As of late July, American drivers were facing renewed pain at the pump, with national average gasoline prices climbing toward or exceeding $4 per gallon. The primary driver is the escalation of U.S. military involvement in the Iran conflict,…
Newly minted Chairman of the Federal Reserve Kevin Warsh testified before lawmakers on Tuesday, promising to bring inflation down and pledging officials have “no tolerance for persistently elevated inflation.” Warsh succeeded Jerome Powell to…
Newly minted Chairman of the Federal Reserve Kevin Warsh testified before lawmakers on Tuesday, promising to bring inflation down and pledging officials have “no tolerance for persistently elevated inflation.” Warsh succeeded Jerome Powell to…
Inflation finally hit reverse in June. Consumer prices fell 0.4% from May, delivering the biggest monthly decline since the pandemic-era plunge of April 2020 and crushing economists’ expectations for a far smaller dip. The pullback brought the…
A new working paper from economists at the Federal Reserve Bank of Dallas estimates that the surge in illegal immigration during the Biden administration accounted for roughly 30% of the nation’s home price growth and 20% of rent increases…
Oil prices tumbled below a key psychological threshold Friday as traders largely shrugged off Iran’s latest attack in the Strait of Hormuz, betting the strategic waterway will remain open despite renewed tensions. West Texas Intermediate crude…
Kevin Warsh is officially headed to the top of the Federal Reserve — and straight into an inflation fight. The Senate voted 54-45 Wednesday to confirm President Trump’s pick as the next Fed chairman, with Sen. John Fetterman, D-Pa., the only…
Inflation skyrocketed in April to the highest rate in three years as the Iran war caused oil shortages and increased energy prices worldwide. The cost of goods and services rose 3.8% in April, compared to a year earlier, the U.S. Bureau of Labor…
American farmers are ringing alarm bells. They warn that the closure of the Strait of Hormuz could trigger a cascading crisis in agriculture and food supply. The concern is urgent. War in Iran is escalating, and fertilizer needed for spring…
![MAD MAXINE! Waters Melts Down at Treasury’s Bessent in Fiery Inflation Spat [WATCH]](https://teamredvictory.com/wp-content/uploads/2026/02/MAD-MAXINE-Waters-Melts-Down-at-Treasurys-Bessent-in-Fiery-360x180.jpg)
Rep. Maxine Waters (D-CA) lashed out Wednesday at Treasury Secretary Scott Bessent, telling him at one point to “shut up” after a tense exchange over inflation. Waters suggested that President Trump’s tariffs were inflationary and that…
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