Texas AG Ken Paxton accuses Biden administration of ‘aiding and abetting’ cartels in border crisis

Texas Attorney General Ken Paxton said Sunday that the immigration policies of the Biden administration and the Department of Justice are “aiding and abetting” cartels in the record surge of illegal entries at the southern border. The Washington Times stories: White House

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The Israeli Crisis Is Testing Biden’s Core Foreign-Policy Claim

President Joe Biden’s core foreign-policy argument has been that his steady engagement with international allies can produce better results for America than the impulsive unilateralism of his predecessor Donald Trump. The eruption of violence in Israel is testing that proposition under the most difficult circumstances. The initial reactions of Biden and Trump to the attack have produced exactly the kind of personal contrast Biden supporters want to project. On Tuesday, Biden delivered a powerful speech that was impassioned but measured in denouncing the Hamas terror attacks and declaring unshakable U.S.…

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Hamas attack on Israel thrusts Biden into Mideast crisis and has him fending off GOP criticism

The deadly Hamas militant attack on Israel and the massive retaliation it provoked from Jerusalem have thrust President Joe Biden into a Middle East crisis that risks expanding into a broader conflict and has left him fending off criticism from GOP presidential rivals that his administration’s policies led to this moment. The Washington Times stories: White House

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This Debt Crisis Is Not Like 2011’s. It’s Worse.

On its surface, the unfolding debt-ceiling crisis looks a lot like the confrontation in 2011 between congressional Republicans and then-President Barack Obama. Once again, a new GOP majority in the House is using the threat of a national default as leverage to force a first-term Democratic president to agree to spending cuts in exchange for lifting the federal borrowing limit. A first-ever default could crash the markets and trigger a recession. But, as in 2011, the two parties remain far apart, with a deadline to act approaching rapidly. Eric Cantor…

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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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