Free Republic

Press Releases Rep. Massie Introduces Federal Reserve Board Abolition Act to "End the Fed" Washington, D.C.-, May 16, 2024 For Immediate Release Contact: massie.press@mail.house.gov Contact #: 202-225-3465 WASHINGTON, D.C.- Representative Thomas Massie (R-KY) announces the introduction of H.R. 8421, the Federal Reserve Board Abolition Act. Rep. Massie's legislation abolishes the Board of Governors of the Federal Reserve and the Federal Reserve banks. It also repeals the Federal Reserve Act, the 1913 law that created the Federal Reserve System. "Americans are suffering under crippling inflation, and the Federal Reserve is to blame," said Rep. Massie. "During COVID, the Federal Reserve created...

The Upper East Side, once known as the Silk Stocking District, has embraced cotton scrubs — but not everyone’s thrilled about it. CBRE cited growing demand for healthcare services, especially for those over age 75, for the tony area becoming the “central node” in the Tristate region’s health sector, according to a new report by the company. Five major new hospital and medical projects are rising amid the upper-crust neighborhood’s fancy homes and shops — and three more enormous, highly controversial ones are proposed. New leases and expansions for health facilities in Manhattan totaled nearly 5.4 million square feet since...

Maryland Gov. Wes Moore (D) signed legislation Thursday to create a state-level gun control center mirroring the federal office of gun violence prevention created by the Biden Administration. The Associated Press reported that Moore lauded the creation of the gun control center at a signing ceremony, saying, “Maryland became the first state in the nation to officially answer President Biden’s call.” Democrats touted the center as a way “to foster a statewide partnership with federal and local agencies to reduce gun violence.”

House Oversight Chairman James Comer (R-KY) on Thursday told Fox Business host Maria Bartiromo that his Committee found new Biden family bank accounts. Comer said the Biden family has dozens of bank accounts and dozens of LLCs without any legitimate business. James Comer told Maria Bartiromo that he issued a subpoena for targeted financial information from a “certain financial institution” related to Jim Biden, Sara Biden and Hunter Biden. WATCH: VIDEO AT LINK................... House Republicans previously announced they reviewed 170 suspicious activity reports linked to the Biden Crime Family. Last year Comer identified the NINE Bidens who are implicated in...

Rep. James Comer says House Oversight Committee looking for 'targeted financial information' House Committee on Oversight Chairman Rep. James Comer, R-Ky., announced a new legislative motion that aims to unveil financial information related to the Biden family. "This morning, I issued a subpoena for targeted financial information from a certain financial institution related to Jim Biden, Sarah Biden and Hunter Biden. This is a result of many of the documents that Devin Archer turned over," Comer said on "Mornings with Maria" Thursday. The new subpoena, which Comer claims will hopefully "answer every question [Congress has] had," comes just after another...

Boeing violated a 2021 settlement that protected it from criminal charges tied to the fatal 737 Max crashes, opening the company up to potential U.S. prosecution, the Department of Justice said Tuesday. Federal prosecutors said in a court filing in Texas they are still determining “how it will proceed in this matter” and that Boeing will have 30 days to respond. In January 2021, Boeing agreed to pay $2.5 billion to settle a conspiracy charge with the Justice Department. After a roughly two-year probe, the DOJ accused the company of concealing information about its Max plane that had been involved...

The Dow Jones Industrial Average eclipsed 40,000 points for the first time in its history Thursday as Wall Street cheered slowing inflation and potential for lower interest rates. The iconic stock index was up roughly 111 points shortly before 11 a.m. Thursday, reaching about 40,020 points. The Dow was created in 1895 and includes the 30 most prominent U.S. companies as determined by S&P Dow Jones Indicies. The Dow is up 6 percent since the start of 2024 as investors eagerly await Federal Reserve rate cuts, which could add more fuel to the stock market. While the Fed has held...

The Mirage Hotel and Casino on the Las Vegas Strip, and its instantly recognizable volcano, is soon shutting down after more than three decades in business. The 3,000-room resort will cease operations on July 17 as it undergoes a three-year renovation that wipes away any markings of the Mirage and its tropical theme. Opened in 1989 by casino mogul Steve Wynn, the Mirage ushered in a era of luxe resorts for the Strip and was the first resort to have a sidewalk attraction with its volcano, prompting the Bellagio and Venetian to imitate the Mirage with its dancing fountains and...

3:07 If Democrat-run California wants to force residents into electric vehicles (EVs), Democrat-run California had better start cracking down on crime. Talk about the law of unintended consequences… “Thieves are targeting high-powered Tesla and other EV charging stations and stealing the heavy cable for the copper metal inside,” reports San Francisco’s NBC affiliate. “In Vallejo, someone cut cables from nine charging stations — leaving Tesla drivers in a bind and causing tens of thousands of dollars in damage and repair costs.” “I think this is the second time or third that these have been cut,” a local EV driver added....

