Where Was Biden’s SEC Sheriff on Sam Bankman-Fried?

Securities and Exchange Commission Chairman Gary Gensler is trying to spin the FTX blow-up as a cautionary tale about the crypto “wild West.” But where was the SEC sheriff when Sam Bankman-Fried was funneling FTX customers’ funds to his Alameda Research trading house to finance risky bets and a lavish lifestyle?

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Household wealth down by $13.5 trillion in 2022, second-worst destruction on record

The bear market in stocks and rapid inflation eroded the real wealth of American households during the first three quarters of 2022.

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263,000 JOBS CREATED IN NOVEMBER

U.S. Bureau of Labor Statistics reported that the unemployment rate was unchanged at 3.7 percent in November and has been in a narrow range of 3.5 percent to 3.7 percent since March. The number of unemployed persons was essentially unchanged at 6.0 million in November.

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Leaders in Congress Say They Will Act to Prevent Rail Strike

Democratic and Republican leaders in Congress vowed on Tuesday to pass legislation averting a nationwide rail strike, saying they agree with President Biden that a work stoppage during the winter holidays would disrupt shipping and deal a devastating blow to the nation’s economy.

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US Treasury authorizes Chevron to expand oil pumping in Venezuela

Chevron Corp. has won U.S. approval to resume and expand its oil operations in Venezuela, the U.S. government announced on Saturday.

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Joe Biden’s “Alternative Energy” Fantasy

Blocking pipelines, refusing to hold federal lease auctions for exploration and production, canceling the Keystone XL oil pipeline, and looking to block oil and gas exports are just a few of the destructive energy policies that the Biden administration has adopted. 

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