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The White House and Senate reach deal on a stimulus

Early Wednesday morning, the White House and Senate leaders finally reached a deal on a massive stimulus package they are hoping can keep the American economy from falling into a deep recession due to the government-imposed economic shutdown to deal with the growing coronavirus threat. The final version of the Senate bill comes with a … Continued
March 25, 2020

Ivey addresses PARCA event

Friday, Alabama Gov. Kay Ivey addressed the Public Affairs Research Council of Alabama’s annual Albert Brewer annual meeting at the Harbert Center in Birmingham. This year’s focus was on workforce development. “More Alabamians are working than ever before in history,” Ivey told the group. “It proves that what we are doing is, in fact, effective.” … Continued
February 19, 2019

Brooks applauds 304,000 new jobs in January

Rep. Mo Brooks (R-Alabama) praised the U.S. Department of Labor Bureau of Labor Statistics January jobs report on Friday. “On the plus side, the economy produced 304,000 new jobs in January and 2.2 million new jobs over the past year,” Brooks said in a statement. “Both are excellent numbers. Similarly, the monthly labor participation rate … Continued
February 4, 2019

Shelby: President cannot fire the chairman of the Federal Reserve

U.S. Senator Richard Shelby, R-Alabama, said, “The President can not fire the Chairman of the Federal Reserve without cause.” Shelby made the comments during a lengthy interview on the CBS News Program, “Face the Nation.” CBS broadcast journalist Margaret Brennan asked Shelby: “Sir I know you spent a long time on the Banking Committee, and … Continued
December 31, 2018

Dow gained over a thousand points Wednesday

Stocks rebounded Wednesday after getting hammered last week and on Christmas Eve. The Dow Jones Index gained 1086 points to close at 22,878. That is the largest points gained in a day for the index in history and was a 4.98 percent gain in value on the day. The move was broad-based and most indexes … Continued
December 27, 2018

Stocks plummet in December

Christmas Eve saw stocks crater. This followed losses on most major indexes last week. With just a few business days left this year could be the worst December for stocks in history. The Dow Jones Index hit a new 52 week low on Monday of 21,792.20. That is its lowest level since September 2017. The … Continued
December 25, 2018

Brooks lauds November jobs report

U.S. Rep. Mo Brooks, R-Huntsville, made a point to laud the good Bureau of Labor Statistics November jobs report Friday. “The November Jobs Report is very good in the context of two troubling events: the threatened return of socialist, anti-growth policies of Democrats who have captured the House of Representatives and rising interest rates (caused … Continued
December 10, 2018

Shelby praises SEC appointment of William Duhnke to be PCAOB chairman

By Brandon Moseley Alabama Political Reporter Tuesday, U.S. Sen. Richard Shelby, R-Ala., made a statement supporting the Securities and Exchange Commission’s appointment of William D. Duhnke III to be chairman of the Public Company Accounting Oversight Board. “Chairman Clayton has made an excellent choice in selecting Bill Duhnke to be the next chairman of the … Continued
December 13, 2017

Republican candidates forum in Trussville

By Brandon Moseley Alabama Political Reporter The last Republican candidate forum before the August 15th Special Primary was held on Sunday afternoon at the new Sheepdog Firearms facility on Deerfoot Parkway in Trussville. Bryan Peeples, Dr. Randy Brinson, Congressman Mo Brooks, and Luther Strange participated.  The other candidates had previously scheduled commitments. Sen. Luther Strange … Continued
August 8, 2017

Palmer Supports Bill Increasing Accountability for the Federal Reserve

By Brandon Moseley Alabama Political Reporter Thursday, November 19, Congressman Gary Palmer (R-Hoover), supported HR3189, The Fed Oversight Reform and Modernization (FORM) Act.  This bill increases transparency at the Federal Reserve, requiring the organization to explain its decisions, while protecting it from excessive politicization.  It would also place tighter controls on the Federal Reserve’s ability … Continued
November 23, 2015