USA News

Dan Osborn, an independent candidate for Nebraska’s Senate seat, will launch his campaign Saturday with progressive Rep. Ro Khanna, who is supporting him against incumbent Sen. Pete Ricketts. Osborn’s campaign focuses on transparency and accountability, particularly regarding the Jeffrey Epstein case and its implications for voters.

Russian President Vladimir Putin congratulated Donald Trump on his recent election victory, praising him as a “courageous man” during a speech in Sochi. Putin noted that Trump was “hounded from all sides” during his previous term in office.

Jerome Powell, the head of the US Federal Reserve, dismissed speculation that former President Donald Trump could remove him from his position when he returns to office in January 2025. Speaking at a press conference after the Fed lowered its key interest rate to 4.5%-4.75%, Powell said he would not step down if asked, adding that the law protects his role from presidential interference.

In very traditional Republican terms, he’s talking about tax breaks and reduced regulation. In terms of some of his specific pledges on the economy, he’s talking about getting rid of income taxation on tips and overtime. These things combined have the potential to be quite domestically inflationary, I would say.

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