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Sunday, December 5, 2021

Fed Chair Jerome Powell Pivots to Inflation Fighting

Federal Reserve Chairman Jerome Powell said Tuesday that the Fed’s target for inflation had been reached and that the Fed would consider accelerating the wind-down of its easy-money policies in light of persistently high inflation. The announcement marks a major pivot for Powell into an inflation-fighting mode. Until Tuesday’s testimony before the Senate Banking Committee,…

‘It’s Ravaging Our People’: John Kennedy Holds Nothing Back With Powell, Yellen Over Skyrocketing...

Republican Louisiana Sen. John Kennedy pressed Federal Reserve Chairman Jerome Powell and U.S. Treasury Secretary Janet Yellen on the continuing rise of inflation on the Senate floor Tuesday.“Is the Fed considering increasing the pace of its tapering? We’ve got to get control of inflation, it’s ravaging our people,” Kennedy told Powell. “I think what we…

‘He’s the Mad Hatter’ — Sen. Barrasso Calls Biden’s Spending ‘Alice in Wonderland’ Logic

Republican Wyoming Sen. John Barrasso slammed President Joe Biden’s Build Back Better Act as “Alice in Wonderland” logic and compared Biden to “the Mad Hatter.”Barrasso appeared on Fox News Sunday and was asked about the $1.2 trillion infrastructure bill that passed the House with a 228-206 vote, as 13 Republicans and 6 Democrats voted for…

President Biden’s Average Approval Rating Sinks to 41.6 Percent

President Joe Biden’s approval rating is now underwater by double digits, over 10 months into his presidency, Friday’s RealClearPolitics’ average shows. RCP’s average of polls, which includes Rasmussen Reports, Economist/YouGov, NPR/PBS/Marist, Reuters/Ipsos, Fox News, Politico/Morning Consult, Quinnipiac, ABC News/Washington Post, Gallup, Monmouth, Federalist/Susquehanna, USA Today/Suffolk, Emerson, and CNN, currently shows Biden’s approval rating sitting at…

Rep. Jim Jordan Flames Biden’s Policies, Says They ‘Seem’ To Be Intentionally ‘Making Things...

November 26, 2021 3:12 PM ET Republican Ohio Rep. Jim Jordan ripped into President Joe Biden’s economic policies Friday morning, claiming they seem to be “intentionally making things worse.”Jordan was asked by “Fox & Friends” substitute co-host Lawrence Jones whether he agreed with Biden’s recent comments during Thursday’s Macy’s Thanksgiving Day Parade in which he…

REPORT: Kamala Harris Spent More Than $500 On Cookware As Inflation Looms Large

November 25, 2021 3:45 PM ET Vice President Kamala Harris spent more than $500 on cookware appliances as Americans face rising costs and economic turmoil going into the holiday season, the Washington Free Beacon reported.During her four-day trip to Paris in mid-November, Harris visited high-end cookware store E. Dehillerin located outside of the Louvre museum.…

FACT CHECK: Did Jen Psaki Tell People To Eat Taco Bell For Thanksgiving?

Tweets claimed White House Press Secretary Jen Psaki recommended people eat Taco Bell for Thanksgiving.Twitter/Screenshot Twitter/Screenshot Verdict: False There is no record of the White House or Psaki recommending for people to eat Taco Bell for Thanksgiving. The claim comes from a satirical Instagram page. Fact Check: The average Thanksgiving meal is expected to be…

Report: General Mills Will Raise Prices up to 20 Percent in January

General Mills informed its retail customers that prices would rise on hundreds of its items throughout dozens of its brands in mid-January, according to a report. The report from CNN Business indicated that the company sent a letter to at least one major regional wholesale supplier indicating that the company intends on raising its prices and…

POLL: Majority Of Americans Say Inflation Has Forced Them To Change Thanksgiving Plans

November 23, 2021 5:54 PM ET A majority of Americans say inflated grocery and gas prices have forced them to change their Thanksgiving and other holiday plans, according to a Tuesday poll from the Trafalgar Group and Convention of States.A total of 52% of those polled stated that inflated prices have forced them to change plans, with…

Bidenflation: 26% of Americans Say Economy Is Top Concern, Highest Since Pandemic Struck

The number of Americans who rank economic issues as the nation’s top problem has reached the highest point since the pandemic began, Gallup poll said Monday. The latest survey found that 26 percent of Americans view economic issues—such as inflation, unemployment, and general economic conditions—as a top priority. At the same time, Gallup’s measure of…

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