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All Eyes On Fed Chair Kevin Warsh, Recalled Avenal City Council & Covid Vaccine Heart Conditions
Description
On Wednesday, Kevin Warsh oversees his first Fed policy meeting as chair and will hold a news conference afterward. Economists say Warsh will likely aim for a neutral approach, largely because he is taking over the Fed at a challenging time.
Four out of five Avenal city council members got voted out of office in a recall election April 28. The city was subsequently served a cease-and-desist by Kings County, which stated that only one city councilmember is authorized to spend funds. Afterwards, the recalled members held a closed session during a meeting on June 11 and voted to keep themselves in office.
The CEO’s argument is: Big Tech already gutted local newspapers by dominating ads and audiences—and unless policy changes, local TV news could be the next casualty.
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Philip Teresi on KMJ
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