Drudge Retort: The Other Side of the News

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Wednesday, August 05, 2026

Pam Bondi sold as much as $5.5 million in Trump Media securities on April 2, 2025, and hours later Trump announced the tariffs that sank the stock she had just left. read more


By expanding the arena of fighting in the region, experts say, Tehran sent a warning about the dangers of a widening war. read more


A group of Democratic lawmakers have asked the Pentagon's official watchdog to open an investigation after The Washington Post revealed that 15 companies with investment from President Donald Trump's sons have garnered $3.2 billion in federal contracts, investments, and loans " most coming after Trump took office for the second time.


Monday, August 03, 2026

Iraqi Shia network is being used by Iran to drag US and Arab countries into longer and costlier fight.


Saturday, August 01, 2026

The judge sentenced Colin Gray, the father of Apalachee school shooter Colt Gray, to 15 years in prison. read more


Comments

More: Sen. Warren: Thank you, Mr. Chairman. So, the Federal Reserve has long been plagued by a culture of corruption and coziness with Wall Street.

Over the last five years, at least six senior Fed officials have been implicated in serious ethics scandals related to personal stock trading and self-dealing.

But instead of trying to repair this broken culture, I'm concerned that you seem to be embracing it.

At the time of your nomination, you owned more than $100 million worth of shares in private investment vehicles called the Juggernaut Funds and THSDFS LLC. And, you refused to disclose the underlying assets to the Senate and to the public. You say now that you've sold those shares. In other words, someone wrote you a check for more than $100 million days before you entered office. Chair Warsh, who wrote that check?

Chair Warsh: Senator Warren, this is a discussion you and I had in the public square seven weeks ago. And I'm thrilled to tell you that I've fully honored the obligations I had under the Office " the agreement I had with the Office Government Ethics. And there's continued disclosure which I'm happy to make as consistent with the agreement.

Sen. Warren: I asked you a very specific question. Who gave you $100 million right before you were sworn in. Was it a billionaire who has business with the Fed? Was it Stanley Druckenmiller, who has made billions of dollars betting on what the Fed does? Or was it a different billionaire? Who gave you the money?

Chair Warsh: I will fully comply with the Office of Government Ethics.

Sen. Warren: That's not an answer.

Chair Warsh: Well it is an answer actually, Senator.

Sen. Warren: No, it's not.

Chair Warsh: Because there are obligations and I will satisfy them completely.

Sen. Warren: It's $100 million right before you were sworn in, and you won't tell the American people where it came from.

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