A Supreme Court Ruling That Could Tip the House

A decade’s worth of disappointment has conditioned Black Americans and Democrats to fear voting-rights rulings from the Supreme Court. In 2013, a 5–4 majority invalidated a core tenet of the Voting Rights Act of 1965. Subsequent decisions have chipped away at the rest of the law, and in 2019, a majority of the justices declared that federal courts have no power to bar partisan gerrymandering. So this morning, when two conservatives joined the high court’s three liberals in reaffirming a central part of the Voting Rights Act, Democrats reacted as…

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EXCLUSIVE: Biden Bribery Allegation Could Mean Impeachment, Republican Policy Chair Says

Impeachment is the only recourse if a government whistleblower’s allegation that President Joe Biden was part of a bribery scheme is true, said Rep. Gary Palmer, R-Ala., chairman of the Republican Policy Committee.  “You can’t prosecute a sitting president for crimes, so the only recourse—if this document exists, and we believe it does—is for the House to bring articles of impeachment,” Palmer told The Daily Signal in a phone interview Friday.  Palmer stressed that members of Congress need to see an FBI document that the unnamed whistleblower says alleges a…

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How Biden’s Plan to Penalize Responsible Homebuyers Could Ravage Retirement Savings by $31,000

The Federal Housing Finance Authority just announced it will hike the loan-level pricing adjustment  fee on homebuyers  with high credit scores and redistribute those funds to borrowers with low credit scores. That’s not an insignificant change. Under the new loan-level pricing adjustment matrix, a borrower with a 740 FICO score and a down payment of just under 20% will pay a 1% loan-level pricing adjustment fee. That’s quadruple the prior risk assessment of 0.25%. At the same time, the loan-level pricing adjustment fee for many borrowers with bad credit will…

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‘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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Russia increasing troops at Ukraine border; invasion could happen at any time, White House says

Russia is amassing new forces at the Ukraine border and an invasion could begin “any day,” including during the Winter Olympics, White House national security adviser Jake Sullivan said Friday. “We are in the window when an invasion could begin at any time should [Russian President] Vladimir Putin decide to … The Washington Times stories: White House

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Shift in Congressional majority could drive Democrats’ oversight agenda

<p><em>Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on <a href=”https://itunes.apple.com/us/podcast/federal-drive-with-tom-temin/id1270799277?mt=2″ target=”_blank” rel=”noopener noreferrer”>Apple Podcasts</a> or <a href=”https://www.podcastone.com/federal-drive-with-tom-temin?pid=1753589″ target=”_blank” rel=”noopener noreferrer”>PodcastOne</a>.</em></p> <p>People who track politics say the majority in Congress could switch next year from Democratic to Republican. If that&#8217;s the case, that prospect will drive the Democrats&#8217; oversight agenda for the rest of 2022. Some congressional leaders have laid out their agendas on paper. For what agencies can expect, the <strong><em><a href=”https://federalnewsnetwork.com/category/temin/tom-temin-federal-drive/”>Federal Drive with Tom Temin </a></em></strong>turned to Hogan Lovells attorney and former House Foreign…

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