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Americans needn’t worry about the safety of their money at the bank, financial and investment expert David Bahnsen says.
Three large American banks have collapsed since the beginning of the year, but “there’s almost nothing in common at all with these three banks closing, relative to all the 2008 closings,” says Bahnsen, founder and chief investment officer of the wealth management company The Bahnsen Group.
When banks fail, as they did in 2008, it’s usually because of “people not paying back something they owe,” Bahnsen says, adding that’s not the case with the recent bank failures.
Bahnsen, whose company manages more than $4 billion in client assets, says Silicon Valley Bank, Signature Bank, and First Republic Bank were “totally ill-prepared for the idea of interest rates flying higher, as they have.”
Bahnsen joins “The Daily Signal Podcast” to explain the effect the Federal Reserve’s interest-rate hikes have had on America’s banks and what it means for the financial health of the country.
Bahnsen also explains why he, as a JPMorgan Chase shareholder, has proposed a resolution calling on the bank to investigate whether it is discriminating against clients because of their religious or political views.
Relevant Links
Colorado Wants to Force Her To Create LGBTQ Wedding Websites: https://www.youtube.com/watch?v=nfk1q-EXNDE
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On today’s Daily Signal Top News, we break down:
Relevant Links
Colorado Wants to Force Her To Create LGBTQ Wedding Websites: https://www.youtube.com/watch?v=nfk1q-EXNDE
Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/
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The Daily Signal's Tyler O'Neil sat down with Congressmen Tom McClintock and John Rutherford to talk about H.R. 2, the border security bill the House passed Thursday. McClintock, who helped write the bill, said Democrats intentionally engineered the border crisis. Rutherford shared a horrifying story about a man in his district who got murdered by an illegal alien.
Colorado Wants to Force Her To Create LGBTQ Wedding Websites: https://www.youtube.com/watch?v=nfk1q-EXNDE
Hosted on Acast. See acast.com/privacy for more information.
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On today’s Daily Signal Top News, we break down:
Relevant Links
Colorado Wants to Force Her To Create LGBTQ Wedding Websites: https://www.youtube.com/watch?v=nfk1q-EXNDE
Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/
Get daily conservative news you can trust from our Morning Bell newsletter: DailySignal.com/morningbellsubscription
Listen to more Heritage podcasts: https://www.heritage.org/podcasts
Sign up for The Agenda newsletter — the lowdown on top issues conservatives need to know about each week: https://www.heritage.org/agenda
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An estimated 13,000 illegal aliens are expected to cross America’s southern border every day beginning Thursday. That’s more than double the daily average in March.
This expected spike in the number of migrants crossing the border illegally is the direct result of the end of Title 42, a public health measure set in place under the Trump administration during the COVID-19 pandemic.
Title 42 has allowed Border Patrol to quickly expel some illegal aliens from the country. Without the measure, Border Patrol has little power under the policies of the Biden administration to turn illegal aliens away.
With illegal alien encounters expected to rise with the end of Title 42, the Biden administration has announced a new asylum rule effective once Title 42 expires.
The new rule requires illegal aliens to first seek asylum in another country they travel through and be denied before they seek asylum in the U.S.
“If individuals do not access their lawful pathways, the pathways that we have made available to them, they will face a rebuttable presumption, but a presumption of ineligibility,” DHS Secretary
Alejandro Mayorkas said of the new rule during a press conference Wednesday.
Mayorkas’ reference to “lawful pathways” includes use of the CBP One mobile app, which allows illegal aliens to schedule an appointment at a port of entry to seek asylum.
But Biden’s new rule is already drawing criticism.
“The asylum rule simply directs everyone towards using the made-up, illegal mass parole programs that the Biden Administration erroneously labels 'lawful pathways' by using the CBP One mobile app to get a parole appointment at an interior airport,” Simon Hankinson, a senior research fellow in The Heritage Foundation’s Border Security and Immigration Center, told The Daily Signal. (The
Daily Signal is the news outlet of The Daily Signal.)
