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The Latest Breaking News from Nixon

Peter Schiff Slams Nixon's 1971 Gold Standard Exit As US Debt Soars $9 Trillion While Bullion Jumps 85%, Both 'Poised To Spiral Higher'

Bitcoin (CRYPTO: BTC) critic and economist Peter Schiff issued warnings on Friday about America’s mounting debt crisis, linking current fiscal challenges to the 1971 decision that ended the gold standard. The warning comes as national debt has surged $9 trillion in four years to reach $37.09 trillion.

Benzinga

Elizabeth Warren fears Trump's next Fed pick won't have the 'brains and guts' to stand up to him

Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.

Fortune

For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it

A noncredible chair would face resistance from inside the Fed, former Fed Vice Chair Richard Clarida says.

Fortune

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Defending the Court of International Trade Ruling Against Trump's Tariffs—A Reply to Estreicher and Babbitt [Updated]

Estreicher and Babbitt are right to conclude that Trump's tariffs violate the nondelegation doctrine, but wrong to reject other arguments against them.

Reason

If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank

Deutsche Bank's explosive scenario in a note titled, “What if ?”

Fortune

The Court Might Favor Standing For Business Interests, But Blue States Beat Red States

Justices Jackson and Kavanaugh both miss the obvious distinction.

Reason

New Deal Justices and MAGA Justices

FDR appointed Hugo Black because he was a "thumping, evangelical New Dealer." Why can't Trump want a "thumping, evangelical MAGA warrior"?

Reason

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Archives: Manny Klausner's Greatest Hits

Excerpts from Reason's vaults

Reason

Presidential pooches: Famous US presidents’ dogs

From George Washington to Joe Biden, discover the most famous US presidents' dogs throughout history

PetsRadar

‘This is an administration priding itself on revenge’: Ex-IRS head sounds alarm over Trump’s weaponization of agency

‘We start moving back toward the Nixon’s enemies list,’ former IRS commissioner John Koskinen warned

The Independent UK

The Major Separation of Powers Problems with J.E.B. v. Trump

Judge Boasberg is about to unleash a truly independent counsel on the Trump Administration, and the President himself, subject to none of the strictures that Alexia Morrison faced.

Reason

22 “Crazy” People Who Were Proven To Be Right All Along

People say a lot of stupid stuff. And we judge them for it. But every now and then, over time, enough evidence emerges to prove us all wrong and redeem even the wildest statements.

Bored Panda

Trump’s tariff battle with China has ‘echoes of the Vietnam war’, US economist says

Adam Posen, former Bank of England policymaker, compared the tactics to Johnson and Nixon refusing to back down

The Guardian - UK

Did John and Yoko split because of Richard Nixon? The making of revelatory music film One to One

The director of One to One: John & Yoko reveals how he was given access to a trove of intimate and family archive material that changes how we see the star couple

The Guardian - UK

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Roll Call

Congress pushed back after Watergate, but what about now? - Roll Call

Partisanship has left Congress ill-equipped to respond to President Donald Trump moves to unravel restrictions on presidents, experts say.

The Independent UK

Bill Murray had a showdown with Bob Woodward shortly after trashing him on Joe Rogan’s show

The book in question, Wired: The Short Life & Fast Times of John Belushi, was released back in 1984, and was roundly criticized upon its release by among others, Dan Aykroyd, John Landis and Belushi’s widow, Judith Pisano

Fortune

The legacy media is dead. Long live the legacy media

Our shared reality has always come from a mix of media, and once a medium has been instantiated, it never really goes away.

The Guardian - US

Trump called the press ‘the enemy of the people’. Now it’s time to defend ourselves

The one-time defiance and solidarity of publications across the political aisle is strained as outlets cave to Trump’s threats

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The Guardian - UK

Which test includes the memorising of 320 London routes? The Saturday quiz

From Cold War Steve and Benny’s Babbies to President Nixon and a federal agent at large, test your knowledge with the Saturday quiz

The Guardian - US

US asylum seekers in despair after Trump cancels CBP One app: ‘Start from zero again’

After 30,000 appointments to apply for asylum were cancelled, the fragile calm at the US-Mexico border is at risk

The Conversation

White House Office of Science and Technology Policy provides in-house science advice for the president

Presidents need science advice. From climate change and pandemics to the governance of AI and the country’s nuclear arsenal, science sits at the center of a range of foreign and domestic policy challenges that reach the president’s desk.

The Guardian - UK

The Guardian view on Russia and China: an old friendship poses new threats

Editorial: Over the holidays, this column is looking ahead at the urgent issues of 2025. Today, the expansion of the partnership between Beijing and Moscow

Al Jazeera

Fact check: Are weekly wages in the US ‘lower than 50 years ago’?

No. Senator Sanders’s data relies on a blip in 1973. Economists show wages are actually higher now than 50 years ago.

PC Gamer

As US politics goes totally off the rails, Kamala Harris says to hell with it, let's start a Fortnite map

2024 keeps giving.

USA Today Sports Media Group

Packers rookie LB Ty’Ron Hopper showing up on special teams

Green Bay Packers special teams coordinator Rich Bisaccia said rookie linebacker Ty'Ron Hopper was the team's special teams player of the week for Week 6.

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