Video shows Russian Su-27 fighter jet colliding with propeller of a U.S. MQ-9 reaper drone

DeSantis Just Received His First Formal Endorsement for President

Sarah Arnold / Townhall Tipsheet

Rep. Chip Roy (R-TX) formally endorsed Gov. Ron DeSantis (R-Fla) for president, despite the Governor not yet making a 2024 bid for the White House. 

On Wednesday, Roy sent an email showing his support for the Florida governor, praising him for his courageous leadership over any other contender for the 2024 race, including former President Trump. 

“The next President of the United States must be a vibrant and energetic leader with the faith, vision, and courage to chart a new course. America needs a leader who will truly defend her and empower the people against the destructive force of unrestrained government and corporate excess, profligate spending, and woke cultural indoctrination,” Roy stated in his email.

Biden's banking busts include this single biggest monetary policy mistake in half a century

Biden has been obsessing on woke causes while banks are on the brink

Betsy McCaughey / Fox News

The failure of three banks in the last two weeks, including Silicon Valley Bank on Friday and Signature Bank on Sunday, is a saga of utter government incompetence. Call these bank collapses Biden's Banking Busts. The Biden administration has been obsessing on woke causes while banks teeter toward insolvency.

Three days before Silicon Valley Bank collapsed, Treasury Secretary Janet Yellen cautioned that climate change puts the banking industry at risk. Yellen was in la-la land, speculating that future storms and tornadoes could diminish the value of banks' assets.

Weather is a risk, but she was oblivious to the much more immediate problem facing banks -- the plummeting value of the bonds they own. She was heedless to the impending downfall of SVB and possibly several other small banks that had purchased long-term bonds when interest rates were near zero. Read more and see videos here.