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Nuclear Buildout Accelerates With Goldman Now Including SMRs Into Forecast Goldman's latest edition of "Nuclear Nuggets: Global Reactor Tracker" reinforces that the buildout of the cleanest and most reliable form of so-called "green" energy, nuclear power, continues to gain momentum. The theme we first laid out in December 2020 continues to broaden, with buildouts accelerating across both large-scale and small modular reactors, even as the growing risk of a massive uranium supply deficit emerges. Focusing on the latest North American reactor progress and announcements: 4/16/2026 - Canada - Bruce Power has signed an MoU with SaskPower to share its experience in large-scale nuclear reactors, including project development and long-term operations, as Saskatchewan evaluates large reactor technologies alongside its SMR program. The agreement formalizes information-sharing and aligns provincial and federal nuclear strategies. 4/24/2026 - United States - Duke Energyโs Robinson nuclear power plant has been cleared for extended operation to 80 years, after the U.S. Nuclear Regulatory Commission completed its fastest-ever subsequent license renewal review. The approval allows the 759 MW Robinson Unit 2 in South Carolina to operate until 2050 under new accelerated federal timelines. 4/29/2026 - United States - The U.S. NRC has approved subsequent license renewals for St. Lucie Units 1 and 2, clearing the Florida Power & Light plant to operate for up to 80 years, with Unit 1 licensed to 2056 and Unit 2 to 2063. The decision follows aging-management reviews for the extended operating period and secures the long-term operation of the two pressurized water reactors. 5/5/2026 - United States - Brookfield and The Nuclear Company have formed a JV to manage the potential completion of the two VC Summer AP1000 units in South Carolina, supporting due diligence and execution if the project proceeds, subject to approvals and a final investment decision. One of the biggest shifts in the note penned by analyst Brian Lee is the addition of small modular reactors to Goldman's uranium supply-and-demand model, which forecasts cumulative SMR deployments of nearly 46 GW by 2045. In turn, this would lift its 2045 nuclear generation forecast by about 6% and create an additional 62 million pounds of uranium demand, or a 17% upside to its prior long-term demand estimate. Global reactor construction tracker, by country: Years under construction, by country: Chinese reactors, years under construction: Lee said uranium spot prices stabilized in the mid-to-high $80s per pound after rebounding in April, supported by buying activity in the Sprott Physical Uranium Trust. Term pricing held near $90 per pound, signaling that utilities continue to accept higher long-term pricing deals. As new reactors come online, Lee warns of a cumulative uranium supply deficit of 2.3 billion pounds between 2025 and 2045. Uranium prices will be up and to the right for quite some time... Latest uranium coverage: February 2026 Big Tech Turns To Uranium As Data Center Power Demand Soars (Feb 18) โ Discusses tech companies exploring uranium mining/supply deals for reliable data center power. No Substitute: Uranium At The Center Of The AI Power Shock (Feb 19) โ Covers uranium's role in AI-driven power demand, supply reliability issues, and reactor buildouts. March 2026 Oklo And Centrus Signal Progress On America's Nuclear Fuel-Chain Bottleneck (Mar 9) โ Joint venture on HALEU deconversion services and fuel-cycle advancements. Nano Nuclear Progresses HALEU Transport Package (Mar 16) โ Progress on high-assay low-enriched uranium (HALEU) transportation for advanced reactors. How To Transport Next-Gen Nuclear Fuel Safely? NANO Nuclear Hits Key Milestone (Mar 20) โ HALEU transport package development for multiple fuel types. U.S. Must Boost Domestic Uranium Enrichment To Counter Proliferation Risks (Mar 31) โ Need for U.S. enrichment capacity expansion amid import bans and market bottlenecks. April 2026 Goldman Highlights Global Nuclear Progress Across SMRs And Fuel Chain (Apr 15) โ Updates on uranium spot/term pricing, supply-demand models, and fuel chain developments. Nuclear Fuel Consortium To Provide Update On Approved Plans Of Action (Apr 23) โ Progress on addressing shortages across the full nuclear fuel supply chain (mining to fabrication). Uranium Supply Crunch Worsens Amid Kazakhstan's Plan For Strategic Reserve (Apr 30) โ Kazakhstan's strategic reserve plans and ongoing global uranium supply-demand mismatch (~$86/lb spot). May 2026 DOE's NNSA Removes Enriched Uranium From Venezuela And Japan (~May 9) โ HALEU fuel transfers supporting U.S. domestic nuclear supply chain. ASP Isotopes Subsidiary Signs MOU With European Nuclear Technology Company For Fuel Supply (~May 11) โ Long-term HALEU supply partnership for advanced reactors. Uranium โ Cameco Guidance Hanging by a Thread, Implications for Market Purchases (May 11) โ Cameco production guidance and direct impacts on uranium market/spot purchases. Up To $170 Billion Needed To Secure Full Domestic Nuclear Fuel Supply Chain (~May 13โ14) โ Massive investment requirements for U.S. uranium mining, milling, conversion, enrichment, etc. Professional subscribers can read the full nuclear note here at our new Marketdesk.ai portal. Tyler Durden Thu, 05/14/2026 - 22:10
Grenade-Type IED Found At Alabama Dam Raises Alarm Over Critical Infrastructure Threats Divers recovered and safely detonated a grenade-type improvised explosive device at the J.B. Converse Reservoir dam in Mobile, Alabama, a federally designated critical infrastructure site that supplies the region's drinking water. Local outlet Fox10TV reports that the Gulf Coast Regional Maritime Response and Render-Safe Team retrieved and detonated the grenade-type IED at the 3,600-acre artificial reservoir, which holds about 17 billion gallons of water and serves as the primary drinking water source for the 350,000 people in the Mobile area. ๐จWHAT THE HELL?!!!! Divers doing a ROUTINE maintenance check at the Converse Reservoir dam in Mobile, AL... ...just found an underwater IED!!!! Apparently a grenade-type bomb was sitting submerged at the bottom of a dam that holds an entire city's DRINKING WATER. It tookโฆ pic.twitter.com/Rh5VQMspcU โ Matt Van Swol (@mattvanswol) May 14, 2026 Divers conducting routine maintenance surveys found the device, prompting a multi-agency response that included the Mobile County Sheriff's Office, the FBI Bomb Squad, the Mobile Police Department Explosive Ordnance Detail, the ALEA Bomb Squad, and the Daphne Search and Rescue Team. The Department of Homeland Security was notified of the incident. "This is an unprecedented threat, and we are fortunate that this device was discovered before it could cause serious damage to our water supply or harm to individuals. We are grateful for the professionalism and competency of our law enforcement partners โ as well as the quick thinking of our contractors and divers โ in identifying this device and safely destroying it," Bud McCrory, the director of Mobile Area Water and Sewer System, stated. The incident recalls a 2010 report from Texas, when federal agents warned that Mexican drug cartels were plotting to blow up a border dam. The broader infrastructure security concern today is far more serious, given the millions of illegal aliens who have flooded the nation during the Biden-Harris regime. Tyler Durden Thu, 05/14/2026 - 21:20
Midsize City Population Growth Remaining Steady: Census Bureau Authored by Zachary Stieber via The Epoch Times (emphasis ours), Population growth in medium-sized cities largely remained steady even as the national population barely grew, Census Bureau officials said on May 14. An aerial view of the Texas Capitol in Austin, Texas, August 4, 2025. Brandon Bell/Getty Images Midsize cities grew by an average of 0.7 percent from July 1, 2024, to July 1, 2025, compared with 1 percent the year prior, according to the newly released analysis. In comparison, the average growth for the largest cities and large cities was just 0.3 percent and 0.5 percent, respectively, down from 0.9 percent and 1 percent. Small cities had an average population growth rate of 0.1 percent, down from 0.3 percent. โBig-city growth slowed significantly between 2024 and 2025, with some major hubs even seeing small declines,โ Matt Erickson, a statistician in the Census Bureauโs Population Division, said in a statement. โIn contrast, midsized cities found a โGoldilocks zoneโ where domestic and international migration, paired with new housing, helped prevent the sluggish growth seen in small towns and larger metropolitan centers.โ The new data came several months after the Census Bureau estimated that immigration to the United States plummeted from mid-2024 to mid-2025, amid a Trump administration crackdown on illegal immigration. A general view of the skyline of Manhattan from the One World Trade Center Tower in New York City on June 15, 2021. Mike Segar/Reuters The bureau estimated at the time that the country added 1.8 million people, for a growth rate of 0.5 percent. The bureau classifies cities as: largest cities (at least 250,000 residents), large cities (50,000 to 249,999 residents), medium-sized cities (5,000 to 49,999 residents), and small cities (fewer than 5,000 residents). Some of the fastest-growing cities are in the medium-sized group, including Princeton in Texas, which grew by 18 percent to 43,524 residents. Other large population jumps were recorded in the medium-sized cities of Melissa, Anna, and Forney in Texas; Haines City in Florida; Waukee in Iowa; Kuna in Idaho; and Foley in Alabama. Even when larger cities saw strong population growth, they were often eclipsed by nearby suburbs. Charlotte, North Carolina, for instance, grew by 20,731 residents between 2024 and 2025, numerically more than any city in the country. The population in nearby Fort Mill, South Carolina, though, jumped by a larger percentage, increasing by 6.8 percent to 38,673. Fort Worth, San Antonio, and Celina in Texas, and Seattle, Washington, increased the most numerically behind Charlotte. New York City, easily the most populous city in the country with some 8.5 million people, logged a population decline of 12,196 during the time period in question. An undated file photograph shows a general view of Sixth Street in Austin, Texas. Rich Fury/Invision/AP Most growth across cities of all sizes took place in the South, which includes Texas. Austin crossed the 1 million threshold between 2024 and 2025, marking the 12th U.S. city to reach seven digits in population. Tyler Durden Thu, 05/14/2026 - 20:55
Major Bank Faces Legal Heat Over Allegations Of Debanking Conservatives Capital One is under fire once again over allegations that it has denied banking services to gun retailers and other customers viewed as politically conservative, even as President Donald Trumpโs executive actions seek to curb such practices. A Maryland gun store, United Gun Shop of Rockville, recently filed a lawsuit alleging that Capital One, working through payment processor Melio Payments, blocked it from using the bankโs platform for business transactions after flagging its operations in the firearms industry. The store received notices in 2025 and 2026 stating that Capital One and Melio could not serve businesses in that sector, according to the legal complaint. The case has drawn attention from Consumersโ Research, a conservative watchdog group, which on Thursday issued a โwoke alertโ highlighting the allegations against the bank. โCapital One has been caught debanking law-abiding citizens again. It apparently isnโt enough for Capital One to fund and promote racist DEI, climate activism, and extreme transgender policies; the company is also debanking its own customers simply for holding views outside leftist ideology,โ Consumersโ Research Executive Director Will Hild said in a statement to The Daily Wire. ๐จ Despite President Trumpโs executive order banning debanking, @CapitalOne is already facing new allegations in a lawsuit from a Maryland gun shop. United Gun Shop claims the bank effectively debanked them โ not for fraud, not for any illegal activity, but seemingly becauseโฆ pic.twitter.com/q6sIIMDBXA โ Will Hild (@WillHild) May 8, 2026 Capital One is among nine large banks under review by the Office of the Comptroller of the Currency as part of that broader inquiry, the outletย pointed out. Capital One is also facing ongoing litigation in Florida after a federal judge in Miami dismissed a lawsuit brought by the Trump Organization accusing Capital One of politically motivated "debanking," while allowing the claims to be refiled. The suit, filed in March 2025 by the Donald J. Trump Revocable Trust and affiliated entities โ originally in Miami-Dade Circuit Court before being removed to the U.S. District Court for the Southern District of Florida โ alleges that Capital One abruptly closed hundreds of Trump-linked accounts in 2021 following the Jan. 6 Capitol riot in what the Trump family has described as an act of political discrimination. U.S. District Judge Roy Altman granted the bank's motion to dismiss on March 20, 2026, calling the original complaint deficient, yet he gave the Trump family until July 2 to file an amended version with stronger evidence. Capital One has denied any discriminatory intent and continues to defend the closures as a legitimate business decision made for legally and regulatorily permissible reasons. Tyler Durden Thu, 05/14/2026 - 20:30
