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United Airlines just rolled back one of its best free perks — claiming it was a ‘glitch’

NY Post
3 months 2 weeks ago
United Airlines appeared to have expanded its free in-flight WiFi -- only to roll it back, claiming it was a "glitch."
Brooke Steinberg

D4vd thrown in segregation after suddenly moving jails following 14-year-old rape, murder charges

NY Post
3 months 2 weeks ago
The family of singer-songwriter says they are standing firmly behind him after he was formally charged in connection with the killing of Celeste Rivas on Monday.
Zain Khan

Who is John Ternus, the hardware whiz taking over Apple?

NY Post
3 months 2 weeks ago
Ternus, a company veteran and head of Apple’s hardware division, will replace longtime CEO Tim Cook on Sept. 1. Cook, 65, will transition to a new role as executive chairman.
Thomas Barrabi

Zohran Mamdani embraces ‘Mayor Mambino’ nickname for a day as fans blame mascot hug for epic losing streak

NY Post
3 months 2 weeks ago
Pressed on if he will do anything to help out the floundering squad, Mamdani said he will keep wearing his Mets hat.
Craig McCarthy

The Mike Brown timeout miscue that was the real problem at end of Knicks debacle

NY Post
3 months 2 weeks ago
Now, it’s true that the fury was misplaced since there was no timeout to call. But Mike Brown actually did merit criticism for the reason the Knicks were left without a timeout.
Mike Vaccaro

St. John’s lands Euro 7-footer Lazar Stojkovic as new roster takes shape

NY Post
3 months 2 weeks ago
It’s two new players in as many days for the Johnnies.
Zach Braziller

Watch Live: Warsh Blasts Fed's 'Fatal Policy Error' On Inflation, Pledges Strict Independence As Tillis Confirms Hold On Fed Chair Nomination

Zero Rss
3 months 2 weeks ago
Watch Live: Warsh Blasts Fed's 'Fatal Policy Error' On Inflation, Pledges Strict Independence As Tillis Confirms Hold On Fed Chair Nomination

Latest: 

  • Warsh labeled the Fed’s 2021-2022 response a “fatal policy error” on inflation.
  • He demands a new policy framework, tools, and major communications reform.
  • Warsh rejects forward guidance and refuses to preview future rate moves.
  • Price stability exists when no one talks about inflation, Warsh testified.
  • Warsh disputes that tariffs caused the recent inflation overshoot.
  • Inflation data used by the Fed is “quite imperfect,” per Warsh.
  • He focuses most on the underlying inflation rate.
  • Trump never asked Warsh to commit to specific interest-rate cuts.
  • Sen. Tillis blocks Warsh’s nomination until the DOJ drops the Powell probe.

During his live Senate Banking Committee confirmation hearing on Tuesday, Federal Reserve chair nominee Kevin Warsh criticized past Fed mistakes, called for a “reform-oriented” central bank, pledged strict independence from President Trump, highlighted AI as “the most disruptive moment in modern economic history,” and faced Democratic scrutiny over his $131–209 million in assets (which he agreed to divest, including stakes tied to Stanley Druckenmiller’s Juggernaut Fund) while dodging a direct answer on whether Trump lost the 2020 election.

Warsh demanded a new policy framework, new tools, and major communications reform, including scrapping problematic forward guidance and the dot plot - stating he won’t preview future rate decisions.

VAN HOLLEN: If the central bank were to cut rates, that would typically push prices up, right?

WARSH: Unlike many of my colleagues, I don't believe I should be previewing what a future decision might be

VAN HOLLEN: I'm not asking you that. Most economists would agree that would… pic.twitter.com/IBE2G4yjsQ

— Aaron Rupar (@atrupar) April 21, 2026

He defined price stability as inflation so tame “that no one is talking about it” across boardrooms or kitchen tables.

WARSH: My preferred definition of stable prices is a little different than most academics. I believe price stability should be a change in prices such that no one’s talking about it. The sooner we can reform the institution, if confirmed, the sooner we can ensure price stability. pic.twitter.com/Bk8RQCxcZG

— Rapid Response 47 (@RapidResponse47) April 21, 2026

Warsh disputes that tariffs caused the recent inflation overshoot.

