Morning Wire Musk’s Promised Legal Action & The SAVE Act | Afternoon Update | 7.11.24
Jul 11, 2024
Elon Musk plans legal action against an advertising boycott of his platform, citing collusion among left-wing groups. Inflation has dropped to three percent, its lowest in nearly three years, raising eyebrows about the Federal Reserve's communication with President Biden amidst political pressures. The House approved a voter eligibility bill requiring proof of citizenship, stirring debate among lawmakers. Meanwhile, the faith-based film *The Sound of Hope* achieves box office success, with insights from its executive producer on the intersection of politics and film.
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Musk's Lawsuit
- Elon Musk plans to sue groups involved in the advertising boycott against X (formerly Twitter).
- This follows a House Judiciary Committee hearing that exposed alleged collusion to suppress conservative outlets.
GARM's Alleged Collusion
- The House Judiciary Committee, led by Republicans, revealed alleged collusion within the Global Alliance for Responsible Media (GARM).
- GARM is accused of pushing advertisers away from conservative media, a claim supported by witness testimony, including that of Ben Shapiro.
Cooling Inflation
- June's inflation cooled to 3%, its lowest in almost three years.
- While the Consumer Price Index dipped 0.1%, core CPI, excluding food and energy, rose by the same amount.