On February 11, Attorney General Pam Bondi testified before the House Judiciary Committee. It was a disgraceful performance. Bondi responded to legitimate constitutional issues raised by the members of the committee with a stream of irrelevant insults. Her childish reactions showed that she is utterly unfit for her position. Of course, the Democrats on the committee were unfriendly, but it was her duty to maintain her composure and respond in a dignified manner. She conspicuously failed to do so.

Sam Altman said some companies are engaging in “AI washing,” invoking the technology as cover for layoffs they would have made anyway.

The core PPI increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%.

Forty-one percent of Americans now say they sympathize more with the Palestinians in the Middle East situation, while 36% sympathize more with the Israelis.

UBS downgraded U.S. equities, saying factors that powered years of outperformance are starting to fade.

“As soon as Congress reconvenes next week, we will compel a vote of the full House of Representatives on the bipartisan Khanna-Massie War Powers Resolution.” 

[Politics Without Politicians: The Case for Citizen Rule by Hélène Landemore (Thesis: An Imprint of Penguin Random House, 2026; 309 pp.)]

John Eastman makes sweeping claims in his recent article on President Trump’s emergency tariffs. The Supreme Court’s conservatives split on the issue—specifically over whether Congress’s delegation of authority in the International Emergency Economic Powers Act (IEEPA) was legitimate.

This first experiment with government-issued bills of credit presents a natural historical test case for Modern Monetary Theory (MMT), particularly its claims about chartalism and the state’s role in originating money. This took place in the Massachusetts Bay Colony in 1690.