Government Corruption News Stories

Excerpts of Key Government Corruption News Stories in Major Media

Below are key excerpts of revealing news articles on government corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.

Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

While Defense Secretary Pete Hegseth obsesses over the supposed "softening" and "weakening" of American troops, the Pentagon is concealing the scale of a real threat to the lives of his military's active-duty members: a suicide crisis killing hundreds of members of the U.S. Air Force. Data The Intercept obtained via the Freedom of Information Act shows that of the 2,278 active-duty Air Force deaths between 2010 and 2023, 926 – about 41 percent – were suicides, overdoses, or preventable deaths from high-risk behavior in a decade when combat deaths were minimal. This is the first published detailed breakdown of Air Force suicide data. In 2022, the National Defense Authorization Act mandated the Defense Department to report suicides by year, career field, and duty status, but neither the department nor the Air Force complied. Congress has done little to enforce thorough reporting. From 2010 to 2023, active-duty maintainers had a suicide rate of 27.4 per 100,000 personnel, nearly twice the 14.2 per 100,000 among U.S. civilians – a 1.93 times higher risk. FOIA records show the most common methods were self-inflicted gunshot wounds to the head and hanging. Other methods included sodium nitrite ingestion, helium inhalation, and carbon monoxide poisoning. [The dataset] shows a troubling pattern of preventable deaths that leaders at the senior officer level or above minimized or ignored, often claiming that releasing detailed suicide information would pose a risk to national security. Current and former service members described a fear of bullying, hazing, and professional retaliation for seeking mental health treatment.

Note: Read about the tragic traumas and suicides connected to military drone operators. A recent Pentagon study concluded that US soldiers are nine times more likely to die by suicide than they are in combat. For more along these lines, read our concise summaries of news articles on mental health and military corruption.

President Trump is rattling his saber against Colombian President Gustavo Petro to punish him for accusing the U.S. government of murdering Venezuelan fishermen. Trump warned that Petro that he "better close up" cocaine production "or the United States will close them up for him, and it won't be done nicely." Is anyone in the Trump White House aware of the long history of U.S. failure in that part of the world? Colombia remains the world's largest cocaine producer despite billions of dollars of U.S. government anti-drug aid to the Colombian government. The Clinton administration made Colombia its top target in its international war on drugs. Clinton drug warriors deluged the Colombian government with U.S. tax dollars to deluge Colombia with toxic spray. The New York Times reported that U.S.-financed planes repeatedly sprayed pesticides onto schoolchildren, making many of them ill. At the same time that the Clinton administration was sacrificing the health of Colombian children in its quixotic anti-drug crusade ... Laurie Hiett, the wife of Colonel James Hiett, the top U.S. military commander in Colombia, exploited U.S. embassy diplomatic pouches to ship 15 pounds of heroin and cocaine to New York. She pocketed tens of thousands of dollars in narcotic profits. After she was caught and convicted, she received far more lenient treatment than most drug offenders – only five years in prison. Her husband – ridiculed as the "Coke Colonel" in the New York Post – received only six months in prison for laundering drug proceeds and concealing his wife's crimes.

Note: Aerial spraying of pesticides is labeled as a public-health and anti-drug intervention designed to eradicate coca crops. The War on Drugs has been called a trillion dollar failure that targets everyday people while protecting the covert activities of the rich and powerful. See our in-depth investigation into the dark truths behind the War on Drugs.

In the late 1950s and early 1960s, numerous men followed sex workers into the apartment at 225 Chestnut Street in San Francisco's Telegraph Hill neighborhood. The johns were the unwitting subjects in a CIA experiment focused on how drugs and sex might be used to obtain secrets from foreign adversaries. Part of MKUltra, the agency's broader and highly controversial mind control research program, Operation Midnight Climax began in 1953. The experiments involved luring men into a heavily surveilled bordello, dosing them with LSD, and filming their reactions to probing questions and subliminal messaging. The goal of Midnight Climax was to understand what roles, if any, sex and drugs could play in getting a target to reveal sensitive or classified information. To run the operation, Gottlieb hired George Hunter White, a federal narcotics agent, who got to work renovating the apartment. Microphones disguised as electrical wall outlets were hooked up to tape recorders, and a large two-way mirror allowed CIA agents to monitor, film, and photograph the encounters. Behind the mirror, a makeshift control room featured a portable toilet and a refrigerator full of adult beverages. Sex workers were given $100 for each man they lured to the bordello, and they would then dose their client with LSD-laced cocktails. Eventually these efforts revealed that a man became increasingly talkative if the sex worker asked him to stay awhile–even after the sexual transaction was complete.