'Killshot' Is Coming For Earth Warned CIA Remote Viewer Before Recent Death Authored by Steve Watson via Modernity.news, A retired US Armyย majorย and former CIA-linked remote viewer issued stark final warnings of a devastating solar โKillshotโ before his death in March, claiming the current period of heightened solar activity could trigger infrastructure collapse on a global scale. Retiredย Majorย Ed Dames, who participated in the US governmentโs classified remote-viewing programs during the Cold War, described the event as enormous solar blasts that would knock out power grids, communications and essential services, potentially leading to millions of immediate deaths and widespread societal breakdown. Dames died at age 76. In his last recorded interviews he tied the timing directly to Solar Cycle 25 and the recent passage of comet C/2023 A3. Read more ๐ https://t.co/YoGr2cu9nG โฌ๏ธ โ Daily Mail US (@Daily_MailUS) May 13, 2026 Dames was linked to Project Stargate, a declassified US intelligence initiative that ran from the 1970s until 1995. It explored whether psychic phenomena, particularly remote viewingโthe claimed ability to perceive distant or hidden targets mentallyโcould be used for espionage. The program originated amid Cold War concerns that the Soviet Union was investigating similar psychic capabilities.ย Dames, who had served in Airborne Infantry and later as a tactical electronic warfare officer, transferred into the remote-viewing unit after studying biophysics and Mandarin at UC Berkeley.ย He maintained that remote viewers sometimes supplied intelligence unavailable through conventional means. The Stargate Project was, at least officially, shut down in 1995 after official reviews claimed it had not delivered reliable operational value. In one of his last interviews, recently released, Dames stated: โRight now weโre at the beginning of the solar cycle. 25 Solar Max. Solar Max should last for about two years, and the sunโs doing unprecedented stuff. There are more solar spots than there have been in the last 20-something years.โ He continued: โI predict that this Solar Max will be the beginning of the kill shot sequence. But more, more interestingly, intriguingly, the comet C/2023 A3 thatโs in the sky.โ โThe timing of that appearance and the orbit exactly matches this passing space body with this huge event called the kill shot looming ahead,โ Dames further suggested. โThis comet, we described as a passing space body. We didnโt know what it was, a planetoid or a comet, either one that is concomitant with the initiation of the kill shot sequence, and this comet, the trajectory and the timing is a perfect match,โ he urged. Dames warned of the practical consequences of such an event, โYou wake up and thereโs no power and thereโs no water and thereโs no gasoline, itโs going to be a bad nightmare scenario. Thatโs what youโre going to be confronted with. The government is not going to help you.โ He had previously written: โThe true devastation of todayโs Killshot will be unlike anything we have previously seen in history with solar radiation actually hitting groundย level; resulting in the initial deaths of millions with implications resulting in economic collapse, warโฆโ โMore than 30 years ago, we were looking for nuclear war and finding out that our star was going on a rampage.โ Dames first encountered the Killshot concept, he said, while remote viewing during his time in the classified programs. He later built a career teaching survival techniques and selling materials focused on preparing for the predicted event. Damesโ warnings have drawn renewed scrutiny in light of separate reporting on extensive doomsday preparations by the ultra-wealthy.ย Billionaires are transforming locations into exclusive enclaves and constructing fortified bunkers in anticipation of what they term โthe event.โ Local historian Paul George told the outlet: โOnly the very wealthy, the billionaires can afford to live in Indian Creek now. Hundreds of millions arenโt gonna cut it anymore.โ These ultra wealthy elites are purchasing private islands in Hawaii, Fiji and New Zealand while building underground shelters. Examples include Mark Zuckerbergโs reported 5,000-square-foot doomsday bunker at his Koolau Ranch property in Hawaii. Some observers have noted the thematic overlap between Damesโ long-standing โKillshotโ scenario and the vague but urgent โeventโ referenced in these elite preparedness efforts, though no direct connection has been publiclyย confirmedย by the individuals involved. NASA and NOAA continue to monitor Solar Cycle 25, which has produced significant flares and geomagnetic storms. Severe solar activity is known to threaten satellites, power grids and communications infrastructure. Astronomers confirm that comet C/2023 A3 Tsuchinshan-ATLAS passed through the inner solar system on its predicted trajectory, again there is no established scientificย linkย to apocalyptic solar events. Sceptics have pointed out that several of Damesโ earlier timelines for the Killshot did not materialize. Remote viewing itself remains unproven under rigorous scientific scrutiny, and the Stargate Project was ultimately deemed non-operational by its reviewers. Your support is crucial in helping us defeat mass censorship. Please consider donating viaย Localsย orย checkย out our uniqueย merch. Follow us on Xย @ModernityNews. Tyler Durden Thu, 05/14/2026 - 20:05
Spencer Pratt Within Single-Digit Territory Of Far-Leftย L.A. Mayor Karen Bass A new public opinion survey from Emerson College Polling, a nonpartisan polling center based at Emerson College, shows that far-left incumbent Mayor Karen Bass remains the frontrunner in the Los Angeles mayoral race, though challenger Spencer Pratt appears to be gaining popularity and traction, which has clearly alarmed the Democratic Party. Local outlet Spectrum News 1 SoCal cited Emerson College's new poll of the L.A. mayoral race, which shows Bass at 30%, Pratt at 22% (gaining ground), and Socialist Councilmember Nithya Raman at 19%. The poll, conducted between May 9 and 10, came just a few days after the L.A. mayoral debate last Wednesday. An NBC Los Angeles poll showed Pratt dominated, with 88% of respondents saying he won. ๐จ LA MAYOR POLL: A whopping 88% say that @spencerpratt WON the Mayoral debate last night. Spencer Pratt: 88% Karen Bass: 7% Nithya Rama: 5% It wasnโt even close. pic.twitter.com/EMUmw9sDDs โ Dustin Grage (@GrageDustin) May 7, 2026 Spencer Pratt has been surging in popularity across L.A., thanks to his social media teamโs impressive ability to go viral online, generating millions of likes, retweets, and views. Karen Bass got FOMO. These AI attack ads are crazy desperate. pic.twitter.com/7nJrFISeQH โ Spencer Pratt (@spencerpratt) May 13, 2026 He has been particularly effective in messaging: "No More Nakedness": Spencer Pratt's L.A. Mayoral Plan To Restore Order 'In Weeks' Has Democrats In Panic Mode In L.A., that has not been difficult, as he has simply pointed out the truth: far-left Bass and her administration of leftists in City Hall have transformed the metro area into a DEI kingdom of crime and chaos in just a few short years through failed progressive policies. Earlier this week, TMZ tried to derail Prattโs campaign with a piece about how he was not living in an Airstream trailer on his burned-out property in the Palisades, which he blames Bass for failing to protect during the fire. ๐จ JUST IN: After TMZ ran a SMEAR PIECE on him, LA mayoral candidate Spencer Pratt took it to them DIRECTLY on their network โ he showed up and PUMMELED the lies They tried saying he misled people about living in the trailer because his house burned down โ that he's at a "hotel"โฆ pic.twitter.com/VCBONdAKJP โ Eric Daugherty (@EricLDaugh) May 13, 2026 Well, that backfired.ย "Raman will drop out and Bass will surge, and in order for Pratt to make it beyond June 2, Bass needs to stay under 50%," political commentator Katie Zacharia noted on X. Raman will drop out and Bass will surge, and in order for Pratt to make it beyond June 2nd, Bass needs to stay under 50%. โ Katie Zacharia (@KatieZacharia) May 14, 2026 State-level Republicans nationwide should take note of Prattโs effective campaign strategy and simply copy it. The truth about how Democrats ruined cities with nation-killing progressive policies is very easy to communicate to voters. Tyler Durden Thu, 05/14/2026 - 19:40
Ralph Baric And UNC's Biodefense Contract Racket Exposed Authored by Paul D. Thacker via The DisInformation Chronicle, โDLA Piper wants to get you,โ I was told, from a source in DC over the weekend. โWell, what can they do to me?โ I asked. โThey canโt really do anything,โ she said. โBut they are pissed off.โ Well, they should be. DLA Piper is one of the largest law firms on the planet, with over 90 offices scattered across more than 40 countries. A week back, I took a shot at one of DLA Piperโs top lobbyists, former Republican North Carolina Senator Richard Burr, and one of DLA Piperโs major clients, the University of North Carolina (UNC). As I reported last month for RealClearInvestigations, The National Institutes of Health removed UNC virologist, Ralph Baric, from all his NIH grants. And UNC put Baric on administrative leave. This all took place last year, but remained hidden until I exposed it all in a sprawling investigation that delved into Baricโs career, his past lobbying efforts of the federal government to keep taxpayer money pouring into his UNC lab, and Baricโs manipulations of public opinion to shut down speculation that the pandemic started because of the dangerous virus research that he pioneered in collaboration with Shi Zhengli at the Wuhan Institute of Virology. Thatโs right. Baricโs main collaborators to create experimental pandemic viruses were virologists working in the same city where the COVID pandemic started in 2019. Neither Baric nor UNC would respond to my repeated inquiries. However, when a reporter sent them questions about my article, UNC said that they couldnโt discuss Baric โciting the universityโs policy on personnel matters.โ Another reporter who sent UNC questions, received this reply: โThanks for reaching out. Under the North Carolina State Human Resources Act, the University of North Carolina does not comment on personnel matters.โ But the pressure became overwhelming and the dam finally burst on Tuesday, when UNC administrators sent out an email saying that Baric was retiring. (That email was then leaked to a local North Carolina paper.) Baric also collaborated with Science Magazineโs Jon Cohen, providing him all the details about my prior reporting that NIH removed Baric from grants last year and UNC placed him on leave. Cohenโs editor, John Travis, then tried to sell this repeat of my reporting from last month as an โexclusive backstoryโ to readers of Science. Journalism can be a sleazy business. Since the pandemicโs beginning, Jon Cohen has distinguished himself as a soft touch for Tony Fauci-financed virologists who downplayed evidence that the pandemic began at the Wuhan Institute of Virology, earning himself the moniker: โCrooked Cohenโ. UNCโs Biodefense Lobby Hustle Baric got away with shenanigans for years because, while he was in an elected official and purportedly serving voters, North Carolina Senator Richard Burr helped to protect Baric and sponsored legislation that poured tens of billions of taxpayer cash into biodefense research that paid Baricโs UNC lab, as well as a North Carolina company Baric founded. And letโs not forget all the biopharmaceutical companies that work with Baric and other virologists to suck down taxpayer-financed federal contracts to stockpile government warehouses with biomedical products. One of Baricโs major sponsors was Tony Fauci, who ran the biodefense program at the National Institutes of Health (NIH). Trump officials now tell me that Baricโs cutting-edge biodefense studies led to virus experiments at the Wuhan Institute of Virology that caused the COVID pandemic. โBaric designed the gun,โ I was told by a senior health official. โBut the Chinese built it, and then they pulled the trigger.โ A senior Trump official at one of the intelligence agencies refers to this multi-billion dollar biodefense complex as a โcontract racket.