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Degens Deteriorating
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The U S Department of Housing and Urban Development released its 2025 financial on the $50 billion in rental assistance distributed by the Biden Admin in 2024

- $5.8 billion dollars was flagged for potential fraud

- 10,000 non-citizens received payments

- 30,000 deceased tenants received payments after death

- Over 165,000 cases where assistance exceeded local income or geographic thresholds

β€œIt's like everywhere we look, there's billions in fraud, billions in fraud there, billions in fraud here. Democrats, demonizing DOGE β€” typically the ones that benefit from the fraud are the ones who don't want the fraud to stop”

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BREAKING:

CLARITY ACT APPROVAL PROBABILITY JUST JUMPED UP TO 90% ON POLYMARKET!

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Howard Lutnick reportedly bought property next door to Epstein’s Manhattan townhouse

All for just $10 via trust β€” DOJ files reveal

Lutnick says ties ended in 2005, but records show contact well after

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Looks like the FOMC minutes sealed the fate of March rate cuts.

No rate cuts this March.

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The grandson of the man who invented the Reese’s Peanut Butter Cup is publicly criticizing The Hershey Company, accusing the candy giant of quietly changing the recipe of certain products sold by the iconic brand.

Brad Reese, grandson of founder H.B. Reese, whose company merged with Hershey in the 1960s, published an open letter Saturday alleging that Hershey has replaced traditional ingredients like milk chocolate and peanut butter with lower-cost substitutes in parts of the Reese’s product line.

"My grandfather built Reese's on a simple, enduring architecture: milk chocolate + peanut butter," Brad Reese wrote.

"I went and bought a bag, and I took a couple bites, and I had to throw the bag in the garbage," Reese said. "I couldn't eat it. It was not edible, and I looked at the packaging … and there was no milk chocolate, there was no peanut butter β€” it was all vegetable oils and fats."

(Fox Business)

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The Fed has Injected another $18.5 Billion Into U.S. Banks via Overnight Repos.

This is the 4th largest liquidity jump since COVID, and even bigger than Dot-Com Peak.

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Today's high $67,030, with the latest ATH at $126,272.

It has been 136 days since the last ATH.

ATHs per year: 2010: 11, 2011: 28, 2013: 35, 2017: 67, 2020: 11, 2021: 23, 2024: 21, 2025: 12. bitcoin $BTC ATH BitcoinChartBot

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Karan Gupta, age 47, a Senior Director at Optum, a subsidiary of United Health Group, was found guilty after a six day trial on multiple counts, including fraud and money laundering conspiracy, for hiring an unqualified friend for a position where the friend did no work and paid half his unearned salary in kickbacks to Gupta, whose fraud totaled more than $1.2 million. DMNnews

Additional Details:

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