Newt's World

The current national debt is $31.381 trillion dollars. On Thursday, January 19th, The U.S. Treasury Department announced the United States has reached its debt limit and they would begin a series of accounting measures to keep the United States from breaching its borrowing cap. Treasury Secretary Janet Yellen sent a letter to Congressional leadership about the debt limit, saying, “I respectfully urge Congress to act promptly to protect the full faith and credit of the United States.” Newt’s guest is Thomas Hoenig. He is the former Vice Chairman of the Federal Deposit Insurance Corporation, former President and CEO of the Federal Reserve Bank of Kansas City. He is currently a Distinguished Senior Fellow at the Mercatus Center at George Mason University.

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General George Catlett Marshall graduated from Virginia Military Institute, and served in the Philippines and in World War I.  He was later an aide to General John Pershing and assistant commandant of the Army’s infantry school where he taught many future commanders.  As chief of staff of the U.S. Army he directed army operations throughout World War II.  After his retirement in 1945, President Harry Truman sent him to China to mediate the civil war there.  As Secretary of State, Marshall proposed the European aid program known as the Marshall Plan and initiated discussions that led to the formation of NATO.  He resigned because of ill health but was called back by Truman to become Secretary of Defense and to prepare the armed forces for the Korean War. In 1953 he was awarded the Nobel Prize for Peace.  Given everything he accomplished in his life, he truly is an Immortal.

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In his new book, “The Real Race Revolutionaries: How Minority Entrepreneurship Can Overcome America's Racial and Economic Divides” Alfredo Ortiz demonstrates how and why minority entrepreneurship offers the best path to racial economic equality. Capitalism and entrepreneurship are the true "anti-racist" forces because they reward merit, not skin color. He explains how only in America can people from any background of any skin color succeed, and uses his own life experience as illustration. Newt’s guest is Alfredo Ortiz, President and CEO of the Job Creators Network.

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Eisai Co., Ltd. and Biogen Inc. announced on January 6th that under the Accelerated Approval Pathway the U.S. Food and Drug Administration (FDA) has approved lecanemab-irmb, which has the brand name in the United States of LEQEMBITM, for the treatment of Alzheimer’s disease.  The approval is based on Phase 2 data that demonstrated that LEQEMBI reduced the accumulation of Aβ plaque in the brain, a defining feature of Alzheimer’s disease.  Newt’s guest is Dr. Marwan Sabbagh, MD.  He is a behavioral neurologist in the Alzheimer’s and Memory Disorders Program and a professor in the Department of Neurology at Barrow Neurological Institute and was one of the leading doctors of the study.

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Newt is joined by members of his inner circle club and takes their questions about the House voting for Speaker Kevin McCarthy, the Contract with America and the national debt. Join the conversation by becoming a member of Newt’s Inner Circle today at http://newtsinnercircle.com

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Newt discusses the 4 days and 15 votes in the House this week and what it means now that Kevin McCarthy has been voted in as Speaker of the House.

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