*WARSH: DON'T AGREE THAT INFLATION OVERSHOOT IS DUE TO TARIFFS

*WARSH: DATA BEING USED TO JUDGE INFLATION IS QUITE IMPERFECT

*WARSH: I'M MOST INTERESTED IN UNDERLYING INFLATION RATE

— zerohedge (@zerohedge) April 21, 2026

He called the data being used to judge inflation “quite imperfect," and that he is most interested in the underlying inflation rate.

Warsh confirmed President Trump “never once asked me to commit to any particular interest rate decision.”

Sen. Kennedy: "Have you agreed with the president that you're going to lower interest rates?"

Warsh: "The president never asked me to predetermine, commit, fix, decide on any interest rate decision in any of our discussions, nor would I ever agree to do so." pic.twitter.com/FYxVkJiGdk

— The Bulwark (@BulwarkOnline) April 21, 2026

Meanwhile, - as he's threatened to do for months, Sen. Thom Tillis (R-NC) announced he will block Warsh’s nomination until the DOJ drops its investigation into Chair Powell, tying the committee vote.

Thom Tillis, Republican Senator from North Carolina, reiterated that he will block the nomination of Kevin Warsh to be chair of the Federal Reserve until the "bogus investigation" into the Fed and Chair Powell is completed. Speaking at Warsh’s nomination hearing before the Senate Banking Committee, Tillis said he was going to talk about “what’s preventing me from being in a position to vote for you until” the probe is wrapped up rather than ask questions, as he believes Warsh has “extraordinary” and “impeccable” credentials for the job. There are 13 Republicans on the committee and 11 Democrats, so Tillis’ refusal to approve ties the committee 12-12 and the nomination cannot move to the Senate approval for confirmation. Given President Trump's comments earlier about the need to pursue the investigation, this standoff is going nowhere. "Let's get rid of this investigation so I can support your confirmation", Tillis said. -Bloomberg

Thom Tillis still refuses to blame Trump for anything: "The problem I have is that some US attorney or assistant US attorney with a dream thought it would be cute to bring Chair Powell under an investigation ... the boss said he didn't know anything about it" pic.twitter.com/WhBawG82bZ

— Aaron Rupar (@atrupar) April 21, 2026

Lookin' like a June confirmation...

//--> //--> Kevin Warsh confirmed as Fed Chair by June 30?
Yes 80% · No 21%
View full market & trade on Polymarket

* * *

President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, is scheduled to appear before the Senate Banking Committee today at 10:00 a.m. ET for his confirmation hearing - his first public test in the high-stakes process to become the next chair of the central bank.

The hearing, set to take place in the Dirksen Senate Office Building Room 538 in a hybrid open session, comes less than a month before current Chair Jerome Powell’s term expires on May 15. Warsh, a former Fed governor who served from 2006 to 2011, was nominated by Trump on March 4 to serve as both a Board member and chairman.

Watch Live:

Warsh, a former Fed governor who has spent years criticizing the institution as directionless and in need of “regime change," now has the chance to outline his vision for remaking the world’s most powerful central bank. But he faces a delicate balancing act: signaling loyalty to Trump’s push for lower interest rates while reassuring markets, lawmakers, and global observers that he will safeguard the Fed’s independence and keep inflation in check.

In prepared opening remarks released yesterday, Warsh strikes a deliberate tone on the politically sensitive issue of central bank independence. He plans to state that “monetary policy independence is essential” and that decisions must rest on “analytic rigor, meaningful deliberation and unclouded decision-making.” At the same time, he will argue that the Fed has sometimes “extended its reach” beyond its core mandate, eroding its credibility, and that presidents or lawmakers expressing views on interest rates does not inherently undermine operational independence.

He also declares that “inflation is a choice” and that the Fed must take responsibility for price stability while staying firmly “in its lane” - avoiding fiscal, regulatory, or social policy areas where it lacks authority or expertise.

As anticipated, Senate Democrats are preparing to aggressively question Warsh, focusing on whether he can truly insulate the Fed from political pressure - especially given Trump’s repeated calls for sharply lower interest rates. Ranking Member Sen. Elizabeth Warren (D-MA) and other Democrats have signaled they will press him on potential conflicts of interest, the adequacy of his financial disclosures (which revealed more than $100 million in assets but left some holdings opaque), plans to divest certain investments, and any private communications with the Trump administration.

