Most divided since 1992 - but the dissenters weren't on the same side. A Fed divided between hawks and doves, a new chair with limited coalition support for cuts, sticky energy-driven inflation, and a geopolitical wildcard. Markets are currently pricing in no changes for the rest of 2026 and well into 2027. The 8-4 split today makes that more credible

The founder of r/BitcoinKnots has denounced the project and come back to Bitcoin. Hopefully many others follow. Bitcoin needs dissenters and debate to stay strong in the long run.

🇯🇵BOJ hikes 25bp; flags AI, Mideast and FX as upside inflation risks Bank of Japan raised policy rates by 25bp; vote 7-2 with two dissenters. BOJ said it will continue to raise rates as warranted by economic, price and financial conditions, with no preset timing or pace. Officials will monitor Middle East tensions, AI-driven demand and exchange-rate moves for their effects on growth and inflation. Outlook: economy seen as in a moderate recovery but not decisively strong. Inflation: expectations have edged up; wholesale inflation remains elevated from oil, FX and AI demand, raising the risk that underlying inflation could exceed the 2% target. Press briefing reiterated readiness to tighten further and that no specific measures or timetable are ruled out; committee differences are normal and current divergence of views is not a problem. (

🔥🚨 BREAKING — The Supreme Court just BLOCKED the Trump administration from enforcing the new Postal Service screening on mail ballots for the 2026 midterms. Justices Alito and Thomas were the only dissenters. The order leaves states running elections on the old mail system after the White House asked the justices to let USPS check ballot envelopes and require states to hand over lists of voters approved to receive them. Kavanaugh still wrote that the Postal Service may have the power later. Congress MUST PASS THE SAVE AMERICA ACT!

JUST IN: THE FED LEAVES RATES UNCHANGED AT 3.50%-3.75% 🇺🇸 The vote was 9-3, and all three dissenters wanted a hike. Cleveland's Hammack, Minneapolis's Kashkari, and Dallas's Logan each dissented in favor of a 25 basis point increase. The statement says inflation remains elevated relative to the 2% goal, partly on supply shocks in sectors including energy, while economic activity expands at a solid pace, job gains keep pace with the workforce, and productivity growth and capital investment are strong. A hold with three votes pushing the other direction. The pressure inside the room is for higher, not lower.

The extended Trump Mobile confession is live for paid X & Substack subscribers. The board meeting vote (7-1, the dissenter was the intern). The Miami warehouse with forty folding tables and empty bins. Focus Group 3. Four of twelve never turned it on. They reviewed the flag. The flag passed. The quality hold. Version 5.0.

BOOM! The Supreme Court just told the historic-preservation lawyers to get out of the way. Five to four. Construction continues. Crews are already on 20-hour days. This was not a love letter to the ballroom. The Court said the National Trust likely has no standing to sue.  They do not own the White House. They do not get to freeze a $400 million project because they prefer the old postcard. Ballroom above. Military complex below. Frame up by November. Done in 2028. The dissenters wanted a committee member’s “viewing interest” to halt the most famous house in the country. That is not law. That is a hobby with a brief attached. They can keep suing. The concrete is pouring anyway. Golden Age builds. The other side files.

The Jason Arday affair is a national disgrace. It exposes how deeply entrenched and destructive DEI ideology has become. One might have hoped the horror of what happened to Henry Nowak would finally awaken people to how grossly unfair—and outright dangerous—this obsession with skin colour and victimhood has grown. Most ordinary people accept that academic status should rest on merit and talent. Yet a substantial cohort—ironically the same people quickest to brand dissenters as racists—insist that everything, including merit itself, must yield to racial identity. They are prepared to sacrifice academic integrity and tolerate fraud in order to pose as saviours of the poor, disenfranchised and persecuted “Diversity is our greatest strength,” people, even as the consequences of that dogma pile up. Never mind that honest non-white academics will now face unfair suspicion because of this kind of promotion. The white saviours—who, by any honest definition, are practising a form of racism—will cover up, mislead and deceive to protect the narrative. And when the fraud is exposed, they cannot even manage a straightforward apology. Arday has followed the familiar playbook of those who trade in race. When the claims begin to unravel, he immediately claims victim status on the basis of his skin colour, leans on institutions (and, where possible, the police) who are only too thrilled to investigate non existent racism, and seeks to silence journalists asking legitimate questions. When the truth finally emerges, the exposure of the deception is itself blamed on racism. Insane. This is beyond sinister. It has to stop. There is one human race. For as long as records exist, merit has been the only proper measure of an individual. Critical race theory is intellectual poison: it corrodes every institution it touches. We should learn from this episode and reject it completely.