Free Republic

San Francisco city officials plan to pull its offices from a downtown building near City Hall due to high rent and a bad real estate market, The San Francisco Standard reported Friday. The 11-story building in downtown San Francisco was initially leased to city and county officials back in 1999 and has over the years served as office space for many municipal departments like the San Francisco Public Utilities Commission, Office of the Treasurer & Tax Collector, the Mayor’s Office of Disability and the Department of the Environment, the outlet reported.

The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will further raise borrowing costs throughout this year as it attempts to undo its pandemic-era, easy money policies. The policy-setting Federal Open Market Committee also detailed plans on unwinding its nearly $9 trillion balance sheet. The decision to raise rates by 0.50% marked the most aggressive increase made in a single meeting since May 2000. Over the last two decades, the Fed has opted to raise interest rates only...

How do you feel about President Trump pardoning Sheriff Joe Arpaio? It was wrong and President Trump should be impeached for it. It was a political end to a political prosecution. I'm not sure.