Memo to Biden: Cut Your Ties to Larry Summers

Memo to Biden: Cut Your Ties to Larry Summers

There is growing concern about Biden among progressives because he has made the decidedly ill-advised move of using the infamous Larry Summers as an advisor. Summers is the man who played an outsized role in the creation of Frankenbanks on Wall Street in 1999 with his push to repeal the Glass-Steagall Act and the deregulation of derivatives in 2000 as Treasury Secretary in the Clinton administration.

Founder of SMIC: US ability to constrain China not as strong as expected

Founder of SMIC: US ability to constrain China not as strong as expected

“If the US can’t win on a level playing field, it will take an administrative approach. It did this with Japan in the 1980s and has been constraining 5G again since 2018, but this time it’s no longer against Japan. The US is less able to constrain China, but we can’t take it lightly,” he said.

FBI raids Miami office during probe into billionaire’s alleged money laundering

FBI raids Miami office during probe into billionaire’s alleged money laundering

Kolomoyskyi is also known for accusing former New York Mayor Rudy Giuliani, President Donald Trump’s personal attorney, of orchestrating a conspiracy against Democratic presidential candidate Joe Biden.

Giuliani then accused Kolomoisky of threatening two of his clients, Lev Parnas and Igor Fruman, two South Florida businessmen who were born in the Soviet Union.