‘Wokeness’ at the Fed Could Easily Create Another Banking Crisis

You expect your money to be safe in a bank, but if the Federal Reserve gets its way, that may not be the case soon. That’s because the Fed, which has a tremendous amount of regulatory power over the nation’s financial institutions, has begun using its authority to put politics before fiscal stability. If the Fed’s New Year’s resolution was to destabilize America’s financial system, it’s off to a great start. The Fed conducts stress tests of financial institutions to determine those firms’ solvency and the systemic risk they may…

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She’s retired from government, but not from national security

Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on Apple Podcasts or PodcastOne. For long-serving federal executives, retirement from government is merely a gateway to a next phase. A case in point is Letitia Long, who retired back in 2014 as director of the National Geospatial- Intelligence Agency. She sits on several corporate boards and chairs one of the big trade associations. For some insight into her post-government life and a few other matters, the Federal Drive with Tom Temin spoke with Letitia Long. Interview…

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Nothing Is Working for Kevin McCarthy

At this point in the unending search for a House speaker, Donald Trump’s candidacy is making as much progress as Kevin McCarthy’s. The former president (and half-hearted 2024 White House applicant) today secured his first vote as the House slogged through its seventh fruitless attempt to elect a leader. The semi-serious effort to elevate Trump, put forward by Representative Matt Gaetz of Florida, came at the expense of McCarthy, the Trump-endorsed Republican leader whose bid hasn’t improved in the past six ballots. McCarthy twice more lost 21 Republicans and fell…

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Election Integrity 2022 in Review: More Improvements Than Damage

As state legislatures begin their 2023 sessions, Americans should know what their states did in 2022 to improve or damage the integrity of the election process.  They can now easily do that because 2022 marks the second year that The Heritage Foundation has tracked and scored the laws and regulations of every state and the District of Columbia that bear on the conduct and integrity of elections. (The Daily Signal is the news outlet of The Heritage Foundation.) The Election Integrity Scorecard scores the security and reliability of elections on…

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