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- Trump to sign executive order on psychedelic drug used abroad to treat PTSD
Ibogaine is used in Mexico and the Caribbean to treat depression, anxiety, addiction and brain trauma. [TheTopNews] Read More.2 weeks ago - How Trump Is Sabotaging Himself on the Federal Reserve
President Donald Trump is threatening — again — to fire Federal Reserve Chair Jerome Powell, this time in the event that Powell doesn't step down from the Fed when his term as chair ends on May 15. Let’s play out how that might unfold. Imagine Trump did decide to fire Powell: The early phases might go the same way as Trump’s attempt to fire another Fed board member, Lisa Cook. In that case, the Supreme Court has allowed Cook to stay in her role while justices deliberate whether Trump has grounds to remove her “for cause.” The president claims that she committed mortgage fraud, but that underlying allegation has not been litigated. The ruling in that case could come any day now, but questions from the justices hinted that they would prioritize the Fed’s autonomy. Trump would need an advantageous ruling to make his Powell firing work. While the legal process unfolds, there are other players in this game of chicken, including Sen. Thom Tillis of North Carolina, who has vowed to block Trump’s Fed nominees as long as the Justice Department continues an investigation of the Fed that Tillis views as politicized. An attempt to fire Powell would almost certainly not change his mind. And a growing list of Republicans are also now calling on the DOJ to wrap up its probe. Then there’s Powell himself, who I understand has grown less and less likely to leave the Fed as Trump’s legal threats against him have intensified. Before the Justice Department went after the Fed, Powell probably would have departed when his chairmanship expired. Now, he is said to be far more open to staying on as a governor beyond that. His board term doesn’t end until 2028. So, does threatening to fire Powell — or actually following through with that threat — seem likely to get Trump what he wants? On the contrary, Trump seems to be trying to find a way to turn an easy win on the Fed into a long slog of a loss. His choice to replace Powell, Kevin Warsh, at this point enjoys broad support within the Senate GOP caucus, and he could be on track to be confirmed in time to take office when Powell’s term atop the central bank is over. Instead, Warsh’s nomination is in limbo because of the Justice Department investigation into the Fed’s headquarters renovations, where the government… [TheTopNews] Read More.2 weeks ago - Snap To Cut 1,000 Jobs After Activist Pressure, Bets On AI Efficiency
The social media firm's shares rose 5.8%. The stock has fallen about 31% so far this year. [TheTopNews] Read More.2 weeks ago - A New Kind of Hybrid Car Is About to Hit America’s Streets
Two hours into a road trip in my Tesla, I start to get twitchy. By that point, the battery in my 2019 Model 3 has dipped to an uncomfortably low percentage. If I can’t reach the next plug, I’m in trouble. This is the kind of problem that Ram’s electric pickup truck—the first of a new breed of EV to arrive in the United States—is intended to solve. When the range starts to dwindle, the truck automatically fires up a hidden gas engine that refills the giant battery. The “electric” vehicle keeps on chugging down the highway, hour after hour; pit stops are once again decided by the need for bathroom breaks rather than battery range.The Ram 1500 REV, set to debut later this year, is what’s called an “extended-range electric vehicle,” or EREV. In essence, it is an electric vehicle that burns gas. There’s nothing revolutionary about a half-gas, half-electric car, of course. Hybrids have been a mainstay in the United States since the Toyota Prius broke through two decades ago, and automakers have released more efficient plug-in hybrids—allowing drivers to charge up for about 30 miles of electric driving, just enough to accomplish daily errands without fossil fuels. An extended-range EV is a different kind of beast. The engine burns gasoline for the sole purpose of replenishing the battery—it never actually pushes the wheels. In the Ram, the battery can run for about 150 miles of electric driving, and the whole setup delivers enough range to travel nearly 700 miles between stops.EREVs are the car industry’s new hope for quieting the doubts of American drivers who are wary of going electric. “It takes away the range anxiety,” Jeremy Michalek, the director of the Vehicle Electrification Group at Carnegie Mellon University, told me. “When you want to go on a long trip, you can still put liquid fuel in it and continue to drive for longer distances.” But for all the upside, gas-burning electric cars are not quite the future that we were promised. Just last year, the Ram truck was slated to be fully electric, with no gas engine to be found. Ford recently killed the electric F-150 pickup truck and is now promising to bring it back as—you guessed it—an EREV.[Read: The hybrid-car dilemma]These new hybrids are the latest sign that the electric revolution has not exactly gone according to plan. Sales of EVs, true electric vehicles,… [TheTopNews] Read More.2 weeks ago - 2026 Hall Of Fame Inductees Are Big Rock Stars
GREATGOLD NEWS – The 2026 Rock and Roll Hall of Fame inductees announced by RockHall.com are a well-known collection of deserving veteran rock stars. Final tabulation of voting from members, visitors, musicians, singers, and other music professionals eligible to be in on the selection of the final field have determined the 2026 winners are: Phil… [TheTopNews] Read More.2 weeks ago - ‘This Is Going to Be a Tough Cycle for Us’: Georgia’s Governor Has a Warni...AUGUSTA, Georgia — Hello, friends. Was there any other lede for a dispatch from the Masters? Of course not. The tournament is, as Jim Nantz says, a tradition unlike any other, and I had a sense that Georgia Gov. Brian Kemp was not going to miss his state’s signature spring event in his last year as governor. The point of “On The Road” is to marry politics, food and place and, let me tell you, all three converge at Augusta National. Well, not necessarily on the grounds of the course itself. The Masters is Mardi Gras for the quarter-zip set only with a lot more rules. So, unless I borrowed Nantz’s CBS blazer, they weren’t about to let us film on site. Thankfully, though, the famous clubhouse concessions are largely portable. So I sat down with Kemp Thursday over barbecue, pimento cheese and egg salad sandwiches that all held up well — the barbecue comes in a Chick-fil-A style sandwich bag — and peach ice cream sandwiches that held up well enough. The governor was eager to wrap our conversation and get over to the club for day one. But he was even more eager to make the case for his preferred Senate candidate, Derek Dooley, and said he’d do everything possible to get Dooley into a runoff after the first round of primary voting next month. You Senate watchers will recall that Kemp was perhaps the most prized 2026 recruit-who-got-away for Republicans. Had the popular, outgoing governor run against Sen. Jon Ossoff this year, his party would be in a much stronger position to retain the Senate in November. President Donald Trump has to date stayed away from the intraparty contest, though, leaving a bit of a muddle. Trump may feel gun-shy because of the party’s well-documented, recent unpleasantness in Georgia Senate races. Or, as Kemp put it to me: “We have been down the road where we didn’t have the right candidate and we got our ass kicked in the general election.” For his part, all Kemp has done is win: Outside of Georgia, he’s best known for being one of the few Republicans who confronted a Trump-backed primary opponent and lived to tell about it (Yes, Kemp recited his exact margin from that 2022 whipping he delivered to David Perdue). First elected to the State Senate from an Athens-area district in 2002, a watershed year for Georgia… [TheTopNews] Read More.2 weeks ago
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