โ Hereโs how he said it works: NIH and other taxpayer-funded federal agencies give grants and contracts to university virologists to find viruses hidden throughout the world, and bring them back to labs for experiments, including dangerous gain-of-function studies that make viruses more deadly; Academic virologists then partner with Big Pharma and biotech companies to create profitable therapeutics and vaccines to these experimental viruses, with universities getting a cut of the deal; Biotech executives, academics, and universities make a windfall after these therapeutics and vaccines get sold back to the very taxpayers who paid for all this research in the first place. I wrote about some of this back in 2023, the year in which President Biden began drowning the academic/biodefense industry in an historic amount of cash: $88.2 billion. That same year, Senator Burr left federal office to catch some of that deluge in dollars as a biodefense lobbyist. However, in 2023 this was all so new, and far too complicated to understand. But today itโs no longer hard to follow once you take a look at Burrโs 18 lobbying clients: Academic Research Centers: University of North Carolina, Duke University, Duke University Health System, Wake Forest University, Association of American Universities. Pharma/Biotech in BioDefense Sector: Biogen, Biotechnology Innovation Organization Pharmaceutical Research and Manufacturers of America PhRMA, Novartis AG, REGENEX BIO, AdvaMed, Avalyn Pharma, Lazarus AI, Defence Security and Resilience Bank Development Group. Itโs quite something. Burr laid the foundation for his lobbying career by sponsoring most of the major pieces of legislation that fund and regulate the biomedical and biodefense industry during his three decades in office. And heโs not shy about trumpeting these accomplishments, because he advertises them to potential clients in academia and corporate America on his bio at DLA Piper. Burr helped pass the 1997 FDA Modernization Act which regulates pandemic products, and he was a primary architect of the 2006 Pandemic and All-Hazards Preparedness Act (PAHPA) which provided new authorities for companies to develop medical countermeasures which the government then buys from them. The PAHPA also created BARDA (Biomedical Advanced Research and Development Authority). BARDA spends billions every year to subsidize pandemic research, with a big portion of that money buying vaccines and other pandemic products that fill up government warehouses, in case a crazy virus (maybe leaked from a lab!) starts sweeping across the planet, killing people. But thereโs more money. So much money. In his final year as a United States Senator, Burr introduced a bill to create ARPA-H inside the NIH, providing billions more in taxpayer spending for biodefense companies. As the Republican leader of the Senate Committee on Health Education, Labor and Pensions (HELP), he then published a report on COVID origins that placed sole blame for the pandemic on Chinese scientists at the Wuhan Institute of Virology, while ignoring extensive published evidence of the research ties between UNCโs Ralph Baric and the Wuhan Institute of Virology. โWith COVID-19 still in our midst, it is critical that we continue international efforts to uncover additional information regarding the origins of this deadly virus,โ Burr wrote in the reportโs forward. โI hope this report will guide the World Health Organization and other international institutions and researchers as they proceed with planned work to continue investigating the origins of this virus.โ To give this reportโs distorted conclusions some added media juice with liberals, Burr co-opted reporter Katherine Eban to promote his misdirection from Baricโs lab in North Carolina to focus on the Wuhan Institute of Virology. Wittingly or not, thatโs exactly what Eban did with an โexclusiveโ she co-published with ProPublica and Vanity Fair. Ebanโs involvement was my first clue that this Burrโs report was a misdirection. As Politico reported in 2012, Eban has a habit of allowing her journalism to serve as โdemonstrably falseโ propaganda for sources who dump documents in her lap. [SEE BELOW: โKatherine Eban Tells You What Power Tells Herโ] Spotlight on Ralph Baric My investigation for RealClearInvestigations runs for several thousand words and the details of Senator Burr, his 2022 report, and Katherine Eban is only one section. But none of it has been told before. And my reporting created waves in DC that washed down into North Carolina. The day before the investigation went live, I sent Richard Burr details about my reporting via his email at DLA Piper. I wrote to Burr that I was a former Senate investigator, telegraphing to him that I understood how Committees put together reports. I then detailed all the problems I found in the 2022 report he released before leaving the Senate to become a biodefense lobbyist. In my email to Burr, I included a set of facts that we were reporting at RealClearInvestigations and asked him to comment, correct, or clarify. 1) In your final year as Ranking on HELP, you released a 2022 report on the pandemicโs origin. That report pointed the finger solely at China as the purported origin of the virus. 2) That report made no mention of gain-of-function research funded by the NIH, nor any mention of gain-of-function research conducted in the United States. 3) The most notable researcher in the world for generating gain-of-function coronaviruses is Ralph Baric, professor at UNC, who is funded by the NIH. 4) Sources who Committee staff interviewed for your report said that Bob Kadlec removed any mention of gain-of-function research in the United States. Others said you made this decision. 4) After you left office, you joined DLA Piper as a lobbyist on pandemic preparedness, taking with you staff from the HELP Committee. 5) You then joined the board of the company Baric set up for pandemic preparedness, which had also received NIH money. A few hours later, I got a text message from Douglas Heye, a former speechwriter for the Republican National Committee, and former Republican Hill staffer. According to one bio, Heye is from Burrโs home state of North Carolina and runs a PR firm called โDouglas Media.โ Heye wanted to talk to me about Senator Burr, but I wasnโt interested. He then called me, but I didnโt pick up. I then texted Heye back that Senator Burr could call me himself or email me to answer my questions. Burr later emailed me that he couldnโt discuss the matter as DLA Piper represents UNC. What he didnโt tell me is that he, Richard Burr, is the person at DLA Piper who lobbies for UNC. I now know that Burr is deeply embedded within the academic biomedical and biodefense industry that he helped to create with all the legislation he passed during three decades in Congress. Again, just look at his DLA Piper bio explaining all this, and check out Burrโs list of clients in academia and biodefense. Between two laws he sponsoredโBARDA and ARPA-Hโtaxpayers shovel several billions of dollars down the gaping maw of academic research centers and private companies in grants and contracts every year. Most of BARDA money has gone to big pharma companies such as Moderna, Pfizer/BioNTech, Janssen (Johnson & Johnson), AstraZeneca, and Sanofi/GSK. Thatโs apparently why Burr put out a report in his final months as a United State Senator that pointed the finger at the Wuhan Institute of Virology as the sole problem in dangerous virus research. He couldnโt shine a spotlight on UNC and other American universities, as well as their corporate partners in biomedical and biodefense and then expect these same people to hire him as their man in DC. Katherine Eban Tells You What Power Tells Her When Katherine Eban partnered with Senator Burr and his staff in 2022, she understood that, in exchange for access to inside information, her role in this alliance was to promote the Senatorโs report, not question the conclusions. Renowned investigative reporter Dean Starkman laid out the problems inherent in Ebanโs type of journalism many years ago in a critique of โaccessโ versus โaccountabilityโ reportingโthe latter being my preference. Access reporting tells you what the powerful said, Starkman explained, while accountability reporting tells you what they did. And Eban has long snuggled up to the powerful for access, which inescapably hides what they did. Itโs a fatal flaw in the scribblings of all stenographers to power. In 2011, Special Agent John Dodson with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) blew the whistle on the Fast and Furious gun walking scandal. This federal operation allowed over 2,000 firearms to be illegally purchased and then trafficked to Mexican drug cartels in order to track those weapons back to drug smugglers. The tactic was known as โgunwalking.โ However, agents lost track of most weapons, which were later used in crimes, including the killing of a U.S. Border Patrol agent. This inept operation drew a target on the back of Agent Dodsonโs superiors and U.S. Attorneys who supervised the Fast and Furious Operation. And they retaliated against him by leaking sensitive internal government documents to reporters in a smear campaign. One of those reporters who got inside access to government documents and then smeared agent Dodson was Katherine Eban. In a June 2012 โexclusiveโ for Fortune, Katherine Eban made a series of false allegations against Dodson, claiming that his whistleblowing was just a โgrudgeโ against his superiors. Dodson hired an attorney and sued Ebanโs publisher Time Inc. for defamation, noting that Ebanโs reporting was โdubiousโ and filled with falsehoods. A spokesperson for the Senate Committee investigating the Fast and Furious scandal told Politico, โThis kind of misleading and highly opinionated narrative masquerading as objective mainstream journalism is an example of why many Americans distrust what theyโre told by the media.โ Eban tried to defend hersefl, but Time Inc. later settled with Dodson. The Department of Justiceโs Office of the Inspector General later released a report that found a United States Attorney leaked internal government documents โmotivated by a desire to undermine Special Agent Dodsonโs public criticisms of Operation Fast and Furious.โ The ACLU then protested the ATFโs attempt to censor Agentโs Dodsonโs 2013 memoir on this gun trafficking scandal, โThe Unarmed Truth: My Fight to Blow the Whistle and Expose Fast and Furious.โ That same year, ATF cleared Agent Dodsons of all false allegations made against him by his superiors. When Fast and Furious first blew up, I had left my job as a Senate investigator so I did not deal with Agent Dodson and the smear campaign orchestrated against him. However, I was friends with the Senate staffer who ran the Dodson investigation alongside a Secret Service Agent who was on detail to the Committee that I had left. I was appalled at the Ebanโs shoddy reporting and defamation of Agent Dodson, and I have never trusted her since. Eban viciously attacked an American hero, who risked his career and reputation to protect the United States and federal law officers. When I spoke to Agent Dodson a couple years ago about what happened to him, he said he couldnโt discuss the details of his settlement with Ebanโs publisher. He did tell me that ATF punished him by never giving him a promotion after he went public about the scandal. Eban did not return repeated requests to explain her defamation of Agent Dodson, and why she has never apologized publicly. Lionsgate studio picked up the rights to Dodsonโs book in 2015 and chose โWorld War Zโ writer Matthew Carnahan to adapt the memoir into a movie. However, plans for a movie on Agent Dodson appear to have been shelved. Eban reprised her role as unquestioning sidekick to the powerful when she rode shotgun with Senate Burr to promote his 2022 report in co-published stories that ran in ProPublica and Vanity Fair. The articles provided intimate details of the Committee staffers she had grown close to, including colorful highlights of one with โvery blue-collarโ roots in Greenville, South Carolina. Just like North Carolinaโs Senator Burr, Eban ignored mountains of evidence, available at the time, that NIH-funded scientists like Ralph Baric of North Carolina were partnering with scientists at the Wuhan Institute of Virology. And just like Senator Burr, Eban focused solely on China as the problem with dangerous virus experiments. In fact, this laser-like focus on Wuhan, China, is right there in the title of Ebanโs ProPublica article. Propublica later published an editorโs note to Ebanโs regurgitation of Senator Burrโs report, adding context and corrections that stretches on for over 2,500 words. Iโm not joking. The editorโs note is longer than this article that you are reading now. Eban pulled a second stunt like this in 2023, shielding Ralph Baric and other corrupt virologlists from scrutiny, when she appeared at a University of Pennsylvania event discussing the origins of the COVID pandemic alongside virologist Susan Weiss. โThere is no field where there is more need for clear communication than on the subject of the COVID origins debate,โ said the event organizer, professor Claire Finkelstein. โWe decided to get five of the smartest, most interesting, and level headed people that we could find together, to rise above the fray to have a serious intelligent discussion.