Month: January 2023

On today’s Daily Signal Top News, we break down:

• Attorney General Merrick Garland appoints a special counsel to investigate President Joe Biden’s possession of classified documents. 
• The Consumer Price Index decreased by 0.1% in December. 
• House Republicans pass pro-life bills.
• Facebook admits that it suppressed content on the COVID-19 vaccine, content that was often-true. 
• Nebraska Gov. Jim Pillen announces the former Nebraska Gov. Pete Ricketts will take Ben Sasse’s seat in the Senate.

Want to know more? Read about these news stories by clicking the links below: 

https://www.dailysignal.com/2023/01/12/december-month-bidens-presidency-prices-fell-economist-says/ 

https://www.dailysignal.com/2023/01/12/not-just-misinformation-emails-white-house-facebook-admits-suppressing-often-true-content-covid-19-vaccines/ 

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The most valuable crypto stories for  Thursday, January 12, 2023. 

"The Hash" group discusses the latest headlines moving the crypto markets, including crypto lender Nexo being investigated by authorities in Bulgaria on suspicion of money laundering, tax offenses, banking without a license, and computer fraud. Plus, former FTX CEO Sam Bankman-Fried denies stealing funds and claims FTX and sister company Alameda Research collapsed because of the crypto market meltdown and inadequate hedging on Alameda’s part, in a new post on Substack.

See also:

Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax Violations

Sam Bankman-Fried Denies Stealing FTX Funds in New Online Post

FTX Loan Wiped Out $800M in BlockFi Executives’ Equity, Court Filing Reveals

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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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Month-over-month inflation was -0.1%, its first decrease in more than two years.

On today’s episode, NLW digs into December’s just-released CPI numbers. For the sixth month in a row, year-over-year inflation declined. For the first time in more than two years, month-over-month inflation declined. For many, this confirms a Federal Reserve shift back to raising rates by 25 basis points at the FOMC’s next meeting at the end of this month. 

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Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26–28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Swoon” by Falls. Image credit: Nuthawut Somsuk/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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The chairman of the House’s biggest Republican caucus says he “stands by” his call for the impeachment of Homeland Security Secretary Alejandro Mayorkas for allowing hundreds of thousands of illegal aliens to cross the southern border. 

Rep. Kevin Hern, R-Okla., first advocated that the House impeach Mayorkas in October, and earlier this week Rep. Pat Fallon, R-Texas, filed articles of impeachment against the homeland security secretary.

“In October of 2022, I think I was the first to formally call for him to be impeached. I stand by that,” Hern, the new chairman of the Republican Study Committee, says on “The Daily Signal Podcast.”

“I actually called first for Mayorkas back in February of 2022 to resign,” the Oklahoma Republican says. “And we had a meeting with him with 40 of our Republican members at the Border Caucus meeting at the Capitol. To his credit, he showed up for the meeting [but] was very, very defiant then that there was any problem, when there’d been some two and a half million people had crossed at that time under his watch.”

“Secretary Mayorkas has been involved with the border since 2005 as the deputy homeland security director, and other immigration processes over the years from California,” Hern says. “And it is amazing to the American people, based on everything that we have seen, that he still thinks there’s control of the southern border.”

Also on this episode of “The Daily Signal Podcast,” Hern talks about the 15 ballots to elect a speaker of the House; his goals as chairman of the Republican Study Committee, the largest GOP caucus in the House; and his thoughts on the Pentagon’s lifting its COVID-19 vaccine mandate for members of the armed forces.

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