Note: Midnight Climax was supervised by George Hunter White, who wrote this in a letter about the program: "Where else could a red-blooded American boy lie, kill, cheat, steal, rape, and pillage with the sanction and blessing of the All-Highest?" Former CIA officer and Iran-Contra whistleblower Bruce Hemmings put it best: "They do not give a damn about the law or the Constitution or the Congress or the Oversight committees except as something to be subverted and manipulated and lied to. If they can, they will blackmail you. Sex, drugs, deals, whatever it takes." Read our comprehensive investigation connecting Jeffrey Epstein's child sex trafficking network to intelligence agency sexual blackmail operations.

Covert action refers to secret operations to influence governments, organizations, or persons in support of a foreign policy in a manner that is not attributable to the United States. Donald Trump has gone a step further than all other presidents by ignoring plausible denial; he announced the "secret" authorization to allow the CIA to conduct covert action in Venezuela against President Nicolas Maduro. This represents the latest attempt to apply pressure on Venezuela. It follows authorization for the U.S. military to target boats that may or may not be carrying drugs. Thus far, five boats have been destroyed and 29 Venezuelans (and some Colombians) have been killed. U.S. covert action, which began under the Eisenhower administration, has been marked by incredible and often predictable failure. The worst failures were in Iran (1953), Guatemala (1954), the Congo 1959, and Chile (1973), where leftist leaders were overthrown only to be followed by the accession to power of authoritarians and tyrants such as the Shah, Julio Alpirez, Mobutu, and Pinochet. These authoritarians introduced brutal regimes and repressive military forces, many of whom received military training from the CIA. When U.S. ambassadors in Central America protested this activity, they were ordered to stop reporting on such criminal activity. The CIA also trained and supported abusive internal security organizations throughout Central America, particularly in Nicaragua, Honduras, and El Salvador.

Note: Learn more about the rise of the CIA in our comprehensive Military-Intelligence Corruption Information Center. For more, read our concise summaries of news articles on intelligence agency corruption.

Those who have kept track of the rise of the Thielverse, which includes figures such as Peter Thiel, Elon Musk and JD Vance, have understood that an agenda to usher in a unique form of authoritarianism has been slowly introduced into the mainstream political atmosphere. "I think now it's quite clear that this is the PayPal Mafia's moment. These particular figures have had an extremely significant influence on US government policy since January, including the extreme distribution of AI throughout the US government," [investigative journalist Whitney] Webb explains. It's clear that the architects of mass surveillance and the military industrial complex are beginning to coalesce in unprecedented ways within the Trump administration and Webb emphasizes that now is the time to pay attention and push back against these new forces. If they have their way, all commercial technology will be completely folded into the national security state – acting blatantly as the new infrastructure for techno-authoritarian rule. The underlying idea behind this new system is "pre-crime," or the use of mass surveillance to designate people criminals before they've committed any crime. Webb warns that the Trump administration and its benefactors will demonize segments of the population to turn civilians against each other, all in pursuit of building out this elaborate system of control right under our noses.

Note: Read about Peter Thiel's involvement in the military origins of Facebook. For more along these lines, read our concise summaries of news articles on Big Tech and the disappearance of privacy.

"Ice is just around the corner," my friend said, looking up from his phone. A day earlier, I had met with foreign correspondents at the United Nations to explain the AI surveillance architecture that Immigration and Customs Enforcement (Ice) is using across the United States. The law enforcement agency uses targeting technologies which one of my past employers, Palantir Technologies, has both pioneered and proliferated. Technology like Palantir's plays a major role in world events, from wars in Iran, Gaza and Ukraine to the detainment of immigrants and dissident students in the United States. Known as intelligence, surveillance, target acquisition and reconnaissance (Istar) systems, these tools, built by several companies, allow users to track, detain and, in the context of war, kill people at scale with the help of AI. They deliver targets to operators by combining immense amounts of publicly and privately sourced data to detect patterns, and are particularly helpful in projects of mass surveillance, forced migration and urban warfare. Also known as "AI kill chains", they pull us all into a web of invisible tracking mechanisms that we are just beginning to comprehend, yet are starting to experience viscerally in the US as Ice wields these systems near our homes, churches, parks and schools. The dragnets powered by Istar technology trap more than migrants and combatants ... in their wake. They appear to violate first and fourth amendment rights.