โ Surprise: Event organizer Claire Finkelstein is Katherine Ebanโs sister! Years prior to her sister hosting a university event for Eban to rub shoulders with Weiss, emails spilled out showing that Weiss had allowed Ralph Baric to ghostwrite a 2020 essay she co-authored downplaying the possibility of a lab accident. Weissโs 2020 commentary was titled โNo credible evidence supporting claims of the laboratory engineering of SARS-CoV-2โ and appeared in the journal Emerging Microbes & Infections. Taylor and Francis later congratulated Weiss and her co-authors as their commentary became one of the most widely read pieces published in 2020. Media outlets such as The Week, Buzzfeed, and Baricโs local newspaper, the Raleigh News & Observer, cited the article in passages that dismissed a possible lab accident. Emails show that both Baric and Shi Zhengli of the Wuhan Institute of Virology provided secret edits to Weissโs manuscript. After one of the Weissโs co-authors sent Baric a draft, asking for his input, Baric responded, โSure, but donโt want to be cited in as having commented prior to submission.โ After then submitting alterations to the text in track changes, Baric added, โI think the community needs to write these editorials and I thank you for your efforts.โ But sitting on the stage next to Weiss, Eban didnโt ask a single question about this unethical incident. Even though the story and supporting emails had been made public years prior. Now why is that? Hereโs what I reported for RealClearInvestigations about this tawdry research episode involving Ralph Baric and Susan Weiss: Although failing to disclose authors on a paper is considered a form of research misconduct, the journal failed to take action. Five years after publication, the journal added a disclosure in January 2025 that acknowledged Ralph Baricโs contribution to the commentary. This is partly why weโre still trying to figure out today what happened during COVID coverup. Much of the dirt kicked up with these media deceptions is still floating in the air. But letโs keep blowing that dust away. Tyler Durden Thu, 05/14/2026 - 19:15
Senators Unanimously Pass Resolution To Withhold Their Own Pay During Shutdowns Authored by Jackson Richman via The Epoch Times, The Senate unanimously approved a resolution on May 14 that would suspend senatorsโ pay during government shutdowns. The measure, introduced by Sen. John Kennedy (R-La.), passed by voice vote and is scheduled to take effect after the November midterm elections. Under the resolution, the Senate secretary would withhold lawmakersโ salaries whenever a government shutdown affects one or more federal agencies. Pay would be released once government funding is restored. Supporters say the proposal is intended to hold Congress accountable as shutdowns become increasingly frequent and prolonged. โShutting down government should not be our default solution to our refusal to work out our issues and our differences,โ Kennedy said in a floor speech on Wednesday. โThis is about putting our money where our mouth is.โ Kennedy initially wanted the measure to take effect immediately, but included delayed implementation language to comply with the 27th Amendment, which bars changes to congressional pay until after the next House election. He also accused Democrats of potentially using a shutdown before the elections โto create chaosโ and influence the political environment heading into the midterms. The legislation follows two major shutdowns over the past year that caused financial strain for thousands of federal employees, especially workers at the Department of Homeland Security. The agency reopened last month after a 76-day partial shutdownโthe longest funding lapse affecting a federal agency in U.S. history. That shutdown came shortly after a separate 43-day closure of the entire federal government, another record-setting disruption. While federal workers often miss paychecks during shutdowns, members of Congress continue to receive salaries because the Constitution guarantees lawmakersโ compensation. During a previous shutdown tied to disputes over health care subsidies, Sen. Lindsey Graham (R-S.C.) proposed a constitutional amendment requiring lawmakers to forfeit their pay during shutdowns. โIf members of Congress had to forfeit their pay during government shutdowns, there would be fewer shutdowns, and they would end quicker,โ Graham said at the time. Graham argued that a constitutional amendment would be the most legally secure solution, though such an effort would require ratification by three-fourths of the states. Lawmakers have previously pledged to voluntarily reject their salaries during shutdowns, but Kennedy told reporters his proposal would ensure that โshared sacrificeโ becomes official policy. He acknowledged the resolution does not apply to the House of Representatives, saying, โthe Houseโs business is the Houseโs business,โ while also referencing tensions between the two chambers. โThereโs a very strong undercurrent of animosity among some of my friends in the House,โ Kennedy said. โItโs quickly becoming like two kids fighting in the back of a minivan.โ Tyler Durden Thu, 05/14/2026 - 18:25
Billionaire Democrat Donor Who Bankrolled Swalwell Breaks Silence After Surprise Arrest Billionaire and Democrat donor Stephen Cloobeck was arrested Tuesday in Los Angeles on suspicion of felony charges ofย attempting to prevent or dissuade a victim or witness from testifyingย after a warrant was issued for his arrest.ย Cloobeck, founder of Diamond Resorts - who until recently was a major financial supporter of former Rep. Eric Swalwellโs (D) failed campaign for California governor, was booked into custody in West Hollywood, according to Los Angeles County Sheriffโs Department records.ย He was later released on $300,000 bail. In a terse statement to the California Post, a press representative for Cloobeck said of the arrest: โThese charges are false and we look forward to our day in court.โ Cloobeck cut ties with Swalwell following multiple allegations of sexual assault - but not before the now-former congressman recorded a bizarre apology video from inside his swanky mansion. โI was with my counsel and we had a chat with him, I just told him, โYou busted the trust,โโ Cloobeck said of Swalwell at the time the allegations broke. โIโm shocked, Iโm disturbed and get the fuck out of here.โ Then I walked away and that was it.โ โI was blown away!โ the billionaire claimed. โLike blown away. Like, thereโs no way I would have endorsed him. Itโs such a shock.โ The billionaire, who briefly ran for governor himself last year before dropping out to support Swalwell, has since rebranded himself a Republican. โI am no longer supporting Eric. Fucking tell everyone Iโm a libertarian. Fuck you, Democrat Party,โ he told the California Post. Cloobeck has also recently made headlines thanks to his 28-year-old fiancรฉe, Penthouse Pet Adva Lavie, who faces six felony charges for allegedly preying on older men through dating apps. However, his loverโs legal troubles havenโt impacted the impending nuptials, according to the billionaire. His 28-year-old bride-to-be, Penthouse Pet Adva Lavie, is facing six felony charges for allegedly preying on old men through dating apps โThe marriage is still on, the date is now a secret,โ he said. Tyler Durden Thu, 05/14/2026 - 18:00
Warren Whines As Senate Banking Committee Advances Crypto CLARITY Act, Two Democrats Break Ranks Authored by Micah Zimmerman via BitcoinMagazine.com, The Senate Banking Committee advanced the Digital Asset Market Clarity Act on a 15โ9 vote Thursday, with Sens. Ruben Gallego (DโAriz.) and Angela Alsobrooks (DโMd.) joining all 13 Republicans to move the sweeping crypto market structure bill to the full Senate. The Clarity Act is the Senateโsย bid to buildย a federal framework for digital asset trading, stablecoins and intermediaries, splitting oversight between the SEC and CFTC and setting registration, disclosure and compliance rules for exchanges, brokers and custodians. It now advances alongside a related bill from the Senate Agriculture Committee, with the two texts expected to merge before a floor vote. Chair Tim Scott (RโS.C.) cast the markup as a turning point after years in which crypto firms operated in what he called a โregulatory gray zoneโ under โoutdated rules.โย He said the bill aims to protect consumers, keep innovation in the United States and โclose the doors that criminals, terrorists and hostile regimes have tried to exploit,โ after months of crossโparty talks that expanded the draft by more than 200 pages. Sen. Cynthia Lummis (RโWyo.), who leads the committeeโs digital assets panel, called the Clarity Act โthe hardest piece of legislationโ she has worked on across decades in state and federal office. She described it as a โcase of first impressionโ that tries to fit new asset types and software into a regulatory code built for earlier markets. BREAKING: ๐บ๐ธ Senate Banking Committee PASSES the Clarity Act in 15-9 vote. The bill now goes to the full Senate. pic.twitter.com/TCs6T283y2 โ Bitcoin Magazine (@BitcoinMagazine) May 14, 2026 Warrenโs camp: โindustryโwrittenโ and โnot readyโ Ranking Member Elizabeth Warren (DโMass.)ย led the opposition, arguing the committee should focus on groceries, health costs and credit card rates, not โa bill written by the crypto industry for the crypto industry.โย Warren warned that the draft โblows a holeโ in securities law that has protected investors since 1929, preempts state antiโfraud rules and allows banks to load up on volatile crypto exposure in ways she linked to preโ2008 practices.ย She said the bill โdeclares open season on defrauding American consumers who use crypto,โ and accused Republicans of advancing a framework that helps โthe President of the United Statesโ crypto grift. Sen. Raphael Warnock (DโGa.) tied his no vote to ethics concerns, calling President Donald Trumpโs digital asset business ties โpure corruptionโ and faulting Republicans for refusing enforceable conflictโofโinterest rules for all elected officials, including the president and vice president. Illicit finance, mixers and stablecoins National security concerns drove a series of Democratic amendments that Republicans rejected in 11โ13 votes. Warren proposed stronger sanction tools against crypto mixers and DeFi services, citing Treasuryโs 2022ย designationย of Tornado Cash and warning that the bill does not isolate mixers in statute.ย Sen. John Kennedy (RโLa.) pressed her on why new antiโmoneyโlaundering sections do not already cover those services, then joined Republicans to defeat the proposal. Sen. Jack Reed (DโR.I.) described how Iranian actorsย useย stablecoins to buy drone components, import sensitive goods and collect tolls from tankers in the Strait of Hormuz. He said the Treasury still must โgo hat in handโ to issuers such as Tether for voluntary cooperation, and sought explicit power for regulators to block foreign illicit stablecoin flows; his amendment failed on the same partyโline split. Sen. Chris Van Hollen (DโMd.) pointed to estimates that more than 150 billion dollars in digital assets flowed through wallets tied to illicit activity last year and highlighted a large North Korean exchange hack where DeFi services helped launder funds.ย His proposal to make it unlawful to release a DeFi protocol with the stated purpose of enabling money laundering, sanctions evasion or terror finance also fell in an 11โ13 vote, after Republicans argued that existing criminal statutes already reach that conduct. Republicans, led by Lummis and Sen. Bernie Moreno (RโOhio), answered that Titles II and III of the bill already tie digital asset intermediaries into the Bank Secrecy Act, expand Treasuryโs โspecial measuresโ authority and bring kiosks, brokers and exchanges into clearer federal oversight than the House version. President Trump, World Liberty and failed ethics amendments Ethics provisions tied to Trumpโs business ties toย World Liberty Financialย and other crypto ventures produced some of the sharpest exchanges. Van Hollen offered an amendment to bar the president, vice president and members of Congress from business ties to crypto firms and to require more disclosure, saying it was needed because โthe president and members of his familyโ had been involved in โcorrupt crypto ventures and various crypto scams.โ Moreno said the measure belonged in the Judiciary Committee because it carried criminal penalties and defended Trump as โa good man,โ accusing Van Hollen of declaring criminal conduct without a court record. The amendment failed 11โ13. Warren tried to force banking regulators to release confidential supervisory records related to Jeffrey Epstein, arguing Epstein had backed early crypto investments and that exam files could reveal what banks and supervisors knew as he moved funds through major institutions. Lummis answered that confidential supervisory material is outside a market structure billโs scope, and that amendment also failed, even after Kennedy said he would have supported it without โcoโconspiratorโ language. DeFi safe harbor deal exposes Democratic split One of the most consequential votes came on Lummis Amendment 122, a technical packageย negotiatedย with Sen. Mark Warner (DโVa.) that refines when a DeFi protocol counts as controlled by a small group and interacts with the billโs core safe harbors.