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Yellen Testifies
Secretary of the Treasury Janet Yellen testified earlier than the U.S. Senate right now relating to the state of the banking system. She tried to reassure lawmakers and the general public that there’s no trigger for concern.
“I can reassure the members of the committee that our banking system remains sound, and that Americans can feel confident that their deposits will be there when they need them,” she mentioned.
Yellen additionally said that inflation stays America’s primary financial situation. “I consider high inflation the number one economic problem that all of us need to face and address … I was very supportive of the American Rescue Plan.”
TikTok Updates
The Biden administration has demanded that TikTok guardian firm ByteDance promote the video software or face a potential ban in america.
Lawmakers from each events are involved over reviews that the Chinese language Communist Get together has entry to consumer knowledge by way of TikTok, a massively common social media app amongst younger People.
These considerations drove the Biden administration to reportedly situation an ultimatum to TikTok’s guardian firm ByteDance: both promote TikTok to an organization not linked to China, or danger a nationwide ban. ByteDance pledged in August of final 12 months to spend $1.5 billion on constructing safeguards to guard American knowledge from the Chinese language authorities.
However that pledge doesn’t seem to have been sufficient for U.S. officers. President Joe Biden and dozens of state governors have banned the app from authorities units. Officers within the European Union took the same step final month.
DOD Releases Drone Crash Footage
The Division of Protection launched video footage Thursday morning of the incident during which two Russian fighter jets harassed a U.S. navy drone over worldwide waters — resulting in a collision and the whole lack of the U.S. drone. The U.S. European Command mentioned in an announcement that the 2 Russian plane performed “an unsafe and unprofessional intercept” on March 14. One retired Brigadier Common and former U.S. Navy deputy consultant to NATO, Blaine Holt, instructed Newsmax that the video regarded extra like an accident as a result of an unskilled pilot.
“What I just saw in that video was a pretty crappy Russian fighter pilot looking to get a close look at that drone and he clipped it. He just absolutely stinks at his job,” he mentioned. “There’s no mastermind here. This is just a guy who needs to go back to pilot training and bring back a messed-up jet.”
“This is just a guy who needs to go back to pilot training and brought back a messed-up jet.”
Brigadier Gen. Blaine Holt (Ret.) reacts to the launched video exhibiting a Russian fighter jet colliding with a U.S. drone. @RobFinnertyUSA @AlisonMaloni
MORE: https://t.co/tbVQsfct2e pic.twitter.com/aOtJG1vZGk
— NEWSMAX (@NEWSMAX) March 16, 2023
Some intelligence sources, nonetheless, instructed NBC that the Kremlin accredited the fighter jets’ actions.
Biden Crime Household?
A brand new report from the Home Oversight Committee claims that one other Biden member of the family — this time Hallie Biden, the widow of Beau — profited off the president’s political connections by taking payouts from individuals related to the Chinese language Communist Get together. Home Oversight Committee Chairman James Comer of Kentucky alleged Thursday that, “Over the course of several years, members of the Biden family and their companies received over $1.3 million in payments from accounts related to their associate, Rob Walker. Most of this money came as a result of a wire from a Chinese energy company and went not only to Hunter and James Biden, but also to Hallie Biden and an unknown ‘Biden.’”
Right here he’s on Fox Information discussing the matter:
🚨@GOPoversight goes to proceed to make use of Biden household financial institution information & suspicious exercise reviews to observe the cash path to find out the extent of the Biden household’s enterprise schemes.
I’ll proceed to be clear and supply the American individuals our findings. @FoxNews pic.twitter.com/BDKCo7ALIU
— Rep. James Comer (@RepJamesComer) March 16, 2023
FBI Raids House Of Ex-Maryland Governor Larry Hogan’s Former Chief Of Employees
The FBI raided the Florida dwelling of the previous chief of workers to ex-Maryland Governor Larry Hogan, a Republican, on Wednesday. Roy McGrath was scheduled to seem in courtroom on Monday for a legal trial, however by no means confirmed up — prompting officers to launch a manhunt. McGrath has pleaded not responsible to an eight-count federal indictment on expenses together with wire fraud, in addition to fraud and embezzlement expenses referring to a whole bunch of hundreds of {dollars}.
McGrath’s legal professional says that he has no concept the place his consumer is, noting that this choice to not seem at courtroom on Monday is “out of the ordinary” conduct.
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