Note: Read how Palantir helped the NSA and its allies spy on the entire planet. Learn more about emerging warfare technology in our comprehensive Military-Intelligence Corruption Information Center. For more, read our concise summaries of news articles on AI and Big Tech.

She turned to me the other morning and said, "You heard of The Gateway?" It didn't register in the moment. The intrigue revolves around a classified 1983 CIA report on a technique called the Gateway Experience, which is a training system designed to focus brainwave output to alter consciousness and ultimately escape the restrictions of time and space. The CIA was interested in all sorts of psychic research at the time, including the theory and applications of remote viewing, which is when someone views real events with only the power of their mind. The documents have since been declassified. The CIA report "Analysis and Assessment of The Gateway Process" [was] produced [in 1983]. It provides a scientific framework for understanding and expanding human consciousness, out-of-body experiments, and other altered states of mind. Consciousness is used to achieve desired objectives in the physical, emotional, or intellectual sphere ... [to] block pain, enhance feeling, and even suppress tumors. The author of The Gateway Process report is Lieutenant Colonel Wayne M. McDonnell. Wayne was tasked by the Commander of the U.S. Army Operational Group with figuring out how The Gateway Experience, astral projection and out-of-body experiences work. One curious feature of The Gateway Report is that it seems to be missing page 25. It's a real cliffhanger too. The bottom of page 24 reads "And, the eternal thought or concept of self which results from this self-consciousness serves the," The report picks back up on page 26 and 3 sections later as if Wayne hadn't just revealed the very secret of existence.

Note: A society that can self-regulate, self-heal, and access deeper layers of perception is harder to manipulate and even harder to govern through fear. Read our latest Substack, How Consciousness Research Can Help Heal a Divided World to learn more about the Gateway Project. Explore more positive stories like this on the mysterious nature of reality.

Local cops have gotten tens of millions of dollars' worth of discounted military gear under a secretive federal program that is poised to grow under recent executive action. The 1122 program ... presents a danger to people facing off against militarized cops, according to Women for Weapons Trade Transparency. "All of these things combined serve as a threat to free speech, an intimidation tactic to protest," said Lillian Mauldin, the co-founder of the nonprofit group, which produced the report released this week. The federal government's 1033 program ... has long sent surplus gear like mine-resistant vehicles and bayonets to local police. Since 1994, however, the even more obscure 1122 program has allowed local cops to purchase everything from uniforms to riot shields at federal government rates. The program turns the feds into purchasing agents for local police. Local cops have used the program to pick up 16 Lenco BearCats, fearsome-looking armored police vehicles. Those vehicles represented 4.8 percent of the total spending identified in the ... report. Surveillance gear and software represented another 6.4 percent, and weapons or riot gear represented 5 percent. One agency bought a $428,000 Star Safire thermal imaging system, the kind used in military helicopters. The Texas Department of Public Safety's intelligence and counterterrorism unit purchased a $1.5 million surveillance software license. Another agency bought an $89,000 covert camera system.

Note: Read more about the Pentagon's 1033 program. For more along these lines, read our concise summaries of news articles on police corruption and the erosion of civil liberties.

