"Billy Joel says 'it's always been a matter of trust.' That could not be more relevant today when it comes to money. Trust is the intangible factor that allows money to move and economies to succeed. When it erodes, as it did in 2008, balance sheets can melt before our very eyes.

So why are we now trying to create a financial system[ ] with less trust?

The growth of digital assets, the passage of the GENIUS Act, and an array of government and Wall Street actions have welcomed cryptocurrencies into traditional markets and signaled a new age in finance built on blockchains, rather than traditional institutions, to move money and execute investments. But has anyone really thought through the implications of such a 'redistricting' of the country's monetary channels?

Credit cards, check processing, wire transfers, security trades and real estate transactions have typically relied on trusted intermediaries -- commercial banks, broker-dealers, payments system pipelines, the FDIC, etc. Tech advocates see these processes as archaic and their trusted intermediaries as luddite interlopers that interpose themselves simply to take a piece of the action. To some extent, these assertions may be true, but throwing the baby out with the bath water makes no sense."

Read the entire article here.

"'I want to present some facts to the president of the United States, and I imagine this is alarming to the president to learn these facts.' -- California Gov. Gavin Newsom.

"In one of his endless attempts to grab a headline, California Gov. Gavin Newsom last week taunted President Donald Trump, saying that if he's serious about fighting crime, he should be sending the National Guard to red states such as Louisiana, which has a murder rate far higher than California.

"Newsom's attempt to troll the president failed on Sunday, when Homeland Security Secretary Kristi Noem took the attention-starved governor up on his offer.

"'Absolutely,' she said on 'Face the Nation,' when asked if the Trump administration would send National Guard troops into cities or states run by Republicans. 'Every single city is evaluated for what we need to do there to make it safer.'

"But even if Trump were to follow up on this, he'd likely still end up sending National Guard troops almost exclusively into Democratic strongholds."

Read the entire article here.

"It is either true or false that Governor Cook misrepresented her primary residence status on one or more mortgage applications. The evidence put forth publicly by @pulte strongly suggests that she lied on one or more mortgage applications, in other words, mortgage fraud.

"It should be straightforward for Governor Cook to disprove the alleged fraud and it shouldn't require a team of lawyers and litigation to do so. She just needs to answer a simple question:

"Did she or didn't she sign an affidavit declaring that the subject properties were her primary residences? Yes or no.

"Whether President @realDonaldTrump has the technical legal authority to terminate Gov Cook is not that relevant in my view. What matters here is whether a Fed governor has committed mortgage fraud or not. It is not a political question. It is a question of fact.

"Governor Cook should immediately put forth the facts to clear her name or she should resign in the best interests of the integrity of our financial system. The sooner this occurs, the better for her and our country."

Read the entire post on X here.

"A Democratic National Committee meeting on Tuesday devolved into an anti-Israel slugfest, leading its chairman, Ken Martin, to pull a resolution many party members believed was not harsh enough on the Jewish state. Instead, Martin invited the anti-Israel members to join a committee to reevaluate the party's position on Israel.

"The Martin-backed resolution, which the DNC initially approved, called for 'unrestricted' aid to Gaza and a two-state solution to the Israeli-Palestinian conflict, language that moderate Democrats have long used. An alternate resolution championed by the party's anti-Israel wing went significantly further, calling for a full-scale arms embargo on Israel, the suspension of American military aid, and recognition of 'Palestine as a country.'"

Read the entire article here.

"The Trump administration has issued $6.1 billion in fines to immigrants it says have ignored deportation orders. Now it is moving to collect those penalties.

"In recent weeks, the government has threatened immigrants with lawsuits, debt collectors and ruinous tax bills if they don't pay financial penalties. If the recipient self-deports, Homeland Security says the fine will be waived and they will receive a $1,000 'exit bonus.'

"Since President Trump's return to office, the Department of Homeland Security has issued 21,500 fines to persuade people in the backlogged immigration court system to leave the U.S. The penalties come as the department struggles to fulfill Trump's promise for the largest deportation campaign in U.S. history."

Read the entire article here.

"Speaking from the Oval Office Monday morning, Deputy Chief of Staff Stephen Miller gave additional details about how the Washington, D.C. Metropolitan Police Department was cooking the books on data in order to make the argument crime was 'going down.'

"'When we share the results, it will stun you,' Miller said. 'There are even accusations that murders and homicides were reported as accidents not murders. This is how severe the manipulation of the crime data has been in this city. It will all be uncovered and it will all be brought to light.'"

Read the entire article here.

"For all his Trump-deranged bravado, Democrat Senator Adam Schiff, the notorious Russia-hoaxer, looked like a frightened rabbit caught in the spotlight Sunday morning when he appeared on NBC's "Meet the Press" to deny the mortgage fraud scandal that has embroiled him.

"He should be nervous.

"A grand jury in Maryland is weighing criminal indictments for Schiff over alleged mortgage fraud, mail fraud, bank fraud and false statements to financial institutions that were uncovered by the Federal Housing Finance Agency, claiming he certified both a Maryland property and a California condominium as his primary residence for tax and mortgage purposes.

"New York Attorney General Letitia James, Federal Reserve Governor Lisa Cook, and at least two other unnamed people are facing similar allegations, which carry potential jail terms up to 30 years."

Read the entire article here.

"Federal prosecutors gathered evidence from James Comey's top lieutenants that he authorized the leak of classified information to reporters just before the 2016 election but declined to bring criminal charges, according to recently declassified memos that call into question the former FBI director's testimony to Congress.

"The bombshell revelations involving ex-FBI general counsel James Baker and ex-Comey chief of staff James Rybicki were memorialized in documents that FBI Director Kash Patel discovered earlier this year, but the passages were originally redacted by the Justice Department in versions sent to Congress earlier this month.

"Attorney General Pam Bondi intervened and eliminated the redactions, dispatching new versions of the memos this week to the House and Senate Judiciary committees, officials told Just the News."

Read the entire article here.

"Director of National Intelligence (DNI) Tulsi Gabbard informed her office Wednesday of a 40% reduction in personnel and the wholesale closure of centers she found had politicized intelligence as part of a sweeping overhaul of the top spy office.

"Months of audits by Gabbard's handpicked team of intelligence officials has culminated in 'ODNI 2.0,' as the overhaul project has been deemed, the first in the office's history. ...

"Gabbard told staff in the email that the ODNI programmatic review had revealed stagnant decision-making, mission creep, bloated bureaucracy and weaponized intelligence."

Read the entire article here.

"Hardly anyone is talking about it, but Congress has just passed one of the most consequential education reforms in history.

"Tucked into the One Big Beautiful Bill Act is a provision that could transform how families access education, reshape the politics of schooling, and finally give parents the power to direct their children's learning. The legislation establishes a first-of-its-kind federal tax credit scholarship program, open to all types of educational settings. Beginning in 2027, people will be able to claim a dollar-for-dollar federal tax credit, up to $1,700 annually, for donations to educational nonprofit groups that fund K-12 scholarships for low- and middle-income students. The scholarships are designed to be flexible, meeting the wide-ranging needs of modern families. Parents can use them for tuition, tutoring, books, uniforms, transportation, educational technology, or special-needs services. And because they are classified as tax-free for recipients, the scholarships will provide real, immediate support rather than burdensome paperwork.

"It is not a small pilot program or a symbolic gesture but a structural shift. Federal law now recognizes that parents, not bureaucrats, should hold the reins of their children's education. Remarkably, this sweeping change has been barely discussed in the media, as if the country doesn't realize a quiet revolution has already begun."

Read the entire article here.