The memo from 2020, declassified on Tuesday, reveals the intelligence analyst’s concerns about appearing as part of the “deep state.”
When it comes to AI, conservatives should embrace free market principles over state intervention. The post Copying China to Defend America? appeared first on The American Conservative .
Foreign Affairs Copying China to Defend America? When it comes to AI, conservatives should embrace free market principles over state intervention. For much of recent history, China has sought to shed the more onerous aspects of its old command economy. After the disastrous failures of the Great Leap Forward and Maoism further impoverished an already poor nation, a new crop of leaders like Deng Xiaoping pursued market-oriented reforms intended to bring China the prosperity that capitalism had delivered for Western countries like the United States. Now, nearly five decades on, politicians in the United States—including, remarkably,…Open
The House passed a ban on congressional stock trading with bipartisan support on July 22, but Nancy Pelosi, whose household has racked up tens of millions in trades, voted no. The Stop Insider Trading Act cleared the chamber 232-198, with 13 Democrats breaking ranks to join every Republican in favor. The bill bars sitting members […] The post House passes congressional stock trading ban 232-198 as Pelosi votes to protect her own portfolio appeared first on American Almanac .
The House passed a ban on congressional stock trading with bipartisan support on July 22, but Nancy Pelosi, whose household has racked up tens of millions in trades, voted no. The Stop Insider Trading Act cleared the chamber 232-198, with 13 Democrats breaking ranks to join every Republican in favor. The bill bars sitting members of Congress, their spouses, and dependent children from purchasing individual stocks in publicly traded companies while in office. Pelosi, the former Speaker whose name has become synonymous with congressional trading, was not among the Democrats who crossed the aisle. Her no vote landed weeks after she disclosed up to $6 million in Intel and Uber call options purchased on May 29, bets that don't expire until…Open
‘our own government is allowing U.S. employers to undercut younger generations’
There’s a trend in public commentary to attribute young Americans’ openness to socialist or communist ideas to laziness or educational indoctrination. The point is to dismiss generational economic complaints as entitlement or a poor work ethic. However, such characterizations irresponsibly ignore the truth about what’s happening to our sons and daughters. Data on labor market dynamics , particularly the role of H-1B visa policies in constraining white-collar job access and wages for young Americans, provide a better explanation for the shift. Gen Z and Millennials face a structurally challenging environment. Net job creation in the U.S. has been anemic, to say the least. College degrees, especially in STEM-related fields, continue…Open
Data: FactSet; Chart: Matt Phillips/Axios The momentum trade is having a terrible start to the second half. Why it matters: Momentum shares drove the market gains early in the year, and it will be harder for the rally to continue without their participation. How it works: Momentum is one of the "factors" some mathematically minded investors, known as quants , use to describe and organize the market according to certain well-understood market trends. - Momentum stocks are defined, more or less, as shares that have been going up — and outperforming the broader market — for roughly a year. - The academic research that quantitative investing is based on has found that such trends have a tendency to persist. - In other words, a momentum…
For someone so worried about reds, the president is very fond of state economic intervention. The post Trump’s Communist ‘Threat’ appeared first on The American Conservative .
Politics Trump’s Communist ‘Threat’ For someone so worried about reds, the president is very fond of state economic intervention. (Photo by Demetrius Freeman/The Washington Post via Getty Images) All empires tilt at windmills. Fleas are magnified into elephants. Existential threats are summoned into being. President Donald Trump’s jousting against “communism” before the Faith and Freedom Coalition on June 26, 2026 is exemplary. Trump trumpeted, “We have to stop this, this horrible threat of cancer that’s permeating our country called communism.” “Communism?” It breathed its last gasp 35…Open
OpenAI may give the U.S. government a 5% stake in the company, per the Financial Times . The proposal is in very preliminary conversations, according to a person familiar with the matter. Why it matters: If the overture is taken up by the Trump administration, that would mean the government would have a vested interest in weighing whether or not to limit the release of an OpenAI model. Catch up quick: OpenAI views the potential government stake as a way to give the general public a share of the upside of AI, and CEO Sam Altman has previously shared with Axios his interest in some sort of public wealth fund. - The goal is to include other AI labs giving over a similar stake. - This could look like including shares in Trump accounts or…
Vice President JD Vance headlined an RNC fundraiser on Thursday night in Palo Alto, California, at the residence of influential investor and All-In Podcast host Chamath Palihapitiya , raking in $4.2 million for the Republican Party, a source familiar with the dinner tells Axios. Why it matters: Vance, who worked in venture capital before becoming a U.S. senator from Ohio, has always had strong ties to Silicon Valley and the tech world. The dinner was co-hosted by John Underwood of Goldman Sachs. Attendees included Coinbase co-founder and CEO Brian Armstrong , a popular voice of economic freedom on X, and Intel CEO Lip-Bu Tan . - About two dozen supporters paid $250,000 each. Between the lines: Vance's hat as RNC finance chair is helping…
Vice President JD Vance headlined an RNC fundraiser on Thursday night in Palo Alto, California, at the residence of influential investor and All-In Podcast host Chamath Palihapitiya , raking in $4.2 million for the Republican Party, a source familiar with the dinner tells Axios. Why it matters: Vance, who worked in venture capital before becoming a U.S. senator from Ohio, has always had strong ties to Silicon Valley and the tech world. The dinner was co-hosted by John Underwood of Goldman Sachs. Attendees included Coinbase co-founder and CEO Brian Armstrong , a popular voice of economic freedom on X, and Intel CEO Lip-Bu Tan . - About two dozen supporters paid $250,000 each. Between the lines: Vance's hat as RNC finance chair is helping…
It is the centerpiece of President Trump’s drive to make more chips in the United States, but the company still has a long way to go before it can be called a complete turnaround.