Some 10,000 American troops are currently supporting the Trump-ordered counternarcotics operations in the Caribbean. At this point the military intervention has killed 27 people, including individuals who are likely not Venezuelan. President Trump's most recent explanation to reporters for this unprecedented Pentagon build-up off Venezuela's coast was surprisingly reminiscent of the failed "war on drugs" which hearkens all the way back to the days of Richard Nixon, when he famously declared it "public enemy number one". There was a time ... where the CIA itself was the biggest narco-trafficker in United States and perhaps the entire Western hemisphere. This was to fund regime change and covert operations in Latin America after a belated Congressional crackdown on taxpayer funding for black ops. In August 1996, the San Jose Mercury News [published a] series of articles linking the CIA's "contra" army to the crack cocaine epidemic in Los Angeles. During the 1980s the CIA helped finance its covert war against Nicaragua's leftist government through sales of cut-rate cocaine to South Central L.A. drug dealer, Ricky Ross. The CIA's drug network, wrote [journalist Gary] Webb, "opened the first pipeline between Colombia's cocaine cartels and the black neighborhoods of Los Angeles, a city now known as the ‘crack' capital of the world." Black gangs used their profits to buy automatic weapons, sometimes from one of the CIA-linked drug dealers.

Note: Though President Richard Nixon launched the War on Drugs by declaring drugs "public enemy No. 1," secretly he admitted in a 1973 Oval Office meeting that marijuana was "not particularly dangerous." The War on Drugs is a trillion dollar failure that has been made worse by every presidential administration since Nixon. Don't miss our in-depth investigation into the dark truths behind the War on Drugs. For more along these lines, read our concise summaries of news articles on intelligence agency corruption and the War on Drugs.

The CIA experienced "as many failures as successes" in exploring the intelligence applications of LSD and other drugs, according to the October 1975 U.S. Senate testimony of the Agency's former top chemist, Sidney Gottlieb, the man most closely associated with the notorious MKULTRA behavior control research projects. The long-secret transcripts of Gottlieb's testimony to the staff of the United States Select Committee to Study Governmental Operations with Respect to Intelligence Activities ("Church Committee") were published today by the National Security Archive, 50 years after the historic intelligence oversight hearings, along with a selection of declassified CIA memos and other records concerning MKULTRA. The Church Committee transcripts are among the highlights of the Digital National Security Archive collection, CIA and the Behavioral Sciences: Mind Control, Drug Experiments and MKULTRA. Gottlieb was a key bureaucratic player who signed off on hundreds of MKULTRA subprojects and who developed clandestine relationships with universities, prisons, hospitals, private laboratories, and private foundations that made it difficult to trace the programs back to the Agency. The Church Committee faced considerable obstacles in reconstructing the story, especially since Gottlieb and CIA director Richard Helms destroyed most of the original project records in 1973.

Note: According to Gottlieb's testimony, the CIA covertly dosed an unwitting individual with a massive amount of LSD to deliberately induce psychosis, causing him to experience violent paranoia and leading an unsuspecting psychiatrist to declare him mentally ill. This was done explicitly to discredit the man in the eyes of his colleagues–a tactic deemed as operationally useful for destroying a person's credibility without ever touching them. Learn more about the MKUltra Program in our comprehensive Military-Intelligence Corruption Information Center.

The United States has long used drone strikes to take out people it alleges are terrorists or insurgents. President Donald Trump has taken this tactic to new extremes, boasting about lethal strikes against alleged drug boats in the Caribbean and declaring the U.S. is in a "non-international armed conflict" with narcotics traffickers. Trump appears to be merging the war on terror with the war on drugs. This comes as he's simultaneously ramping up the use of troops to police inside American cities. The modern drug war began during President Richard Nixon's administration. In 1994, the journalist Dan Baum tracked down Nixon aide John Ehrlichman and interviewed him. He said, "Look. The Nixon campaign in '68 and the Nixon White House had two enemies: Black people and the antiwar left. [V]ilify them night after night on the evening news, and we thought if we can associate heroin with Black people in the public mind and marijuana with the hippies this would be perfect." And [Ehrlichman] said, "Did we know we were lying about the drugs? Of course we did." This line of thinking drove policies designed to "unleash" law enforcement. The Nixon administration tried to relax wiretapping laws, roll back Miranda rights, and erode Fourth Amendment protections against unconstitutional searches and seizures. And now we're seeing the Trump administration push even harder to roll back constitutional protections.

Note: Though President Richard Nixon launched the War on Drugs by declaring drugs "public enemy No. 1," secretly he admitted in a 1973 Oval Office meeting that marijuana was "not particularly dangerous." The War on Drugs is a trillion dollar failure that has been made worse by every presidential administration since Nixon. Don't miss our in-depth investigation into the dark truths behind the War on Drugs. For more along these lines, read our concise summaries of news articles on military corruption and the War on Drugs.