ย Warren argued the amendment embeds โa narrow testโ for which entities count as crypto intermediaries and imports a Section 604 โloopholeโ that shields decentralized services from basic antiโmoneyโlaundering rules, saying that โit doesnโt matter if you have rules if nobody has to follow them.โ After a short technical fix to strike two lines, the committee adopted the amendment 18โ6, with Warner, Cortez Masto and Alsobrooks joining Republicans. That vote marked a clear split: Warren, Reed and Van Hollen opposed the compromise, while a โcrypto Democratโ bloc accepted the DeFi framework as a basis to refine before floor action. Process fight over which amendments get heard The markup also turned into a test of Scottโs control over the amendment list. Before the hearing, he ruled more than a dozen proposals out of order on drafting and filing grounds, including a National Sheriffs Associationโbacked fix from Sen. Catherine Cortez Masto (DโNev.) on decentralized platform enforcement and a communityโbankโsupported stablecoinโyield tweak from Reed and Sen. Tina Smith (DโMinn.). Later, seeking a bipartisan outcome, Scott reinstated several amendments, including Lummis 122, after Democrats such as Warner and Gallego said committee votes on those compromises would make support easier. Warren objected that he was reviving a subset of Republicanโside language while leaving law enforcement and communityโbank proposals sidelined.ย Van Hollen noted that some of his own properly drafted amendments never reached a vote, even as previously disqualified Lummis text passed 18โ6.ย Scott replied that he and Warren had agreed to cap amendments from each side, and that within that cap he was using discretion to serve Democrats who wanted a bipartisan result. Gallego and Alsobrooks give Clarity Act its bipartisan spine Through the day, Republicans accepted targeted changes that industry and moderates backed, including Sen. Mike Roundsโ AI sandbox and Sen. Dave McCormickโs portfolioโmargin language, both adopted with Democratic support. They rejected every Democratic attempt to extend sanctions tools, bar bailouts, tighten DeFi liability or write ethics rules into the bill. By the final vote, the Democratic side had split into clear camps. Warren, Warnock, Van Hollen, Smith and Reed built a record that presents Clarity as an industryโdriven framework that weakens enforcement and leaves presidential conflicts untouched. Warner helped shape key language but kept leverage for later stages.ย Gallego and Alsobrooks supplied the decisive Democratic votes that turned a partisan project into a 15โ9 bipartisan committee win, while both signaled that support on the floor will depend on further movement on ethics and enforcement as the bill heads toward merger with the Agriculture Committeeโs version and a 60โvote test before the full Senate. Tyler Durden Thu, 05/14/2026 - 17:40
Communist Mamdani's Latest Redistribution Scheme: Tax On All New York Homes Over $1 Million Bought With Cash Two days ago crestfallen commie mayor Zohran Mamdani abandoned his desperate plan to aggressively hike property taxes (even more) on New Yorkers following unprecedented pushback (but not before earning the former capitalist mecca a credit rating downgrade warning from most rating agencies). However, since communists who are not redistributing wealth (eventually under the barrel of a gun) are useless communists, it only took Mamdani administration 48 hours before pitching his latest idea how to take: according to Bloomberg,ย New York lawmakers are planning a new tax on New York City homes purchased in cash for at least $1 million.ย ย The lawmakers are also considering expanding the tax to all-cash purchases over $1 million in New York, including those in the suburbs and upstate. The New York City levy alone is expected to raise $160 million to help fill the cityโs budget hole. The proposed tax would be levied at 1% of the purchase price and would be paid by the buyer, according to the people.ย A spokesperson for Governorย Kathy Hochulย said she โannounced a general agreement with the State Legislature on many of the major elements of the FY 2027 Budget. The final budget bills will provide additional details.โ All-cash transactions have risen in New York as soaring mortgage costs have deterred financing, and instead buyers opt to be hit with capital gains taxes and liquidated other securities to fund real estate purchases. They are also an attractive option for sellers in New York Cityโs ultra-competitive real estate market as itโs faster than dealing with the lengthy mortgage approval process, and less likely to fall through. Such purchases made up more than 60% of the nearly 18,000 transactions in New York City in the first six months of 2025, according to data compiled by the Center for New York City Neighborhoods. The report found that in Manhattan, nine out of 10 purchases over $3 million were done in all-cash transactions between January and June of 2025. New York Assembly Speaker Carl Heastie said the tax would be included in the final budget as โpart of the plan to help close the cityโs deficit.โ State Senator James Skoufis, who sits on the chamberโs finance committee, also said in an interview the new levy was discussed. Mamdani unveiled his $124.7 billion budget plan for the fiscal year that starts on July 1 that includes more assistance from Albany. He is also counting on funds from a proposed tax on second homes worth more than $5 million that state and city lawmakers are still figuring out how to implement. Hochul said the state will send $4 billion in new aid to the city to help close the budget hole. โNew Yorkers are already the most heavily taxed residents in the country, and the cityโs budget issues will not be solved by more taxes,โ said James Whelan, president of the Real Estate Board of New York. He said that the new proposal would further burden home buyers and sellers in the city and threaten existing revenue.ย There are other problems with the proposal: New Yorkers already pay a 1% mansion tax, rising to 3.9%, on homes over $1 million whether paying with cash or financing.ย On top of that, even the wealthiest cash buyers aren't usually just wiring cash from their bank accounts to buy homes. They sell assets (i.e. stocks) to generate the cash. This liquidation is subject to heavy capital gains taxes already that go to both the federal government and also the state of NY. This tax is usually far ins excess of any 1% "cash" tax this idiotic Mamdani administration is proposing.ย As some social media commentators were quick to point out correctly, "There are bad policy ideas, and then there are those that make absolutely zero sense. This is the latter." Tyler Durden Thu, 05/14/2026 - 17:20
Murders Down Roughly 20% In 2025, FBI Preliminary Data Show Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The FBI on Sunday published an early glimpse at annual crime data, releasing preliminary 2025 data alongside first-quarter 2026 numbers that together show that violent crime has dropped sharply. FBI personnel enter a building in Portsmouth, Va., on May 6, 2026. Peter Casey/The Virginian-Pilot via AP The figures, typically released at the end of summer, marked the first time the bureau furnished a preview of annual crime tallies before the end of the following spring.ย The first-quarter 2026 numbers, drawn from 67 major law enforcement agencies, showed homicides fell 17.7 percent against the same period last year, robberies fell 20.4 percent, reported rapes declined 7.2 percent, and aggravated assaults dropped 4.8 percent. Declines appeared in every region of the country, according to the bureau.ย Among cities registering the steepest homicide reductions from January through March are Washington, D.C., down 64.7 percent; Philadelphia, 54 percent; San Diego, 50 percent; Houston, 36.4 percent; Memphis, Tennessee, 34.4 percent; New York City, 31.7 percent; and Los Angeles, 23 percent. The 2025 full-year figures anchoring the release were equally stark. The FBI recorded a 20 percent drop in the national murder rate, the largest single-year decrease ever captured in FBI data, alongside a 31 percent rise in fentanyl seizures, rescue of more than 6,000 child victims, and a 290 percent increase in gang disruptions. FBI Director Kash Patel told The Epoch Times that the achievements were the result of a โfull-scale reset of the FBIโoperationally, culturally, and fiscally.โ In 2025, FBI arrests climbed 197 percent, from 34,000 to 67,000; 1,800 gangs and criminal enterprises were dismantledโa 210 percent increaseโand more than 30,000 were arrested for violent crimes, nearly double from 2024. The U.S. homicide rate in 2025 fell 21 percent from 2024โ44 percent below the 2021 pandemic peak, according to a report by the Council on Criminal Justice, which analyzed data from 40 large cities. The group projected that when the FBI finalized its annual report, the national homicide rate would stand at roughly 4.0 per 100,000 residents, the lowest recorded in law enforcement or public health data stretching back to 1900. Patel hinted at the historic nature of the data for months. โWe are on track to have the lowest murder rate in modern American history. The lowest murder rate by double-digit percentages,โ he told the Senate Judiciary Committee in September 2025.ย He attributed the shift in large part to the FBIโs Operation Summer Heat, noting that in New Orleans and Nashville alone, violent crime arrests climbed an average of 250 percent each. A month later, Patel told The Epoch Timesโs Jan Jekielekย that homicides had fallen by double digits nationwide.ย โIโm happy to announce, finally, that one of the big targets we had for this year, obviously, was to reduce the murder rate across America,โ he said. In October 2025, Trump and Patel announced that Operation Summer Heat resulted in more than 8,700 arrests and a 20 percent drop in violent crime in targeted cities.ย Trump, in a Truth Social post days later, said that since he was inaugurated, 28,000 violent criminals have been arrested, more than 6,000 illegal firearms were removed from the street, 5,000 children have been rescued, and 2,000 criminal enterprises have been disruptedโcalling them โhistoric results.โ Tyler Durden Thu, 05/14/2026 - 17:00
Bad Signs: Christopher Nolan's "The Odyssey" Looks Like A Woke Disaster The signs are not looking good.ย Christopher Nolan's version of Homer's classic Greek epic "The Odyssey" was, at first, greatly anticipated.ย The director's filmography is largely celebrated with blockbusters like Interstellar, The Dark Night, Dunkirk and Inception.ย However, woke ideology is like a virus infecting everything in Hollywood, and rumors were spreading from very early in the production that wokeness has invaded the brain of Christopher Nolan.ย Even though the vast majority of "woke coded" films fail miserably at the box office, the Tinsel Town cult continues to lose billions of dollars every year pumping out one disastrous production after another.ย If we apply the universal definition of insanity (making the same mistakes over and over and expecting different results), then Hollywood is truly a lunatic asylum. Well, it appears that the rumors of the new Odyssey adaptation being a leftist propaganda vehicle are true.ย The long running blackout on casting decisions now makes perfect sense, because it's a DEI circus. It is now confirmed that Nolan's film features a race-swapped Helen of Troy.ย The "most beautiful woman in the world" will be played byย Lupita Nyongโo, a Kenyan-Mexican actress.ย Truly a downgrade from previous iterations of the story on film.ย Not to mention, Helen of Troy was a Greek - A Spartan Princess.ย ย ย ย ย But the sideshow doesn't end there.ย ย Nolan has also been forced to defend his decision to cast rapper Travis Scott in โThe Odysseyโ after receiving harsh backlash.ย The filmmaker addressed the controversy surrounding Scottโs appearance:ย ย โI cast him because I wanted to nod towards the idea that this story has been handed down as oral poetry, which is analogous to rap..." Perhaps one of the most contrived and idiotic explanations ever spoken.ย Unless you're making "Mel Brooks' The Odyssey", there is no reason for this decision.ย ย Keep in mind, this is an Ancient Greek epic, a story depicting some mythological elements, yes, but also historically important to the pillars of western civilization.ย And, by modern standards and genetic standards, Ancient Greeks would be considered largely "white" today.