TYB
The Federal Reserve has cut interest rates, amid reports that Donald Trump will allow Chair Jerome Powell to remain in his job until 2026.
The central bank made a 25 basis point cut Thursday, bringing rates down between 4.5 percent and 4.75 percent.
https://www.dailymail.co.uk/yourmoney/consumer/article-14056013/fed-rate-decision-jerome-powell-future-trump.html
AP Race Call: Republican Dave McCormick wins election to U.S. Senate from Pennsylvania,
beating incumbent Bob Casey
Republican David McCormick won a Senate seat in Pennsylvania on Thursday, defeating Democratic Sen. Bob Casey and padding the GOP’s Senate majority. McCormick, 59, is a two-time Senate challenger and a former hedge fund CEO who served in former President George W. Bush’s administration. McCormick had strong support from Wall Street donors and contacts across the worlds of government, politics and finance. Casey had been seeking his fourth term and is perhaps Pennsylvania’s best-known politician, the son of a former two-term governor and Pennsylvania’s longest-ever serving Democrat in the Senate. The Associated Press declared McCormick the winner at 4:09 p.m. EST.
https://apnews.com/live/senate-house-election-updates-11-7-2024#00000193-0875-d045-a7f3-8a7f9be60000
Republican Dave McCormick Wins in Pennsylvania
Despite Incumbent Democrat Sen. Bob Casey Refusing to Concede
https://www.breitbart.com/politics/2024/11/07/republican-dave-mccormick-wins-in-pennsylvania-despite-incumbent-democratic-sen-bob-casey-refusing-to-concede/
https://www.breitbart.com/
Gloomy Nancy Pelosi ducks questions on swapping out Biden for Harris, gets heated with Donna Brazile at VP concession speech
1) Ahead of Harris’ address to supporters, Pelosi was caught on camera arguing with Donna BrazileAhead of Harris’ address to supporters, Pelosi was caught on camera arguing with Donna Brazile
2) “There may be some people around him who haven’t forgiven me for my role,” Pelosi said of the Biden ouster in an October interview with the Guardian.
3) Pelosi acknowledged to the Guardian in mid-October that she had not spoken with Biden since his exit.
4) A gloomy Nancy Pelosi avoided The Post’s questions about her role in swapping out President Biden for Kamala Harris as the 2024 Democratic nominee.
5) As a member of the DNC rules committee, Brazile tried a little more than a week before Biden suspended his re-election campaign to lock in his nomination with a virtual vote of delegates.
https://nypost.com/2024/11/07/us-news/gloomy-nancy-pelosi-ducks-questions-on-swapping-out-biden-for-harris-gets-heated-with-donna-brazile-at-vp-concession-speech/