Nearly the entire population of El Guayabo, approximately 400 to 500 dirt-poor lime pickers living on communal land in the west Mexican state of Michoacán, fled hastily in mid-July to escape combat between the Jalisco New Generation Cartel, known as CJNG, and the Caballeros Templarios. Every house were shattered by gunfire, roofs were blown open by bombs dropped from internet-bought drones, and everyone walked nervously, scanning the ground for landmines. Scattered everywhere were thousands of dull bronze shell-casings: .50 caliber rounds for sniper rifles and machine guns, 5.56 rounds for AR-15s and similar rifles, and 7.62×39 shells used for AK-47-style rifles. Putting a stop "to every terrorist thug smuggling poisonous drugs into the United States," as President Donald Trump put it to the United Nations last week, has become his self-proclaimed mission. If the U.S. military does confront the cartels in Mexico, it will find itself facing battle with its own weapons. An investigation by The Intercept traced the bullets that littered the ground in El Guayabo to at least two U.S. firearms manufacturers, one of which operates a massive factory owned by the U.S. military. Experts estimate that around 200,000 military-grade assault weapons and machine guns are trafficked every year from U.S. gunshops to Mexican criminal groups, moving south across the border. Between 2009 and 2011 ... ATF agents in Arizona allowed cartel straw buyers to purchase nearly 2,000 assault weapons.

Note: The US is effectively providing the means for the cartels to wage their dirty war. Read more about how the US arms Mexican drug cartels. Also, don't miss our in-depth investigation into the dark truths behind the War on Drugs including the long history of the US government arming and financing drug cartels for years. For more along these lines, read our concise summaries of news articles on the War on Drugs.

Eswatini, the landlocked nation formerly known as Swaziland, is Africa's last remaining absolute monarchy. In May, officials from the US and Eswatini signed a deal that allows the Trump administration to deport people from all over the world to the African nation. A copy of the arrangement I reviewed shows that the United States has agreed to pay Eswatini $5.1 million to take in up to 160 so-called "third-country nationals"–immigrants who came to the US with no ties to the country to which they are being deported. In July, the first five of such men arrived in Eswatini, where they were sent to a maximum-security prison and detained in the country without any clear legal basis. Last weekend, the Trump administration sent 10 more people to the Eswatini prison. None of the 15 men sent to the nation are from Eswatini. But they are now under the authority of its king. The situation is a "legal black hole," according to Tin Thanh Nguyen, a North Carolina–based attorney who is representing five men from Vietnam and Laos now imprisoned in the African country. As he explained in a statement Monday: "I cannot call [my clients]. I cannot email them. I cannot communicate through local counsel because the Eswatini government blocks all attorney access." A practice that would have been unthinkable under past administrations is becoming normalized: sending ICE detainees, without due process, to far-flung prisons in countries with notorious human rights records.

Note: For more along these lines, read our concise summaries of news articles on immigration enforcement corruption.

Seth Harp's The Fort Bragg Cartel: Drug Trafficking and Murder in the Special Forces [is] an exposĂ© of the criminality and violence carried out by returning Special Forces personnel in American communities. We're in the middle of a political crisis right now in which the military's role is being radically expanded, including into US domestic life, all on the basis of fighting crime and drugs, and drugs being a national security threat. Yet ... damaged soldiers end up carrying out crime and violence at home as well as getting involved in the drug trade. Todd Michael Fulkerson, a Green Beret who was trained at Bragg, was convicted earlier this year of trafficking narcotics with the Sinaloa cartel. Another guy, Jorge Esteban Garcia, who was the top career counselor at Fort Bragg for twenty years – his job was to mentor and coach retiring soldiers on their career prospects – was literally recruiting for a cartel and was convicted of trafficking methamphetamine and supporting a violent extremist organization. And then a group of soldiers in the 44th Medical Brigade at Fort Bragg – all these soldiers are at Fort Bragg – were convicted of trafficking massive amounts of ketamine. You can look at every single region of the world that's a massive drug production center – which there really are not that many of them – and in every case, you can see that US military intervention preceded the country's becoming a narco state, not the other way around.

