Data shows that last year, the five most active traders in Congress were:
Rep. Josh Gottheimer, D-N.J., with 526 trades and $91,050,000 in volume
Rep. Nancy Pelosi, D-Calif., with 17 trades and $37,750,000 in volume
Rep. Scott Franklin, R-Fla., with 69 trades and $5,993,000 in volume
Sen. Tommy Tuberville, R-Ala., with 202 trades and $5,531,500 in volume
Sen. Markwayne Mullin, R-Okla., with 71 trades and $4,407,000 in volume
Switzerland's central bank said Thursday it has reduced its target interest rate by a quarter of a percentage point, adding that inflationary pressures have eased. The Swiss National Bank says its policy rate would drop to zero from 0.25% USA, let's not be left behind. Time to drop interest rates.
“Affordable and reliable energy is the key to South Carolina's continued economic prosperity, and nuclear power must play a key role as we work to shape our energy future," said South Carolina Gov. Henry McMaster.
SC has it right; I hope the guys in DC are following suit.
Only a "fraudster" would care if they miss a Social Security check, Commerce Secretary Howard Lutnick said in a new interview this week. He's right; millions wouldn't call if their checks weren't sent. They would suffer without food, power, and/or medication. That generation thinks it is better to suffer in silence than to complain. Lutnick needs to go.
When there isn't enough information, humans create a story. The wildfires are 1. terrorist group started, 2. a way to build back better as a "smart city," 3. a land grab, or 4. Mother Nature. Thoughts?
A positive from tariffs is that we can look within. When I say within, I don’t mean in some existential meditative way; I mean within our borders, our industry. One way to work with tariffs is to reduce reliance on foreign materials. That includes our supply chain, assembly, and sub-system materials. Overnight, things have become more expensive for startups. So companies need to pivot to a truly “American-made” product.
"The mounting issues facing our country are complex. If we're going to solve these problems, we can no longer afford to leave the talent of half our nation out of the conversation," Kerry Healey, Lieutenant Governor of Massachusetts, 2003-2006
@elonmusk has a long history of leading the charge on technologies that nobody said were possible and doing it faster and less expensively than anyone said he could. I think he will be the first global trillionaire.
U.S. Electricity Costs increased by 24.8% in three years while demand was flat. Why? Decarbonization goals and the IRA created a profit motive to build renewable generation that needed new transmission. Thoughts?