Thursday Afternoon Update: Biden Family Crime Biz? Yellen Goes Before Senate, Former Hogan Chief Of Staff Wanted

This article was adapted from the Morning Wire Afternoon update. To listen to the podcast version, click here.

Yellen Testifies

Today, Janet Yellen, Secretary of the Treasury, testified before Congress about the current state of the banking industry. She tried to assure lawmakers and the public that there is no reason for concern.

“I can reassure the members of the committee that our banking system remains sound, and that Americans can feel confident that their deposits will be there when they need them,” She spoke.

Yellen also said that inflation is America’s most important economic issue. “I consider high inflation the number one economic problem that all of us need to face and address … I was very supportive of the American Rescue Plan.”

TikTok News

The Biden administration TikTok’s parent company ByteDance must sell the video application, or risk a ban in the United States.

LBoth parties have expressed concern over reports that the Chinese Communist Party has gained access to user data via TikTok, a popular social media app for young Americans.

According to reports, the Biden administration issued an ultimatum TikTok’s parent company ByteDance. They wanted to sell TikTok to a company that is not connected to China or risk a nationwide ban. ByteDance had pledged to spend $1.5billion on security measures to protect American data from Chinese authorities in August 2013.

However, the pledge didn’t seem to be enough for U.S. officials. President Joe Biden and many state governors have removed the app from their government devices. Last month, officials from the European Union made a similar move.

DOD releases drone crash footage

The Department of Defense released video footage Thursday morning of the incident in which two Russian fighter jets harassed a U.S. military drone over international waters — leading to a collision and the complete loss of the U.S. drone. In a statement, the U.S. European Command stated that two Russian aircraft were involved in an aerial battle. “an unsafe and unprofessional intercept” On March 14. OBlaine Holt, a former U.S. Military deputy representative, to NATO and a retired Brigadier general, stated that the video seemed more like an accident caused by an unskilled pilot.

“What I just saw in that video was a pretty crappy Russian fighter pilot looking to get a close look at that drone and he clipped it. He just absolutely stinks at his job,” He said. “There’s no mastermind here. This is just a guy who needs to go back to pilot training and bring back a messed-up jet.”

“This is just a guy who needs to go back to pilot training and brought back a messed-up jet.”

Brigadier Gen. Blaine Holt (Ret.) Reacts to the video of a Russian fighter jet colliding against a U.S. drone. @RobFinnertyUSA @AlisonMaloni

MORE: https://t.co/tbVQsfct2e pic.twitter.com/aOtJG1vZGk

— NEWSMAX (@NEWSMAX) March 16, 2023

However, intelligence sources told NBC that the Kremlin had approved the actions of the fighter jets.

Biden Crime Family?

A new report from the House Oversight Committee claims that another Biden family member — this time Hallie Biden, the widow of Beau — profited off the president’s political connections by taking payouts from people associated with the Chinese Communist Party. James Comer, chairman of the House Oversight Committee in Kentucky, claimed that Thursday’s allegations were false. “Over the course of several years, members of the Biden family and their companies received over $1.3 million in payments from accounts related to their associate, Rob Walker. Most of this money came as a result of a wire from a Chinese energy company and went not only to Hunter and James Biden, but also to Hallie Biden and an unknown ‘Biden.'”

Here he is discussing the matter on Fox News:

🚨@GOPoversight will continue to use Biden Family bank records and suspicious activity reports to track the money trail and determine the extent of the Biden families business schemes.

I will be transparent with the American people and share my findings. @FoxNews pic.twitter.com/BDKCo7ALIU

— Rep. James Comer (@RepJamesComer) March 16, 2023

FBI Raids Home Of  Ex-Maryland Governor Larry Hogan’s Former Chief  Of Staff

The FBI raided the Florida residence of Former chief of staff to exLarry Hogan, Maryland GovernorOn Wednesday, a Republican named. Roy McGrath was scheduled to appear in court on Monday for a criminal trial, but never showed up — prompting officials to launch a manhunt. McGrath has pleaded guilty. Eight-count federal indictment for wire fraud and fraud and embezzlement related to hundreds of thousand of dollars.

McGrath’s lawyer claims that he doesn’t know where his client is. He also notes that McGrath has decided to not appear in court Monday. “out of the ordinary” behavior.

To listen to the audio version of this podcast, click here. Listen to Morning Wire every morning for the latest episode, which includes more detail about the top stories of each day.

“From Thursday Afternoon News: Biden Family Crime Biz Yellen Appears Before Senate. Former Chief of Staff to Hogan Wanted“

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