Morning Wire Russian Sanctions & Political Age Restrictions | Afternoon Update | 6.12.24
Jun 12, 2024
Delve into the implications of expanding U.S. sanctions against Russian affiliates and the role of Chinese support in the Ukraine conflict. Explore recent legal decisions impacting education policies alongside the Federal Reserve's interest rate strategies amid inflation. The podcast also highlights a tragic police incident in Ohio tied to mental health, and the evolving political landscape in North Dakota related to age restrictions for candidates, sprinkled with competitive insights on hot dog champion Joey Chestnut.
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Expanded Sanctions on Russia
- The U.S. is expanding sanctions against Russia, targeting Chinese companies aiding Russia's war effort.
- These sanctions aim to disrupt Russia's financial flows and access to crucial technology.
Title IX Guidance Blocked
- A Texas judge blocked Biden's Title IX guidance, stating the Education Department overreached its authority.
- The guidance reinterpreted sex discrimination to include gender identity and sexual orientation.
Fed Holds Interest Rates
- The Federal Reserve maintained interest rates after a 3.3% year-over-year increase in the Consumer Price Index.
- Although price increases are slowing, consumers still feel the impact of inflation.