Shafkat Anowar

2 weeks ago | miamiherald.com | Shafkat Anowar

You can count on Senate Republicans to find pointless budgetary gimmicks to avoid talking about serious deficit reduction. In an interview last week with CNBC, Senator Ted Cruz floated the idea that the Federal Reserve should just stop paying interest to banks to save taxpayers money. Budget squeeze solved, easy peasy!Here's Cruz:The Federal Reserve pays banks interest on reserves. For most of the history of the Fed, they never did that. But for a little over a decade they have.

1 month ago | journalgazette.net | Shafkat Anowar

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2 months ago | telegraphherald.com | Shafkat Anowar

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Jan 31, 2025 | wsj.com | Shafkat Anowar

Trump administration officials ordered eight senior FBI employees to resign or be fired, and asked for a list of agents and other personnel who worked on investigations into the Jan. 6, 2021, attack on the U.S. Capitol, people familiar with the matter said, a dramatic escalation of Trump’s plans to shake up U.S. law enforcement.

Dec 3, 2024 | lufkindailynews.com | Shafkat Anowar