ย Sub-Saharan Africans, though mentioned as "Aitheopes" in Greek literature, were an exceedingly rare minority and are never mentioned in Homer's Odyssey as prominent characters.ย In fact, only one fleeting character is mentioned as black; a figure namedย *{pointer-events:auto;} .r-12vffkv{pointer-events:none!important;} .r-12ym1je{width:18px;} .r-135wba7{line-height:24px;} .r-13qz1uu{width:100%;} .r-13tjlyg{transition-duration:0.1s;} .r-13wfysu{-webkit-text-decoration-line:none;text-decoration-line:none;} .r-146iojx{max-width:300px;} 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Page) is confirmed as a cast member in the film.ย It is not known which role she will play, but leaked info suggest that she is set to play Achilles, known as the greatest of all the Greek warriors.ย This might be the most ridiculous casting choice of all time, given that Page is a hundred pound skeleton, and also a woman. It is a common woke propaganda trope to race-swap and gender swap figures from western classics and European history.ย From black female viking warriors, to black Roman Emperors, to Black Cleopatra (she was Greek and white) to black royals in the British court and female knights defending the realm; no historical setting is safe from Marxist rewrites that defy the record of events.ย The message being sent is clear:ย We control history now, and the European west has been targeted for erasure.ย Christopher Nolan's decisions come off as incomprehensible, until we look into his inspirational sources.ย The director's source material for his adaptation is the very first "interpretation" by a female scholar, published in 2017.ย Emily Wilson, a far-left activist, essentially rewrote The Odyssey as a feminist exploration on the "evils of masculinity".ย She is noted for describing most women as "slaves", instead of servants or maids, and highlighting the "evils of ancient forms of patriarchy".ย ย ย โWe should be shocked that the English-speaking world hasnโt had a translation by a woman,โ Wilson said during a visit to Harvard. โSlightly more women than men get Ph.Ds. in the classics in the U.S., and yet the vast majority of translations that readers read in English for classics are by men. This is an issue, and we should talk about it.โย ย Her work is a perfect example of why it's best to keep modern women away from interpreting the classics.ย ย The British-born professor, in a lecture titled โTranslating โThe Odysseyโ: Why and Howโ, stated: โItโs very visible to me how misogynistic some of these translations are, and not because they were consciously imposing misogyny, but they had some unconsidered biases...Men are never asked about their gender, and this omission is seriously distorting. Itโs very clear gender has an impact on menโs work.โ Wilson also injected modern vernacular into her interpretation, which is allegedly applied in the Nolan version of the story.ย In the highly insulated and inbred world of academia, this kind of rhetoric is considered a revelation.ย However, to everyone else, it sounds like a blend of pretentious conceit and woke zealotry. It is also a fact that, in order to be considered for an Oscar, a film is now required to have at least one non-white/non-straight lead or significant role. At least 30% minor roles non-white/non-straight people.ย And, at least two Departments headed by non-white/non-straight people.ย But not all of Nolan's choices can be explained away by his bid for an Oscar.ย ย ย In other words, The Odyssey is most likely going to be a theatrical flop.ย Nolan was smart to hide his casting choices until now (the movie trailers also try to hide the casting), but the film's July release gives the public plenty of time to discover the truth before they waste their money.ย It could have been the movie that saved Hollywood, but instead, it is escalating into yet another epic woke bomb.ย Tyler Durden Thu, 05/14/2026 - 16:40
Minnesota 'Culture Of Fraud' Enabled More Than $9 Billion In Misused Taxpayer Funds, Panel Says Authored by Janice Hisle via The Epoch Times (emphasis ours), A โculture of fraudโ infected Minnesota state agencies, resulting in more than $9 billion in taxpayersโ money squandered, a new legislative report says. State Rep. Pam Altendorf listens as fellow Republican Rep. Isaac Schultz discusses a report released at a meeting of a fraud prevention committee in the Capitol in St. Paul, Minn., on May 13, 2026. Livestream from the Minnesota House of Representatives/Screenshot via The Epoch Times โWe finally pulled the curtain backโand the public is grateful,โ state Rep. Kristin Robbins, chair of the Minnesota House Fraud Prevention and State Agency Oversight Committee, said May 13 during a session that summarized 16 months of investigative work. Many fraudsters โcame to believe that fraud was tolerated and paid in a big way,โ according to a report that Robbins released at the meeting. The report summarizes the committeeโs attempts to dissect how state agencies became so mired in fraud. Testimony from dozens of witnesses, including state employees and whistleblowers, demonstrated that Gov. Tim Walzโs administration neglected โbasic due diligenceโ to protect taxpayersโ money, and instead โprioritized getting as much money out the door as possibleโ via government-benefits programs, the report says. The administration also allegedly punished whistleblowers and โignored and consciously downplayed shocking levels of fraudโ in more than a dozen Medicaid-funded programs, such as autism services, medical transportation, and adult day care, according to the document. โAll of these failures have created opportunities for serial fraudsters to steal billions from Minnesota taxpayers across multiple programs for years,โ the report says, estimating $300 million in federal meals fraud and $9 billion in Medicaid fraud. Those numbers exclude โpotential hundreds of millions more in fraud in child careโ and the Supplemental Nutrition Assistance Program, the report notes. The governorโs office did not respond to The Epoch Timesโ request for comment by publication time. Walz has repeatedly defended his track record on tackling fraud, including in a May 6 news release, stating: โWeโve made significant progress to strengthen programs and root out fraud. Today, weโre building on our success by putting an even stronger structure in place; adding leadership, improving oversight, and ensuring these programs are managed with the discipline and accountability Minnesotans expect.โ Robbins said accountability is lacking because no one in state government has been fired for failures, nor even for falsifying recordsโa finding that the Office of Legislative Auditor, a state watchdog, released early this year. The new report from Robbinsโs committee was released May 13, the same day that Vice President JD Vance, who heads a new anti-fraud task force, announced that the federal government was withholding $1.4 billion from home health and hospice operations suspected of fraud across the nation. So far this year, fraud concerns prompted federal officials to withhold $350 million from Minnesotaโs Medicaid program. Five Republicans including Robbins prepared the report. The committeeโs trio of Democrats were invited to prepare their own version, mirroring a practice used in Congress. Two Democratic committee members at the meeting, Reps. Dave Pinto and Emma Greenman, did not say whether they would take that step. Both disputed what they called โpartisanโ characterizations in the report; Pinto and Greenman abstained from voting on the GOP-authored report. All four Republicans who were present voted to accept it. State Rep. Emma Greenman speaks during a meeting of the Fraud Prevention and State Agency Oversight Policy Committee in the Capitol in St. Paul, Minn., on May 13, 2026. Livestream from the Minnesota House of Representatives/Screenshot via The Epoch Times Republican Rep. Isaac Schultz noted that despite allegations of partisanship, he sees signs of cooperation between the two parties. Just two weeks ago, the legislature approved โfour great fraud-prevention bills on a bipartisan basis that were supported by members of this committee,โ Schultz said, adding that one such bill called for โstopping grants going to convicted fraudsters.โ Remedies Proposed The 84-page report contains numerous recommended changes in agency procedures and culture, and highlightsย broken internal processes. For example, a law requires the Department of Human Services to annually review whether Medicaid beneficiaries are indeed eligible. The agency regularly skipped those verifications, and had conducted none since 2020, the report says, possibly costing โtens of millions of dollars.โ Under pressure from the committee and the public, the department conducted a review on March 20. It found โ31,529 ineligible Minnesotans were receiving benefits,โ who were then removed from the rolls, the report says. Agency bureaucrats, who โviewed their role as supportive consultants rather than providing actual oversightโ as they doled out taxpayersโ money, must insteadย use their authority to withhold payments and take other action, the report says. The report also calls for agencies to log whistleblower complaints and hotline reports, then report those, along with actions taken, to lawmakers. Fraud concerns and suspicious billing trends need to be tracked and reported too, the report says. Another major recommended change: โRequire electronic attendance records for child care, adult day care, sober homes, autism centers ... and other billable services ... before payments can be made.โ Committeeโs Value Debated The committeeโthe first of its kind in state historyโbegan working in January 2025, nearly a year before Minnesotaโs massive fraud scandals gained widespread national attention and sparked multiple federal probes. As Robbins opened what could be the committeeโs final meeting, she encouraged state lawmakers to re-establish the committee when the legislature reconvenes next year. โThe work weโve done has hopefully carved a path for the next legislature in the next biennium to continue this important work,โ she said, calling it โhistoric.โ State Rep. Kristin Robbins speaks at the Capitol in St. Paul, Minn., on May 13, 2026. Livestream from the Minnesota House of Representatives/Screenshot via The Epoch Times The Republican lawmaker withdrew her bid for the governorship May 1, saying she would fight for improvements โfrom the outsideโ after her current term as a state representative expires in January 2027. โItโs going to take many years, unfortunately, to undo the damage that has been done to taxpayers and vulnerable residents,โ Robbins said. โBut we must continue to expose the fraud, to strengthen internal controls and to make sure that fraudsters and agency officials are held accountable.โ Democrats Pinto and Greenman said the committee should have proposed legislation that could spark meaningful changes. โFighting fraud is urgent. Solutions were needed now,โ Pinto said. Robbins and other Republicans responded that the committeeโs role was investigative, not legislative, and that the committeeโs findings did inspire proposed laws. Greenman said the document contains โmisleadingโ information, and โno Democratic leader [is] left undisparagedโ in the report. She defended the work of Minnesota Attorney General Keith Ellison in prosecuting fraud cases, and said the report fails to give him due credit. Tyler Durden Thu, 05/14/2026 - 16:20
