The RRP facility is used to take excess liquidity out of the system. Banks have a ton of extra deposits that they would loan out, and if there’s too little demand for loans they’d loan it at less than 5% (for short term loans).

 The Biden administration announced new rules for the oil and gas industry Saturday, requiring it to cut methane emissions by nearly 80% through 2038.

 Sen. Lindsey Graham (R-SC) criticized Secretary of Defense Lloyd Austin’s job performance over the weekend, saying that his actions over the last two months, or a lack thereof, prove to him that Austin is not the right man for the job.

While the Case-Shiller National home price index is rising again, it has been slowing since March 2022. This is happening as “the honey pot” (aka, M2 Money printing) growth is now negative.

If you’re not familiar with a little organization called the “Council For Inclusive Capitalism,” don’t worry, most people have never heard of it.

 Texas Republican Governor Greg Abbott said on Sunday that he plans to sign a new state law that will authorize every police officer in the Lone Star State to arrest immigrants who illegally entered Texas from another country.

 House Oversight Chairman James Comer (R-KY) said on Sunday that he believes Republicans will have enough votes to formalize the corruption-focused impeachment inquiry against President Joe Biden.