Note: Don't miss our in-depth investigation into the dark truths behind the War on Drugs. For more along these lines, read our concise summaries of news articles on military corruption and the War on Drugs.

Since 1971, the U.S. has spent more than a trillion dollars on the war on drugs, prioritising law enforcement responses and fuelling mass incarceration within its borders. It has also played a leading role in pushing and funding punitive responses to drugs internationally. This has continued despite clear evidence that such approaches don't work to achieve their stated aims (ending drug use and sales) while having devastating effects on rights and health, including mass criminalisation, disease transmission, repression and displacement. The U.S. government spends more on international "counternarcotics" activities than it does on education, water supply, sanitation, and women's rights in low- and middle-income countries: Almost $13 billion of U.S. taxpayer money has been allocated to "counternarcotics" activities internationally since 2015. This amount is more than the U.S. government spent over that decade on primary education or water supply and sanitation in low- and middle-income countries. Funding meant to end global poverty is going to "counternarcotics" activities. A growing amount of this "counternarcotics cash" has even come from the same U.S. official development assistance budgets that are supposed to help end global poverty. Funding for "narcotics control" and "counternarcotic activities" has resulted in human rights abuses, rising HIV rates, aerial fumigation with toxic chemicals, and militarised responses in various regions.

Note: Don't miss our in-depth investigation into the dark truths behind the War on Drugs. For more along these lines, read our concise summaries of news articles on health and the War on Drugs.

The daughter of a New Jersey police chief claims he repeatedly raped her for more than a decade as part of a "ritualistic" cult allegedly involving their neighbours, according to a shocking lawsuit she filed. Courtney Tamagny's allegations against Leonia Police Chief Scott Tamagny, his neighbour Kevin Slevin and others have starkly divided the small Bergen County borough. The 20-year-old claims her father and Mr Slevin heinously abused her in their home, alongside "ritualistic" worshippers in the woods near their house. "[Courtney was brought] into the woods in Rockland County New York, and there was what appeared to be other middle-aged men present with masks on their faces," the lawsuit claimed. "She recalls there being fire and animals being burned, and they would chant. She was sexually assaulted in those woods by defendant Slevin, defendant father, and some of the other men present," it further claimed. The alleged abuse began in 2009 when Ms Tamagny was around four years old, with the lawsuit claiming it continued until 2020, when she was 15. Both of Ms Tamagny's sisters were also allegedly subjected to abuse, according to the lawsuit, with their father allegedly using drugs to sedate them before assaulting them when their mother was either away or asleep. The mother, Jeanne Tamagny, joined Ms Tamagny as a plaintiff on the lawsuit and is in the process of divorcing her husband.

Note: For more along these lines, read our concise summaries of news articles on police corruption and sexual abuse scandals.

The European Union expects Georgia to change radically to accommodate the EU. The Georgian government expects the EU to change radically to accommodate Georgia. What brought matters to a head between Georgia and the EU was the Russian invasion of Ukraine in 2022. The Georgian government condemned the invasion, sent humanitarian aid to Ukraine and imposed certain sanctions on Russia. However, it tried to block Georgian volunteers going to Ukraine to fight and rejected Western pressure to send military aid and to impose the full range of EU sanctions, leading to fresh accusations of being "pro-Russian." On this, President Kavelashvili pushed back very strongly. He accused the West of trying to provoke a new war with Russia that would be catastrophic for Georgia. Georgia has a government that represents the interests of our people…the same media outlets that accuse us of being under Russian influence tell the same lie about President Trump," [he said]. President Kavelashvili accused the U.S. "deep state" and organizations like USAID, the National Endowment for Democracy, and the European Parliament of mobilizing the Georgian opposition to this end; "but despite all this pressure, we stood and continue to stand as guardians of Georgian national interest and of Georgian economic growth" – the latter comment a veiled reference to the very important economic links between Georgia and Russia.

Note: Our Substack, Working Together To End the War On Peace in Ukraine, challenges the dominant narrative on the Ukraine war, arguing that US and NATO policies, wartime corruption, media censorship, and corporate profiteering have fueled the conflict while blocking genuine peace efforts. Learn more about how war is a tool for hidden agendas in our comprehensive Military-Intelligence Corruption Information Center. For more, read our concise summaries of news articles on war.