India Panics, Further Tightens Gold Flows As Rupee Collapses Well, that escalated quickly... With the Rupee accelerating its declines to ever lower record lows against the dollar, Indian authorities have stepped up capital controls, focusing on curbing demand in the gold 'exit' route. 4 days ago, there were no signs of import duty hikes as Prime Minister Narendra Modi ย issued a rare weekend appealย urging citizens to forgo gold purchases as well as unnecessary foreign travel in order to help hold up the currency.. 2 days ago, tariffs were more than doubled on gold and silver imports to 15% and 6% respectively. And today, they are doing even more with India now tightening the advance authorisation route, effectively capping how much gold individual exporters can bring in through that channel.ย A government notification stated that imports of bullion exceeding 100 kilograms would be subject to prior authorization, adding that any subsequent imports would only be granted after exports equivalent to 50% had been carried out. The notification also introduced stricter checks for first-time applicants seeking permission to import gold under the scheme. The government has also linked future import approvals to export performance. India, the worldโs third-largest oil importer, has been hit hard by the inflationary shock caused by energy disruptions in the Persian Gulf.ย Higher import bills have driven sharp foreign-exchange outflows, pushing the rupee down to a record low and prompting the Reserve Bank of India to step in and sell dollars. And the fact that gold is the countryโs largest import item after crude oil does not help, which is why India is doing everything in its power to limit capital outflows.ย As UBS explains, the new curbs don't directly restrict the importing banks, but it does limit how much metal each participant can access, reducing the ability to build larger positions and tightening flows through the system. The broader backdrop is that India is no longer purely a jewellery-led market. Demand has become more investmentโdriven, with a growing share of imports moving into financial holdings, including ETFs. A significant part of last yearโs import surge appears to have gone into investment rather than fabrication, which changes how the market behaves. During the initial phase of the recent Middle East escalation, Indian ETFs were among the first to react, selling roughly ~20 tonnes in the opening week of the move. More immediately, demand has already been soft in recent weeks, as reflected in recent import data. Monthly India Gold Imports below in tonnes, source: UBS Nearโterm uncertainty around fertiliser (urea) supplies also poses a risk to this yearโs crop cycle, with the key monsoon period running into August, which could weigh on rural incomes and, by extension, gold buying. The recent moves underscore policy concerns around curbing import-led dollar outflows from high foreign exchange-draining sectors, Madhavi Arora, economist at Emkay Global Financial Services said. โWe expect gold imports to fall by around 20-25% this year due to these steps.โ New Delhi is weighing several further emergency steps to shore up foreign-exchange reserves and limit the damage from the war in the Middle East. If demand does recover, however, as seen in previous tightening cycles,ย attempts by the government to limit capital outflows via precious metals will only encourageย activity to reโroute via unofficial channelsย (with smuggling picking up when the onshore market is constrained), to preserve purchasing power, and it is only a matter of time before India joins the rest of the financially suppressed developing world in actively pursuing such non-fiat alternatives as tether and bitcoin if the traditional gold and silver pathways are limited.ย Tyler Durden Thu, 05/14/2026 - 15:40
DOJ Sues DC Bar Over Its Prosecution Of Former Trump Lawyer, Calls It "Partisan Arm Of Leftist Causes" Authored by Troy Myers via The Epoch Times (emphasis ours), The Department of Justice (DOJ) filed a complaint on May 13 against the D.C. Bar, alleging it has acted as a โpartisan arm of leftist causes.โ The U.S. Department of Justice in Washington on April 27, 2026. Madalina Kilroy/The Epoch Times According to the DOJ, the agency seeks to advance President Donald Trumpโs directives to end the weaponization of the federal government while nullifying the D.C. Barโs prosecution of former Assistant Attorney General Jeff Clark. D.C. Disciplinary Counsel Hamilton P. Fox III, the D.C. Office of Disciplinary Counsel, the D.C. Court of Appeals, the District of Columbia itself, the D.C. Bar, and others are named as defendants and accused of unlawfully prosecuting Clark based on his internal deliberations of potential fraud in the 2020 presidential election. The Epoch Times reached out to the D.C. Bar for comment and was referred to the D.C. Board on Professional Responsibility, which did not immediately respond to a request for comment. Clark wrote a draft letter for his litigation on potential fraud, which was never issued, and the D.C. Court of Appealsโ disciplinary authorities punished him over it, according to the complaint. The D.C. Bar and othersโ investigation and discipline of Clark were improperly based on โtheir disagreement with Mr. Clarkโs performance of his discretionary Executive Branch duties, particularly with respect to a predecisional and deliberative document about potential election fraud in Georgia, which remains the subject of criminal investigation and civil litigation years later,โ the complaint said. Allowing proceedings against Clark to continue would mean state bar authorities can exert control over the executive branch, the DOJ said, adding, โThat is not the law.โ The DOJ cited the supremacy clause of the U.S. Constitution, or preemption, as a cause for dismissing proceedings and discipline against Clark. Preemption, the DOJ said, prevents states and the District of Columbia from regulating or interfering with federal officials performing their duties. In the complaint, the DOJ also argued that a 2024 Supreme Court decision, Trump v. United States, offers protection for Clark. In that landmark ruling, the justices said the president is entitled to absolute immunity โfor conduct within his exclusive sphere of authorityโ because the president should have the โmaximum ability to deal fearlessly and impartially with the duties of his office.โ The president would enjoy little immunity if federal attorneys could be targeted and disciplined for internal deliberations, the complaint said. In the news release, the DOJ said this filing furthers Trumpโs executive order, โEnding the Weaponization of the Federal Government,โ and his presidential memorandum, โPreventing Abuses of the Legal System and the Federal Courts.โ โThe D.C. Bar will no longer be permitted to probe sensitive Executive Branch deliberations and target Executive Branch officials with whom they happen to politically disagree,โ Associate Attorney General Stanley Woodward said. โFederal attorneys will once again be free to share their candid legal advice with their bosses and colleagues.โ In a similar case to Clarkโs, the DOJ said it filed a statement in support of former interim U.S. Attorney Ed Martin, who is looking to have the D.C. Barโs prosecution of him taken up in a neutral federal court. The DOJ noted in its news release that three former attorneys general have acknowledged that the D.C. Barโs push to discipline federal attorneys โfor making recommendations, factual assertions, and providing legal advice during confidential internal agency deliberations on law enforcement and sensitive public policyโ is โimproper and constitutionally impermissible.โ โPresident Trump promised to put an end to the weaponization of the legal process, and todayโs lawsuit against the D.C. Bar makes good on that promise,โ Woodward said. Tyler Durden Thu, 05/14/2026 - 15:20
Zelenskyy's Former Right-Hand Man Yermak Arrested In $10.5 Million Money Laundering Scheme Ukraineโs High Anti-Corruption Court ordered the pre-trial detention of Andriy Yermak, the powerful former head of President Volodymyr Zelenskyyโs Office and once the countryโs second-most influential figure, on money-laundering charges tied to a high-profile corruption scheme. The ruling marks a dramatic fall for Yermak, who served as Zelenskyyโs closest aide from 2020 until his resignation in late 2025 amid earlier raids. He was taken into custody directly from the courtroom following the decision. Charges and Allegations Ukraineโs National Anti-Corruption Bureau (NABU) and Specialized Anti-Corruption Prosecutorโs Office (SAPO) named Yermak a suspect on May 11 in a scheme involving the laundering of approximately 460 million hryvnias (about $10.5 million or โฌ9-10 million). Prosecutors allege he participated in an organized criminal group that funneled illicit funds - originating from kickbacks at the state nuclear energy company Energoatom-through shell companies and fake contracts into the construction of a luxury residential complex (known as โDynastyโ) in the affluent village of Kozyn, south of Kyiv. The broader โMidasโ investigation into Energoatom reportedly uncovered a pattern where contractors paid 10-15% kickbacks to officials to secure or maintain deals. Funds were allegedly laundered between 2021 and 2025 via elite real estate development. Yermak faces charges under Part 3 of Article 209 of Ukraineโs Criminal Code (legalization of criminally obtained proceeds). A conviction could carry up to 12 years in prison. After multi-day hearings, the High Anti-Corruption Court (HACC) imposed 60 days of pre-trial detention starting May 14, with an alternative of bail set at 140 million hryvnias (roughly $3.2 million). Prosecutors had requested a higher bail of 180 million hryvnias (about $4 million). Yermak was remanded in custody immediately, though he could secure release if the full bail is posted while the case proceeds. His legal team plans to appeal the ruling. Yermakโs Response Yermak has strongly denied all allegations, calling them โgroundlessโ and โbaseless.โ He stated he owns only one apartment and one car, and has no involvement in the luxury development. After the hearing, he told reporters: โI donโt have that kind of money, and my lawyer will now work with friends and acquaintances [to raise the money for bail].โ He added that he respects the court, has โnothing to hide,โ and is proud of his service to Ukraine during the war. He mentioned visiting the front lines weekly and receiving international support, though he said he would not use it to influence the judiciary. His defense argues the case lacks merit and may carry political undertones. Background and Political Impact Yermak rose from a film producer and diplomat to become Zelenskyyโs chief of staff, wielding immense influence over policy, appointments, judiciary, and even early peace negotiations with Russia before the full-scale invasion. Critics accused him of consolidating power and sidelining longtime allies of the president. He resigned in November 2025 after NABU raids on his properties linked to the wider Energoatom probe. Zelenskyy has not been implicated, and anti-corruption officials have stressed the president is not a subject of the investigation. It is no wonder Democrats just love corrupt Ukraine. pic.twitter.com/wqKy6PjzWp โ Marcus Notrealius (@TheLieKeeper) May 14, 2026 The case comes as Ukraine faces intense pressure to combat high-level graft to advance EU membership and sustain Western support amid the ongoing war with Russia. It has sent shockwaves through Kyivโs political elite and fueled public frustration over wartime corruption. This remains a developing story. The investigation is ongoing, with potential for more suspects and revelations as the case moves forward. Tyler Durden Thu, 05/14/2026 - 15:00
Biden FBI Quietly Hid Trump Prosecution Files For Potential Post-2028 Case Authored byย Luis Cornelioย viaย Headline USA, Another trove of newly unearthed Biden-era files suggest that the FBI attempted to retain purported evidence related to its prosecution of President Donald Trump until 2030 โ when he would presumably be out of office. Theย documents, reported Tuesday byย Just the News, add to a growing body of records that have detailed the breadth of the aggressive actions targeting Trump, Republican lawmakers and conservative organizations connected to the 2020 election. According to the report, the retention effort came as part of a broader push to preserve materials gathered by then-Special Counsel Jack Smith following the dismissal of related cases. Such materials are typically handled under DOJ procedures once a case is closed. The documents in question were reportedly created in 2025, as Trump was preparing to return to office in January, and relate to investigations tied to the certification of the 2020 presidential election. The decision to retain the evidence has raised questions about whether federal officials were preserving the option to revisit the case after Trump leaves office, when DOJ rules barring the prosecution of a sitting president would no longer apply. The case itself was closed without prejudice, meaning it could be refiled at a later date. As reported by Just the News: โOne of the key โCase Closingโ documents obtained by Just the News โ originating from the FBIโs Washington Field Officeโs CR-15 team โ was dated a couple of weeks into Trumpโs second term, on February 5, 2025, when many holdover FBI agents and leaders were still in place. The newly-released closing document from early 2025 repeated the extensive claims of criminality against Trump, which had been pursued by Smith and the bureau, and it sought to retain all of the evidence for a half decade until at least February 2030, when Trump would be a former president once more and thus when the DOJ guidance prohibiting the prosecution of a sitting president would no longer be in force.โ According to the outlet, the document โ titled โArctic Frost โ Election Law Matters โ Sensitive Investigative Matterโ โ included supporting materials such as a โDeputy Special Counsel Concurrenceโ and the โRetention of Evidence Approval.โ In response to the findings, FBI Director Kash Patel said he had moved to eliminate the office involved in handling the matter. โThe American people deserve to know how this egregious weaponization of power to target political opponents and President Trump happened inside an institution meant to protect them,โ Patel told Just the News. โWe shut down the weaponized CR-15 squad, and we are going to keep following the facts until there is full accountability. The FBI exists to protect the country, not to preserve political prosecutions for a future administration.โ Tyler Durden Thu, 05/14/2026 - 14:40
