treasury yields spike alongside falling equities and a weakening dollar, investor Chamath Palihapitiya puts the blame squarely on the media and the political establishment. What Happened: On Wednesday, in a post on X, Palihapitiya, while talking about the rising yields and renewed...
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Trump's No Tax On Tips Agenda Gets A Boost As Senate Approves Bill, Ted Cruz Praises President's 'Political Genius' For Backing The Idea
Tuesday, May 20, 2025 - 8:32pm | 577The Senate has passed a bill aimed at removing federal taxes on tips, marking a key victory for President Donald Trump and his administration’s agenda. What Happened: The Senate approved a bill on Tuesday that aims to remove federal taxes on tips, as reported by The Hill. This...
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Poll Shows Vance With Big Lead For 2028 GOP Presidential Nomination
Saturday, May 17, 2025 - 2:15pm | 366Vice President JD Vance has a huge lead over other possible contenders for the 2028 Republican presidential nomination according to a new poll. What Happened: A survey conducted by J.L. Partners reveals that 46% of registered Republicans support Vance as the successor to President Donald Trump. No...
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Sen. Ted Cruz Wants To Give Americans $1,000 At Birth To Invest, Bill Ackman Says He's 'Been A Fan Of This Idea For Years'
Wednesday, May 14, 2025 - 8:21am | 477Billionaire hedge-fund boss Bill Ackman hailed Sen. Ted Cruz's proposal to give every newborn American a $1,000 investment account, posting on X: "I have been a fan of this idea for years. It is great to see it finally happening." What Happened: Ackman's praise followed Cruz's CNBC clip touting the...
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Trump's Millionaire Tax More Of A Symbolic Gesture Than Step Towards Reducing Inequality, Warn Experts: 'It's Going To Give A Lot Of Republicans Heartburn'
Monday, May 12, 2025 - 3:57am | 570President Donald Trump‘s proposed millionaire tax, which aims to increase the tax rate on income over $2.5 million, is being seen as largely symbolic and unlikely to significantly impact revenue or inequality by experts. What Happened: Howard Gleckman, from the Urban-Brookings Tax Policy ...
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Donald Trump Set To Sign Landmark 'Take It Down Act' As Congress Targets Deepfake Images And Videos
Monday, April 28, 2025 - 9:40pm | 610President Donald Trump is expected to soon sign into law the “Take It Down Act,” a sweeping bipartisan measure that targets the spread of nonconsensual, sexually explicit deepfake images and videos online. What Happened: On Monday, the House overwhelmingly passed the “Take It Down...
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Trump's Trade War May Lead To GOP's Massive Downfall In 2026, Warn Republican Senators
Monday, April 14, 2025 - 9:40am | 610Republican senators have voiced their apprehensions about the potential political fallout of President Donald Trump‘s ongoing trade war on the GOP’s prospects in the 2026 elections. What Happened: Republican lawmakers are drawing comparisons with the 1932 and 1982 elections, where trade...
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Elon Musk Says AI Will Be Smarter In 10 Years Than Humans, Who Will Have A 'Much Higher Standard Of Living'
Thursday, March 27, 2025 - 5:56pm | 590Billionaire Elon Musk broke down the positives and negatives from the growth of robots and artificial intelligence in a new interview, including a fearful projection of the potential of robots taking over the world in an interview with Sen. Ted Cruz. Growth of AI, Robots: Musk had plenty of answers...
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Elon Musk, Ted Cruz Joke About Cannabis On Podcast: Should I 'Pull Out A Joint' To Boost Ratings?
Thursday, March 20, 2025 - 6:00pm | 543Elon Musk and Sen. Ted Cruz (R-Texas) shared some marijuana mirth recently on the latter's podcast, in which they pondered whether smoking weed on the air might boost viewership. "But I was pretty sure it might cause a scandal if we smoked pot," Cruz said. In an episode of "Verdict with Ted Cruz,"...
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Melania Trump Attacks Democrats For Skipping Key Discussion On Deepfakes — First Lady Wants Tougher Safeguards For Children
Tuesday, March 4, 2025 - 12:28am | 802First Lady Melania Trump used her first major public appearance to call for stronger protections against online abuse, advocating for legislation targeting deepfake and revenge pornography while criticizing Democrats for their absence at the discussion. What Happened: Speaking at a Capitol Hill...
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Google Donates $1 Million To Trump Inauguration, Plans YouTube Livestream: 'Pleased To Support'
Thursday, January 9, 2025 - 11:24am | 522Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) owned search giant Google is the latest tech company to donate to Donald Trump's inauguration fund ahead of the highly anticipated Jan. 20 event. What Happened: Google announced a $1 million donation to Trump's inauguration, joining the ranks of Meta...