Borrowing to pay for college is about to get more expensive: The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will be the highest in 12 years. The federal student loan interest rate will be 6.53% for undergraduate students, up from 5.5% for the current year. The interest rate has not been that high on any undergraduate loans since the 2012-13 school year. Graduate students will see an 8.08% interest rate this coming academic year, up from 7.05%. And PLUS loans, which are available to both parents and graduate students, will come with...

Sen. Mitt Romney (R-UT) told MSNBC on Wednesday there was “no question” that the economy under President Joe Biden was “strong” and “doing well.” After MSNBC host Stephanie Ruhle asked Romney during an interview why he was so optimistic about the future of the country, Romney replied, “First of all, America is an extraordinarily resilient country.” He explained, “We just had this extraordinary pandemic, and yet our economy is strong, low levels of unemployment, it’s extraordinary, and it’s not because the president is pulling all the levers in the right way. No, it’s not. It’s because the American people are...

The 7-2 ruling, whose majority opinion was written by Justice Clarence Thomas, a conservative, reversed a decision by the 5th Circuit U.S. Court of Appeals. Three other conservatives, and the court’s three liberal justices, joined in the majority opinion. The court’s two remaining conservative justices, Samuel Alito and Neil Gorsuch, dissented.

A group of radical pro-Palestinian activists took over a building at the University of California Berkeley on Wednesday, just hours after administrators and protesters struck a deal to end a weeks-long “encampment.” The Daily Californian, the UC Berkeley student newspaper, reported: A group of pro-Palestine protesters broke in and took over Anna Head Alumnae Hall on Wednesday afternoon. The protesters — gathering in a group of about 30 by 3:15 p.m. — hung up the Palestinian flag as well as boards reading “Free Gaza” and “Avenge Al Shifa.” [Al-Shifa is a hospital in Gaza that was taken over by terrorists,...

The US is "rushing ammunition, armoured vehicles, missiles [and] air defences" to Ukraine's front line, Anthony Blinken has said.During a trip to Ukraine, the US secretary of state announced that $2bn would be spent to speed up delivery. His comments came as Russian advances forced Ukrainian to retreat from several villages in the Kharkiv region. Ukraine's President Volodymyr Zelensky has cancelled all his foreign trips to concentrate on the new incursion. Speaking in Kyiv on Wednesday, Mr Blinken said weapons would be rushed to the front lines to "protect soldier, to protect citizens". He said that the air defence systems,...

After a federal judge dismissed a landmark climate lawsuit filed by 18 California children against the U.S. Environmental Protection Agency, the youth plaintiffs plan to amend and resubmit their allegations, their attorneys say. The children — who have lost homes in wildfires, suffered health problems from breathing polluted air, missed weeks of education due to climate change-related school closures and been forced to ration tap water due to unprecedented droughts — sued the EPA for allegedly violating their constitutional rights by allowing pollution from burning fossil fuels to continue despite knowing the harm it poses to kids. Judge Michael Fitzgerald...

Steve Moore, from the Committee to Unleash Prosperity, a free market think tank, says Democrats were to blame for refusing 'to mandate work for welfare.' They 'view food stamps as an economic stimulus and/or virtuous income redistribution,' he said. Meanwhile, the scheme is increasingly targeted by fraudsters. A New York Times investigation spotlighted the scammers who use illegally installed skimming machines to lift payment card data from beneficiaries who swipe their SNAP cards through the devices in stores or at ATMs. Skimming cons picked up in 2022, and that the federal government has spent at least $30 million reimbursing stolen...

What Is Happening? Another Barge Hit Another Bridge Causing a Partial Collapse in Galveston VIDEO AT LINK.................

The city Buildings Department has eliminated a quarter of its budgeted workforce since 2022 — and many of the jobs were held by inspectors who are supposed to identify issues with structures before a potential collapse. The troubling revelation surfaced Tuesday during a meeting of the City Council’s Committee on Housing and Buildings — and panel Chairwoman Pierina Ana Sanchez said data shows that the DOB is falling behind in identifying problematic buildings as the number of inspectors falls. “We see the impact,’’ she said. In the first four months of this year, the DOB issued 2,225 stop-work orders —...

The Los Angeles City Council on Tuesday confirmed the hiring of a longtime PG&E executive to head the Department of Water and Power at an annual salary of $750,000 - a sharp increase from her predecessor. Janisse Quiñones replaces current general manager Martin Adams, who is retiring. He was paid a salary of $435,000.

The Peruvian government has officially classified transgender, nonbinary and intersex people as “mentally ill.” The controversial decision was made to ensure the country’s public health services could “guarantee full coverage of medical attention for mental health” for the trans community, the Peruvian health ministry explained, according to the Telegraph. The decree will supposedly alter the language in the Essentials Health Insurance Plan to reflect that trans and intersex people have a mental disorder, LGBTQ+ outlet Pink News reported. Despite the change, trans and other LGBTQ+ people will not be forced to undergo conversion therapies, the health ministry insisted in a...