With GOP Help, House Dems Force Vote To Give Another $1.3 Billion To Ukraine In a rebellion defying the priorities of Speaker Mike Johnson, House Democrats have teamed up with two Republicans and an independent in a parliamentary maneuver that will force a vote on a bill that would give another $1.3 billion in military aid and other assistance to Ukraine, as that country continues to lose territory in its war with Russia.ย ย "We look forward to seeing the House pass this bill quickly and encourage the Senate to take it up without delay. The โbrave men and women of Ukraine โare waiting," said NY Rep. Gregory Meeks, ranking member of the House Foreign Affairs Committee and the author of the bill.ย ย A view, by Zelenskyโs former press secretary whose interview went out on Tucker Carlson show last night. https://t.co/kkKP5HxnCQ โ Leonid Ragozin (@leonidragozin) May 12, 2026 All 215 House Democrats signed a discharge petition, a means by which representatives can bypass House leadership's agenda-setting role and compel a vote on a bill. Seldom used over House history, discharge petitions are showing their potency in a House ruled by a narrow majority, as is the case today. Most famously, Republican Rep. Thomas Massie and Democratic Rep. Ro Khanna used the maneuver last year to compel a vote on forcing the release of the Epstein investigation files. For this Ukraine bill, the Democrats were joined by two Republicans -- Pennsylvania Rep. Brian Fitzpatrick and Nebraska Rep. Don Bacon -- along with California independent Kevin Kiley, who earlier this year left the GOP.ย Kiley's signature on the petition pushed to the required 218.ย "Recent Ukrainian gains have created an opportunity for peace, but the collapse of the recent ceasefire shows that leverage is needed for diplomacy to succeed," he said in a statement.ย That will force Johnson to bring a vote to the floor on the Ukraine Support Act, which has three major thrusts:ย Reaffirming US support for both Ukraine and NATO, and enacting measures for Ukraine's reconstruction $1.3 billion in aid and -- get this -- up to $8 billion more in direct loans that could prove to be LINOs -- loans in name only More sanctions and export controls on Russia, targeting officials, financial institutions, and the oil and mining sectors The yellow area shows the last part of the Donetsk oblast that Russia has yet to seize control of. The Luhansk oblast is to the northeast, while the next two oblasts moving southwest are Zaporizhzhia and Kherson, with Crimea at the southernmost endย (via Russia Matters)ย Though the House may pass the bill, the push to give more money to Ukraine will face an uphill climb in the Senate. The discharge-petition development comes as Ukraine and Russia moved on from a brief ceasefire and resumed blasting each other, though -- for now -- at a reduced tempo. Russia has continued to make gradual progress in taking control of both the Luhansk and Donetsk "oblasts" which together comprise the Donbas region of Eastern Ukraine. Moscow is insisting that Ukraine's ceding of the last parts of the Donbas is a precondition to resumed peace talks.ย ย Not accounting for another potential $1.3 billion thrown into the Ukraine war -- to say nothing of the money pit that is the US-Israeli war on Iran -- the US government was in February projected to post a fiscal-year 2026 deficit of $1.9 trillion. Not that anyone in Washington cares.ย Tyler Durden Thu, 05/14/2026 - 14:20
Cable Crashes As Burnham Signals Challenge To UK PM Starmer Update (1345ET): Following Wes Streeting's earlier resignation "having lost confidence" in Starmer's leadership, the UK PM is now under further pressure asย Andy Burnham opened a possible path to challenge Keir Starmer for the prime ministerโs job, after a Labour member of Parliament resigned and urged the Greater Manchester mayor to run for his seat. Andy Burnham Bloomberg reports that the MP, Josh Simons, announced plans to step down from his Manchester area seat, freeing up a House of Commons constituency that Burnham would need to mount a bid to become leader of the governing Labour Party. โI am standing aside so that Andy Burnham can return to his home, fight to re-enter Parliament, and if elected, drive the change our country is crying out for,โ Simons wrote. โNothing short of urgent, radical, courageous reform will make a difference.โ With UK bond markets closed, the outlet for positioning after this headline (and the anxiety over "radical reform") was the FX market and cable plunged on the news... Burnham separately said he would seek permission from Labourโs National Executive Committee, a panel dominated by Starmer loyalists that blocked a similar bid earlier this year. โMuch bigger change is needed at a national level if everyday life is to be made more affordable again,โ Burnham said in a statement to Manchester Evening News. โThis is why I now seek peopleโs support to return to Parliament: to bring the change we have brought to Greater Manchester to the whole of the UK and make politics work properly for people.โ There will be several hurdles standing in Burnhamโs way. Starmerโs allies on Labourโs governing body blocked him from contesting a seat in the Manchester area when it became vacant earlier this year, citing the need to avoid a costly election for the mayoral post he would have to vacate. They could do so again. *ย *ย * With UK PM Starmer's leadership under increasing scrutiny, UK Health Secretary, Wes Streeting, has issued a statement via social media that he is resigning his post. Wes Streeting Streeting says that whileย there are good reasons to remain in post, he has lost confidence in Starmerโs leadership: "As you know from our conversation earlier this week, having lost confidence in your leadership, I have concluded that it would be dishonourable and unprincipled to [remain in post]." He went on: "It is now clear that you will not lead the Labour Party into the next general election and that Labour MPs and Labour unions want the debate about what comes next to be a battle of ideas, not of personalities or petty factionalism. Setting out the reasons for his resignation, he pointed to last week's "unprecedented" local elections results, in which the government's "unpopularity" was "a major and common factor" across Britain, the threat of Reform UK as one of the key reasons for his departure from government, and policy "mistakes". "Where we need vision, we have a vacuum. Where we need direction, we have drift. This was underscored by your speech on Monday," he wrote. pic.twitter.com/9qI2Bj35ZK โ Wes Streeting (@wesstreeting) May 14, 2026 Streeting is widely thought to be planning to challenge Starmer for the Labour leadership, but he does not announce the start of a formal bid in his letter. For now there is little to no reaction in GBP or gilts (as several market observers believe any new leadership will deliver more orthodox and less "free shit" fiscal policies) but Polymarket shows the odds of Starmer being gone by the end of May are soaring... Allies of Mr Streeting, who handed in his resignation as the Health Secretary on Thursday, have made little secret that he is ready to become prime minister and has a comprehensive plan to change the country. Here is The Telegraph laying out whatย a Streeting premiership look like? The economy Mr Streeting said last year that he was โreally uncomfortable with the level of taxation in this countryโ, suggesting he would resist further increases. Speaking in December, he admitted the Government was โasking a lotโ of individuals and businesses with historically high taxes. But he also warned Britain had โa level of indebtedness that we need to take very seriouslyโ, indicating that tax cuts would also be unlikely. He has previously defended Labourโs decision to increase employersโ National Insurance, saying the raise had paid for more NHS appointments. Mr Streeting has previously proposed several radical changes to the tax system. In a 2020 interview, he suggested equalising capital gains tax with income tax, replacing inheritance tax with a โlifetime gifts taxโ and increasing corporation tax. He also said all new tax and spending plans should be put through a โprogressive impact testโ to ensure they helped people on low and middle incomes.ย But unlike his Left-wing rivals, he has also long advocated that Labour should stick to strict fiscal rules, balancing day-to-day spending with tax revenues. Defense Mr Streeting caused a stir in Westminster last month when he suggested that savings should be found from the welfare budget to fund defence.ย The Health Secretary acknowledged that Britain needed to put more money into the military and that the cash โhas to come from somewhereโ. While he ruled out taking the money from the NHS budget, he signalled an openness to find it from other areas of spending, such as benefits. Other than on that issue, Mr Streeting has largely backed Sir Keirโs plans to boost defence spending to 3 per cent of GDP by the mid-2030s. Last month, he defended the Governmentโs handling of the military, insisting that Britain was still โthe cornerstone of European defence and securityโ. Defending the repeated delays to the Governmentโs defence investment plan, he said Downing Street was taking the time to โget it rightโ. Brexit Mr Streeting is one of the most high-profile Remainers in the Cabinet and was a passionate campaigner for Britain to remain in the EU. Last year, he strongly suggested Labour should consider taking the UK back into a customs union with Europe, saying it would boost growth.ย But he did insist that the manifesto pledge not to return to freedom of movement with the Continent must stay, ruling out the single market. โThe best way for us to get more growth into our economy is a deeper trading relationship with the EU,โ he told The Observer in December. โThe challenge is any economic partnership we have canโt lead to a return to freedom of movement.โ Mr Streeting has long been an advocate of closer EU ties. In 2018, while a backbencher, he rebelled against then leader Jeremy Corbyn, calling for him to commit Labour to keeping Britain in the single market and a customs union. Immigration Mr Streeting is naturally a liberal on immigration and has repeatedly signalled his discomfort at the Governmentโs clampdown on visas and asylum.ย He criticised Sir Keirโs โisland of strangersโ speech and has previously said Britain relies on migrants to care for an ageing population. Last November, he admitted he was not comfortable with plans laid out by the Home Secretary to deport families who arrived in the UK illegally. In a 2018 speech, Mr Streeting argued that โwe rely on attracting people from overseas, particularly with our ageing population and shrinking working-age populationโ. But as far back as then, the Health Secretary was stressing the point that Britain needed to increase education and training for its domestic workforce. It is a principle he has taken into government, criticising the health serviceโs reliance on foreign doctors and admitting voters had โlost confidence in the immigration systemโ. The NHS One of the most notable things Mr Streeting has done in his two years in post is abolishing NHS England, the worldโs largest quango.ย The decision came as a surprise to Westminster and demonstrated that the Health Secretary was unafraid to make significant structural changes to government. It will also put him and his ministers back in direct control of the NHS, hinting at a hands-on approach and a willingness to take on personal responsibility. Waiting lists have fallen on Mr Streetingโs watch and pledges to further improve the health service would be a core part of his premiership. He has also shown himself willing to go to war with the medical unions, warning that their pay demands for junior doctors would โbreak the countryโ. But although he has repeatedly spoken of the need to reform the NHS, any change to its funding model would be off the table under Mr Streeting. The Health Secretary has attacked Nigel Farage, the Reform UK leader, for suggesting the UK should consider moving to a French-style public insurance model. Streeting is only one of the party figures likely to throw their hats into the ring in the event of a formal leadership contest. Former deputy premier Angela Rayner said Thursday morning that she had been cleared of wrongdoing in a probe into her tax affairs, while there is a large faction on the partyโs left working to secure a parliamentary seat for Manchester Mayor Andy Burnham, who canโt run without one. For Starmer to face a formal leadership challenge, a potential successor would have to be nominated by 20% of Labour Members of Parliament. The party currently has 403 MPs, putting that threshold at 81. The ensuing contest would be decided by preferential votes by Labour Party members and affiliates, with precise voting eligibility set by Labourโs governing body. Tyler Durden Thu, 05/14/2026 - 13:45




