Now that all of the Big Banks have reported earnings, what stands out?
(00:21) Bill Mann discusses: - Warren Buffett's recent comments about holding Bank of America - CEO Brian Moynihan's persistence - Johnson & Johnson's dividend hike and guidance boost - Nvidia's unsurprising pricing power
(11:14) Robert Brokamp and Alison Southwick answer your questions about mortgages, recessions, and employee stock options.
Companies discussed: BAC, JNJ, PG, NVDA
Host: Chris Hill Guests: Bill Mann, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
The most valuable crypto stories for Tuesday, April 17, 2023.
"The Hash" tackles today's hot topics: SEC Chair Gary Gensler is defending his crypto policies before lawmakers on Capitol Hill. Will it be too late to convince crypto firms to stay in the U.S. instead of moving offshore? Gala Games' v2 airdrop date is announced.
Connect with the Filecoin community at the Filecoin Network Base in Austin, April 24-26, ahead of Consensus 2023. Register today at networkbase.io/austin. And find us on the Consensus show floor in the Protocol Village, presented by Filecoin Foundation.
See you in Austin!
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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 THEHASH to get 15% off your pass. Visit coindesk.com/consensus.
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This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
Is Senate Minority Leader Mitch McConnell on his way out of Congress? Join Federalist Editor-in-Chief Mollie Hemingway and Senior Editor David Harsanyi as they discuss the return of several previously absent federal legislators to the upper chamber, analyze how the abortion issue affects elections, and scrutinize the deep state's reaction to the recent Ukraine documents leak. Mollie and David also discuss the corruption that plagues corporate media outlets and share their culture picks for the week.
On February 28, 2023, the U.S. Supreme Court heard oral argument in two cases challenging the Biden Administration's student loans forgiveness program: Board of Education v. Brown and Biden v. Nebraska.
In August 2022, the Biden Administration's Department of Education announced plans to forgive up to $20,000 in federal student loans for borrowers who qualified. In order to do this, the DOE relied on the HEROES Act, which allows the government to modify student loans, among other things, during a national emergency.
Both cases challenge this action. Biden v. Nebraska involves a challenge to the Executive action from six states who contend they will suffer direct harm based on a loss of tax revenue. In Department of Education v. Brown, two individual borrowers, one of whom has loans that are fully intelligible for forgiveness under the program, and one of whose loans only qualify for part of the maximum relief possible, also challenge the legitimacy of the program.
The Court is faced with two questions in both cases: first, do the challengers, whether they be the states or the individual borrowers, have standing to sue? The Biden administration contends neither of the respondents possess standing. Second, assuming the Court decides there is standing to sue, the Court will face the question “Does the plan exceed the statutory authority available to the Secretary of Education, and adopted in a procedurally proper manner?”
We will break down and analyze how oral argument went in both cases in this program.
Featuring: Mark Chenoweth, President and General Counsel, New Civil Liberties Alliance
Sure, we worked way too hard for that pun in the title, but it's a serious question: CERN, or the European Organization for Nuclear Research is one of the world's largest, most prominent centres for scientific research. The experts at CERN use the world's largest and most complex scientific instruments to study the fundamental building blocks of matter, and over the years it's become the subject of numerous rumors, allegations, concerns and conspiracy theories. Join the guys as they delve into the fact, fiction and controversy surrounding CERN and the Large Hadron Collider.
Politicians on both sides of the aisle often get carried away with designing new or expanded tax programs without considering what is already in the tax code. Adam Michel details how to make it simpler.
Liel Leibovitz joins the podcast today to discuss his lead article in the May COMMENTARY, "The Return of Paganism." But before that, he gives us his impressions of the political situation in his native country, Israel. Give a listen.