“In the long run,” Hankinson continued, “this won’t discourage anyone. Those who can use the parole app process will, those who can’t will just come anyway and cross illegally. The best we can hope for is that the new asylum rule reduces flows about as much as Title 42 did, and things remain status quo – a poorly managed disaster.”
Lora Ries, director of the Border Security and Immigration Center at The Heritage Foundation, joins “The Daily Signal Podcast” to explain what the end of Title 42 means for the security of
America’s border, and why Biden’s new asylum rule won’t solve the current crisis.
Enjoy the show!
And watch the new Daily Signal documentary here: https://youtu.be/nfk1q-EXNDE
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On today’s Daily Signal Top News, we break down:
Relevant Links
Colorado Wants to Force Her To Create LGBTQ Wedding Websites: https://www.youtube.com/watch?v=nfk1q-EXNDE
Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/
Get daily conservative news you can trust from our Morning Bell newsletter: DailySignal.com/morningbellsubscription
Listen to more Heritage podcasts: https://www.heritage.org/podcasts
Sign up for The Agenda newsletter — the lowdown on top issues conservatives need to know about each week: https://www.heritage.org/agenda
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The clock is ticking on America’s debt, and Republicans lawmakers are calling on President Joe Biden to agree to their plan to raise the debt ceiling and rein in government spending.
Under the leadership of Speaker Kevin McCarthy, R-Calif., House Republicans issued a plan to raise the debt ceiling by $1.5 trillion, or until the end of March 2024, whichever comes first, provided that Congress and the president agree to significant cuts in government spending.
Biden, however, has continued to argue that Congress should raise the debt ceiling without conditions.
“If we default on our debt, it will be 100% Joe Biden’s responsibility,” Sen. Rick Scott, R-Fla., says, adding that it is the president’s job to “figure out how to raise the debt ceiling.”
Biden’s other option, Scott says, is to “figure out how to not have to raise the debt ceiling by living within our means.”
The U.S. already has hit the debt limit of $31.4 trillion, but the Treasury Department is using “extraordinary measures” to prevent defaulting on loans to the government. The Treasury Department says lawmakers have to act to raise the debt ceiling by the beginning of June to prevent risk of default.
Scott joins “The Daily Signal Podcast” to explain why Republicans and Democrats are so divided in the debt ceiling debate and what will happen if Congress can’t reach an agreement with the president.
Also on today’s show, Scott talks about his recent trip to the southern border and what’s going to happen when Title 42 expires as scheduled Thursday.
Enjoy the show!
Please use this link to watch the 303 Creative documentary:
https://youtu.be/nfk1q-EXNDE
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On today’s Daily Signal Top News, we break down:
Relevant Links
Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/
Get daily conservative news you can trust from our Morning Bell newsletter: DailySignal.com/morningbellsubscription
Listen to more Heritage podcasts: https://www.heritage.org/podcasts
Sign up for The Agenda newsletter — the lowdown on top issues conservatives need to know about each week: https://www.heritage.org/agenda
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Marking 50 years as a journalist and commentator, popular syndicated columnist Cal Thomas says America’s future is closely tied to the education of our children.
“My hope, again, goes back to educating our children and grandchildren in ways that our parents and grandparents educated us,” Thomas says. "And if you don't rescue the next generation, you're not going to have much of a country anymore.”
Born in the District of Columbia, Thomas began his career at age 16 working as a disc jockey at a radio station in suburban Maryland. He later landed a job as a copy boy at NBC News' Washington bureau and became a reporter. He began to write a column in 1984.
Today, Thomas is one of America’s best-known and most popular syndicated columnists, despite being a conservative. A longtime fixture on Fox News Channel, he is the author of 14 books, including “A Watchman in the Night: What I’ve Seen Over 50 Years Reporting on America,” which is just out.
Thomas joins “The Daily Signal Podcast” to discuss the changes he has witnessed in America over 50 years and what he foresees the future may hold for the nation.
Enjoy the show!
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