Jerome Powell's decision to publicly attack the Trump administration could give President Trump the opportunity to appoint a leader of the Federal Reserve without Senate approval.
The post Breitbart Business Digest: Who Picks the Next Fed Chairman? appeared first on Breitbart.
Socialist Democrat Mayor Zohran Mamdani called for the immediate release of an illegal alien who was detained by federal immigration officials while he was trying to complete a routine immigration appointment.
Fifty-three-year-old Rafael Andres Rubio Bohorquez is originally from Venezuela but was working as a data analyst at New York City Hall before he was detained.
'This is an assault on our democracy, on our city, and our values. I am calling for his immediate release and will continue to monitor the situation.'
"I am outraged to hear a New York City Council employee was detained in Nassau County by federal immigration officials at a routine immigration appointment," the mayor wrote on social media Tuesday.
"This is an assault on our democracy, on our city, and our values," he added. "I am calling for his immediate release and will continue to monitor the situation."
Bohorquez is being held at a detention center in Manhattan.
In a statement at a media briefing, New York City Council Speaker Julie Menin said Bohorquez had been detained despite "doing everything right."
"DHS confirmed that this employee had gone in for a routine court appointment and was nevertheless detained. They provided no other basis for his detainment," Menin said. "On the contrary, he was a City Council employee who is doing everything right. He went to the court when he was asked."
She went on to say the man was a victim of "egregious government overreach."
Authorities claim that Bohorquez had a previous arrest for assault, according to WABC-TV, and Department of Homeland Security said he did not have work authorization to stay in the U.S.
New York City Council contradicted the claims from DHS.
"Contrary to claims by DHS, the City Council employee provided documentation showing he was authorized to remain and work in the country," they said to Newsweek. "He fully cleared all background checks. Any suggestion to the contrary is false."
RELATED: Mamdani makes bizarre promise about World Cup tix — and gets humiliated by community note
DHS Assistant Secretary Tricia McLaughlin said that he had entered "on a B2 tourist visa in 2017 that required him to depart the U.S. by October 22, 2017" and called him a "criminal illegal alien."
"He had no legal right to be in the United States," she added.
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President Donald Trump says the federal government will halt "any payments" to sanctuary jurisdictions, those localities and states that refuse to cooperate with the Immigration and Customs Enforcement (ICE), beginning next month.
The post Trump: Feds Will Halt ‘Any Payments’ to Sanctuary Cities Starting February 1st appeared first on Breitbart.
When President Trump announced his plan to ban large institutions from buying up American houses, Blaze Media co-founder Glenn Beck was initially thrilled.
“A conversation is happening in our country right now about housing, about corporations being able to buy homes and whether they should be allowed to do that at all. And my first instinct is no, because the pain this is causing — and the pain is real,” Glenn says.
“Young families are locked out. Rent’s rising faster than wages, communities hollowed out, and you have governments all around the world who are pushing for ‘you will own nothing and you’ll like it.’ Meaning, somebody owns everything. You’re just a constant renter. You’re a serf,” he continues.
However, “every libertarian bone” of Glenn’s reacted to the news that Trump is toying with passing a law addressing this with a resounding “no.”
“Banning ownership is not freedom. It’s just not. … Once you decide who can own property, you’ve crossed a line that history tells us is not easily crossed back in the other direction,” Glenn says.
“But here’s a part that we have to be honest with ourselves about, because pretending otherwise is honestly how we lose the country,” he continues. “What is happening in our country right now is not a free market. You can look at it that way, if you squint really, really hard and lie to yourself every day.”
“We’ve built something entirely different from the free market,” he says, pointing out that in a real free market, “risk matters.”
“In a real market, price signals mean something. … If you make a bad bet, you lose. But that’s not what’s happening. At least not at the corporate level. Okay? That’s not happening in housing. Housing has been transformed into a financial instrument,” he continues.
“It’s not about a house for a family. It’s about a financial instrument. And this isn’t by accident; this is policy. It comes from years of zero interest rates, trillions of cheap dollars, government-backed mortgages, pipelines that are all securitized, regulatory advantages that favor the size or the lawyers and the leverage that you don’t have access to,” he explains.
“Our federal government didn’t just invite Wall Street into housing. It pulled it by the collar and said, ‘You are doing these things because it’s good for our re-election, and I’ll protect you if there’s a problem.’ That’s not a free market,” he says.
This is why Glenn believes the answer is not to outright ban corporations from buying housing, but to address the real issues that have created this situation.
“The problem is not corporate ownership,” Glenn continues. “The problem is privileged ownership. The problem is when government quietly rigs the game.”
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Sen. Markwayne Mullin (R-OK) argued that President Donald Trump's decision to capture Venezuelan dictator Nicolás Maduro was the "absolute right move" in an exclusive interview with Breitbart News Saturday.
The post Exclusive–Sen. Markwayne Mullin Calls Maduro Capture the ‘Absolute Right Move’ by Trump appeared first on Breitbart.