President Trump will preside over a medal of honor ceremony Thursday for heroes in the Vietnam and Afghanistan wars. Task & Purpose reported Maj. James Capers Jr., who led his Marine reconnaissance team through a harrowing ambush despite serious wounds, will be awarded the highest military honor. In April 1967, Capers led a nine-man team from 3rd Force Reconnaissance Company to a helicopter landing zone despite suffering bullet and shrapnel wounds and a broken leg. “It was an attempt to save my troops,” Capers told Task & Purpose this week. “It wasn’t heroism. It might have looked that way, but it wasn’t about Jim Capers. It was about the 10 men that I had and the dog’s body that I wanted to get home.” NewsNation's Kellie…
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State of the Union: The central bank left open the door to future rate hikes before the end of year. The post Federal Reserve Maintains Current Rate Levels appeared first on The American Conservative .
The Federal Reserve on Wednesday maintained the current level of interest rates between 3.5 and 3.75 percent amidst “elevated uncertainty” from the “conflict in the Middle East.” The meeting and subsequent press conference marked the first of Kevin Warsh’s tenure as chairman of the Federal Reserve. Warsh resisted issuing “forward guidance”––the direction of future actions by the Federal Reserve’s Open Market Committee (FOMC). “We recognize that inflation has been running well ahead of the Fed’s long-stated inflation goal of 2 percent that’s been going on for more than 5 years,” Warsh reiterated , adding, “This Committee will deliver price stability.” He announced five taskforces made of policymakers,…Open
The War Department plans a review of its posture and footprint in Europe to determine how the U.S. is supporting NATO, how partners are supporting NATO and whether what's happening on the ground reflects what President Donald J. Trump and Secretary of War Pete Hegseth believe the alliance should be.