All 11 Democrats on the committee are widely expected to oppose the nomination. Some had pushed to delay the hearing pending the outcome of Justice Department investigations involving Powell and Governor Lisa Cook, but those efforts did not succeed.

On the Republican side, support for Warsh appears solid, though not unanimous. A handful of GOP senators have voiced reservations linked to the ongoing probes, but the party holds the majority and is positioned to advance the nomination out of committee.

Markets and policymakers will be watching closely for any signals on Warsh’s views regarding the Fed’s balance sheet, the pace of potential rate cuts, and his overall approach to the dual mandate. Analysts describe him as pragmatic rather than a radical departure from current policy, but today’s testimony could shift expectations ahead of the next FOMC meeting.

According to Goldman, here's what to watch for:

  • On Econ (Mericle): i) How has the war affected his views – Has he shifted toward the FOMC’s wait-and-see approach, which might signal an intention to work toward building consensus? Ii) Does he talk about looking through tariff + energy passthrough? How will Warsh characterize where inflation stands + how the FOMC should treat tariff and oil effects? Iii) What does he say about shrinking the Fed’s balance sheet? Are incremental reductions related to regulatory + supervisory changes enough or is he still pushing for a more substantial reduction?
     
  • Tillis block (Pastrick): Senator Tillis key to watch: No expectation that he will oppose Warsh as a candidate but we do NOT expect to see any openings from Tillis that outline a new position on not supporting the nomination while Fed Chair Powell is under legal scrutiny.
     
  • On Rates markets (Marshall): i) Insight into where Warsh anchors his longer-run views could impact the distribution of risks around terminal rate pricing; ii) That Warsh supports a smaller balance sheet would come as no surprise, but details around how he might seek to achieve it, and what potential Fed/Treasury interaction might look like, would shape market perceptions on balance sheet trajectory; iii) Bank regulation: Emphasis on things like adjustments to the liquidity rules + internal liquidity stress testing could reinforce the case that meaningful shifts in policy follow a shift in reserve demand (rather than result from efforts to shift the reserve framework)

The confirmation process remains fluid. A committee vote would follow today’s hearing, with the full Senate expected to take up the nomination soon after. Warsh’s performance - particularly how he navigates questions on Fed independence amid White House expectations - will be pivotal in determining whether he assumes the role by mid-May.

Tyler Durden Tue, 04/21/2026 - 11:47
Tyler Durden

Shop the off-duty celeb look worn by Justin Bieber, Travis Kelce and more

NY Post
3 months 2 weeks ago
Add to cart before it sells out!
Emma Sutton-Williams

Move over 501s: Comfort-lovers are snagging these other Levi’s at 40% off

NY Post
3 months 2 weeks ago
Ditch the stiff denim.
Kendall Cornish

Brain injuries are surging from e-bike and scooter crashes in NYC — and a two-hour window is most dangerous

NY Post
3 months 2 weeks ago
A new study shows a surge in brain and spine injuries from electric bike and scooter crashes, for both riders and pedestrians.
Rachel Sacks

‘The View’s Alyssa Farah Griffin Calls Out Kash Patel For Bungling “High Profile” Cases Like Charlie Kirk and Nancy Guthrie: “Public Trust In The FBI Is Low”

NY Post
3 months 2 weeks ago
"I'm starting to lose faith in our federal law enforcement and I've never felt like that in my lifetime," Griffin said.
mliss1578

California public school district ranked in top 10 in America — and another just misses out

NY Post
3 months 2 weeks ago
These two California public school districts are among the best in country, ranking in the top-12 nationwide.
Ross O'Keefe

ActBlue Employees Invoked Fifth Amendment 146 Times During House Probe

Zero Rss
3 months 2 weeks ago
ActBlue Employees Invoked Fifth Amendment 146 Times During House Probe

Authored by Bryan Hyde via American Greatness,

The House Administration, Oversight, and Judiciary Committees has released a joint interim staff report on its investigation into alleged donor fraud by ActBlue.

According to Breitbart, the report released Monday says five current and former employees of the Democratic fundraising platform ActBlue took the Fifth Amendment 146 times during testimony before congressional committees.