The Federal Reserve's independence is currently being challenged by political forces seeking to reshape its mandate. Its independence was formalized only in 1951, with a Treasury-Federal Reserve Accord that was not a law but a policy agreement redefining the relationship of the parties. In the 1930s and 1940s, before the Fed officially became "independent," it worked with the federal government to fund the most productive period in our country's history. [A] little-known Fed policy called Interest on Reserves ... costs taxpayers $186 billion annually by paying banks a hefty interest to hold their reserves at the Fed. By eliminating IOR, the Administration could not only save this $186 billion but would release the $3.3 trillion now sitting idle in reserve accounts to other investments, most likely Treasuries, where banks could get a comparable safe return. The result would be not only to restore Fed profits to the Treasury but to lower federal borrowing costs. The Fed says it needs IOR as a tool to control short-term interest rates. By paying substantial interest on reserves, the Fed ensures that banks don't flood markets with cash by over-lending. But the Fed managed rates through open market operations before 2008 without IOR, showing it is not essential; and it is a very costly tool. In 2021, Fed remittances to the Treasury totaled $79 billion. In 2023, high IOR costs led to Fed losses of $114.3 billion. This not only halted remittances to the Treasury entirely, it created a net deficit to the Fed.

Note: For more along these lines, read our concise summaries of news articles on financial system corruption.

In response to conservative influencer Charlie Kirk's murder, both President Trump and Vice President JD Vance have suggested the White House will target left-wing groups and their donors. Fear of political retribution is not the only reason U.S. think tanks may be reluctant to share financial information. Even before these new threats against left-leaning groups, a Quincy Institute report found that over a third of the major foreign policy think tanks do not disclose any donor information, oftentimes because of their heavy reliance on special interests. The top 50 American think tanks received at least $110 million from foreign governments and $35 million from defense contractors in the past 5 years alone. Despite their positioning as objective and independent institutions, reliance on special interests can lead to self-censorship and perspective filtering. In March, Secretary of State Marco Rubio announced that he would be canceling 83% of USAID's programs. The decision impacted think tanks all around the world. The Trump administration also cut funding for the Wilson Center and U.S. Institute for Peace, two congressionally-established think tanks. Many think tanks will no doubt look to other sources to fill the gaps in U.S. funding, particularly private companies and foreign governments willing to dole out millions of dollars with the intent to influence think tank research. Those sources will likely come with strings attached.

Note: For more along these lines, read our concise summaries of news articles on corruption in government and in the corporate world.

TrineDay Books announces the release of Blue Butterfly: Inside the Diary of an Epstein Survivor, a gripping memoir of Survivor Juliette Bryant that exposes Jeffrey Epstein's previously unreported medical crimes. Juliette's firsthand testimony ... unravels Epstein's deep ties to the shadowy intelligence community that controlled him. It explores how the two-time college dropout amassed a fortune of half a billion dollars while spending his days abusing young girls. Twenty-three years ago, on September 26, 2002, Jeffrey Epstein touched down in Cape Town with a high-profile entourage. That night, 20-year-old Juliette Bryant, a psychology student and aspiring model, was recruited and promised a future with the lingerie retailer Victoria's Secret. Instead, she found herself ensnared in a global network of abuse. Juliette was trafficked across continents and American states, taken to all of Epstein's luxury residences, and introduced to co-conspirators who enabled his operations to flourish in plain sight. The sexual abuse and psychological manipulation Juliette endured were pervasive as she made her final trip to Epstein's remote Zorro Ranch in New Mexico. There, in June 2004, Juliette awoke paralyzed in a laboratory, while a female doctor operated on her–without her knowledge or consent. While other books have documented his trafficking network, Blue Butterfly explores his obsession with elite eugenics, artificial intelligence, transhumanism, cryogenics, and cloning.

Note: Read our comprehensive Substack investigation covering the connection between Epstein's child sex trafficking ring and intelligence agency sexual blackmail operations. For more, read our concise summaries of news articles on Jeffrey Epstein's criminal enterprise.

Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.