Democrats blast FCC Chair Carr’s broadcast license threats as anti-First Amendment, ‘totalitarian’

Federal Communications Commission Chair Brendan Carr has drawn fierce backlash from Democratic lawmakers and free speech advocates for threatening to revoke broadcasters’ licenses over their coverage of the war in Iran. Carr on Saturday blasted broadcasters shortly after President Donald Trump called reports that Iran struck five U.S. tanker planes “fake news.”  In a post on X, Carr…

Read More

How nations are coping with the Iran oil shock

A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images Countries around the world have scrambled to cope with the fallout of the energy shock from the Iran war, imposing measures from fuel export bans, loosening…

Read More

Price pressure in the pipeline

The ECB has announced it will be hiking rates in July and September to counter record inflation. Daniel Roland | Afp | Getty Images U.S. political strategist James Carville famously said he would like to be reincarnated as the bond market because “you can intimidate everyone.” So when bond yields start signaling a problem, the…

Read More

Senate Republican rebukes Carr's threats to revoke broadcast licenses over Iran coverage

Senator Ron Johnson (R-Wis.) on Sunday condemned Federal Communications Commission (FCC) Chairman Brendan Carr’s threat to revoke broadcasters’ licenses over TV networks’ news coverage. “I’m a big supporter of the First Amendment,” Johnson said on Fox News’ “The Sunday Briefing.” “I don’t like heavy-handed government, no matter who’s using it. … I want… Source link

Read More