The Fifth Amendment protects witnesses from potential self-incrimination by allowing them to remain silent.

The report titled “Fraud on ActBlue, Part II: Illicit Foreign Donations and a Cover-up Sour Mass Resignations and Firings on ActBlue’s Legal and Compliance Team” details efforts on the part of Congress to investigate claims of fraudulent donations to the platform and argues that ActBlue made its fraud-prevention rules “more lenient” twice in 2024.

🚨NEW REPORT: ACTBLUE EMPLOYEES TAKE THE FIFTH WHEN ASKED ABOUT FOREIGN FRAUD AND WHISTLEBLOWER RETALIATION AT THE DEMOCRAT DONATION PLATFORM

🧵THREAD:

— House Judiciary GOP 🇺🇸🇺🇸🇺🇸 (@JudiciaryGOP) April 20, 2026

A press release from the House Judiciary Committee revealed that the “five current or former employees at ActBlue who appeared for depositions all invoked their Fifth Amendment right against self incrimination during questioning—for a total of 146 times.”

The report makes clear that two ActBlue officials, one of whom formerly served as VP of customer service, and three of its former lawyers “declined to answer a single one of the Committees’ substantive questions.”

According to Breitbart, the report also states that internal documents produced to the Committees by ActBlue and its fraud-prevention contractor, Sift, “reflect a fundamentally unserious approach to fraud prevention at ActBlue—one that has left the door open for large scale fraud campaigns on Democrats’ top fundraising platform.”

Investigators also cited internal trainings that directed ActBlue’s fraud-prevention team to “look for reasons to accept contributions” rather than examine them closely for indicators of fraud—as required by federal regulation.

The New York Post reports that ActBlue has repeatedly denied wrongdoing and, in a recent statement through a spokesperson, has maintained that it has “always been forthcoming with Congress.”

An excerpt from the report reveals that “Documents produced pursuant to the Committees’ subpoenas show the collapse of ActBlue’s legal and compliance team in the months after the 2024 election. By March 2025, every member of ActBlue’s legal and compliance team resigned, was fired, or went on extended leave from the platform.”

The report goes on to say the following: “Put simply: every member of ActBlue’s legal and compliance team appears to have left the platform after the 2024 election because of its ‘knowing and willful’ acceptance of illegal foreign contributions, and the subsequent cover-up.”

Tyler Durden Tue, 04/21/2026 - 11:40
Tyler Durden

Horrifying video shows elderly tourist brutally beaten during trip to Thailand

NY Post
3 months 2 weeks ago
After initially attempting to fend off the group, the man is knocked to the ground, where he’s repeatedly kicked in the head.
News.com.au

Is ‘High Potential’ New Tonight? Everything We Know About ‘High Potential’ Season 3

NY Post
3 months 2 weeks ago
We're still thinking about that second season finale.
mliss1578

Dennis Quaid and Meg Ryan’s actor son Jack marries his ‘The Boys’ co-star in Australia: report

NY Post
3 months 2 weeks ago
The couple tied the knot in an intimate ceremony.
mliss1578

Dennis Quaid and Meg Ryan’s actor son Jack marries his ‘The Boys’ co-star in Australia: report

NY Post
3 months 2 weeks ago
Jack Quaid and Claudia Doumit tied the knot in an intimate ceremony.
Eric Todisco

Pentagon releases dramatic footage of moment US forces intercept sanctioned oil tanker

NY Post
3 months 2 weeks ago
"International waters are not a refuge for sanctioned vessels. The Department of War will continue to deny illicit actors and their vessels freedom of maneuver in the maritime domain."
Samuel Chamberlain

Rihanna’s baby Rocki Irish lands her first magazine cover — in a haute couture diaper

NY Post
3 months 2 weeks ago
The six-month-old baby girl also models a miniature version of the Dior Haute Couture floral headpiece Rihanna wore straight from the runway earlier this year.
mliss1578

Rihanna’s baby Rocki Irish lands her first magazine cover — in a haute couture diaper

NY Post
3 months 2 weeks ago
The six-month-old baby girl also models a miniature version of the Dior Haute Couture floral headpiece Rihanna wore straight from the runway earlier this year.
Avery Matera

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