The ongoing ETF insanity, which as of the end of August saw Vanguard fund inflows of $1.6 billion every day (or $100 million every single hour) has now boldly crossed over into the political arena, with the upcoming launch of the “MAGA” ETF, which hopes to “make America great again” by investing exclusively in companies […]
Tillerson Confirmed…Heads to State…
The Senate voted to confirm former Exxon CEO Rex Tillerson as President Donald Trump’s Secretary of State Wednesday afternoon, 56 to 43. The confirmation came after long and contentious hearings, with Senators questioning him about Big Oil, ties to Russia, and Iran. Tillerson also compared the Iraq War to the disastrous Libya invasion, saying on […]
Rocky Start to Trump’ State Dept Nominee, While Chao’s Hearing for Sec’y of Transportation Dept Was a Breeze…
Rex Tillerson got a rough reception during his confirmation hearing for secretary of State Wednesday, at times coming under fire from both parties on issues ranging from Russia to climate change. Democrats assailed Tillerson over Exxon Mobil’s lobbying on Russia sanctions during his tenure as CEO of the oil giant. Those questions put Tillerson on […]