House Republicans are asking the U.S. Postal Service for details about potentially illegal mail coming from China, according to a June 28 letter. Rep. Mike Gallagher (R-Wis.) and Rep. James Comer (R-Ky.) are looking into Chinese companies that use a loophole to avoid having American inspections of goods intended for U.S. markets. Gallagher, chairman of the…
Lawmakers Probe Loophole Allowing Chinese Companies to Avoid US Inspections
Biden’s Proposed Student Loan Rule Would Cost Taxpayers Billions: Study
June 28, 2023
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A new report (pdf) released by the Foundation for Government Accountability (FGA) on June 27 outlines President Joe Biden’s proposed changes to the income-driven repayment program (IDR) and its potential cost to taxpayers. The study comes as the Supreme Court is expected to rule June 29 on wider issues related to student loan forgiveness. The…
Key Russian Ally Belarus Takes Center Stage Spotlight After Wagner Rebellion
Belarus—which played a critical role in ending last week’s aborted mutiny against the Kremlin by the leader of Russia’s Wagner Group—has returned to the spotlight. A key Russian ally, the country made headlines earlier this year when Moscow unveiled plans to station tactical nuclear weapons on Belarusian soil. On June 27, Belarusian President Alexander Lukashenko…
Republican Challenger Tim Sheehy Aims to Unseat Sen. Jon Tester in Montana Senate Showdown
Tim Sheehy, an entrepreneur, firefighting pilot, and former Navy SEAL, is “answering the call to serve” with his campaign for the United States Senate in Montana in 2024. The Republican announced his candidacy on June 27, calling for a new generation of leadership and pledging to put “America first” in his 2024 bid to unseat…
Alberta Eliminates Driving Test, Probationary Fees for Young Drivers With Clean Record
Young drivers in Alberta aged 18 and over are now able to exit the province’s graduated driver’s licence program without taking a driver’s test or paying fees, and automatically get an upgraded licence. Effective June 25, “drivers no longer have to take a drivers test and pay a $154 fee to exit the graduated driver’s…
Supreme Court Rules for Convicted Cyberstalker in First Amendment Case
The Supreme Court threw out on June 27 by a 7–2 vote a Colorado man’s conviction for making threats online against an entertainer because his intent in trying to communicate with her was never considered. The case raised an important First Amendment issue in an age when so much communication takes place online using text,…
Drug-Impaired Driving Rates Doubled in Canada Since Cannabis Legalized: Federal Report
Drug-impaired driving rates have more than doubled since Parliament legalized cannabis, according to a report from the Department of Justice. Released in June 2022, the report noted that the average rate of drug-impaired driving offences in Canada increased by 105 percent from 2017 to 2020—from nine to 19 offences per 10,000 population. The report noted…
Ottawa Seeking to Attract Tech Talent Through ‘Digital Nomad’ Strategy
The federal government plans to attract more so-called “digital nomads” in the Science, Technology, Engineering, and Mathematics (STEM) fields while opening new pathways to permanent residency for entrepreneurs. Immigration Minister Sean Fraser made the announcement during the Collision tech conference in Toronto on June 27. “We are going to be launching a digital nomad strategy,…
Ryan Seacrest Will Host ‘Wheel of Fortune’ After Pat Sajak Retires Next Year
LOS ANGELES—The category? “Proper Name.” The answer? Ryan Seacrest, who will become the new “Wheel of Fortune” host after Pat Sajak’s retirement next year. Seacrest and Sony Pictures Television announced Tuesday that Seacrest has signed a multiyear deal to host the long-running game show starting with Season 42. Sajak recently announced the upcoming 41st season…
Monetary Restraint and Stock Prices: The Disconnect
Sixty years ago, economist Beryl Sprinkel wrote a book titled, “Money and Stock Prices.” Sprinkel was my boss and mentor at Harris Bank in Chicago, and later he became chairman of then-president Ronald Reagan’s Council of Economic Advisers. His book explained how stock prices respond fairly predictably to changes in the money supply. Sprinkel’s historical…
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