Today in News History
On July 12, several notable moments in the history of News stand out. In 1804, Alexander Hamilton, American general, economist, and politician, 1st United States Secretary of the Treasury (born 1755) passed away. In 1862, The Medal of Honor is authorized by the United States Congress. In 1935, Alfred Dreyfus, French colonel (born 1859) passed away. In 1937, Robert McFarlane, American colonel and diplomat, 13th United States National Security Advisor (died 2022) was born. In 1958, J. D. Hayworth, American politician and radio host was born. In 1959, Karl J. Friston, English psychiatrist and neuroscientist was born. In 1995, Chinese seismologists successfully predict the 1995 Myanmar-China earthquake, reducing the number of casualties to 11. In 1996, John Chancellor, American journalist (born 1927) passed away. In 2008, Tony Snow, American journalist, 26th White House Press Secretary (born 1955) passed away. In 2014, Valeriya Novodvorskaya, Russian journalist and politician (born 1950) passed away. Together, these milestones provide historical context for today's news news and ongoing narratives.
Ex-Trump Treasury Undersecretary Warns Fed Is Now “Giant Hedge Fund”
David Malpass, who served as President Trump’s Under Secretary of the Treasury for International Affairs during his first term and later as president of the World Bank, warned again this week that the Federal Reserve, which has “lost a trillion dollars,” is now operating like “a giant hedge fund.” Malpass told CNBC’s Squawk Box: “The []
Narrative Intelligence Brief
This article was published by 2Paragraphs, a source frequently categorized with a left bias based in United States of America. Our narrative intelligence engine continuously monitors coverage from this outlet to track framing, bias, and rhetorical patterns. Our initial algorithmic scan of this specific piece did not flag high-confidence rhetorical techniques, suggesting a generally straightforward reporting style or neutral framing. By understanding the editorial perspective of 2Paragraphs, readers can better contextualize the information presented and compare it across our broader media matrix to find the real narrative.
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Analysis Methodology
This narrative analysis was generated using the CoDataLab Global Intelligence Engine. Our proprietary AI scans thousands of cross-border sources to identify sentiment patterns, framing techniques, and potential media bias. While AI provides the data-driven foundation, our objective is to empower readers with additional context beyond the standard headline.The content displayed above is a structured summary designed for rapid information processing. For the full original report, please visit the source outlet.More Coverage
Discussion
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How other outlets are covering this story
Compare narratives across 6 related reports from 6 sources. Real Narrative News aggregates the coverage spectrum so you can see who emphasises what — bias tags reflect the outlet, not the story.
Coverage bias distribution
6 sources
Left 17%
Center 17%
Right 67%
Coffman Chronicle
· Jul 2, 2026
Trump Crypto Profits Top $1 Billion as Financial Disclosure Fuels Ethics Scrutiny
President Donald Trump’s latest financial disclosure has put new attention on the overlap between presidential power, cryptocurrency policy and private profit.
The New American
· Jun 24, 2026
Former World Bank President Critiques Central Banking
David Malpass has described the Federal Reserve as having “basically become a giant hedge fund” that has incurred over a trillion dollars in losses. ... The post Former World Bank President Critiques Central Banking appeared first on The New American.
Knewz
· Jul 9, 2026
Marjorie Taylor Green ‘blown away’ by President Donald Trump after previously ‘attacking’ the Bidens for ‘corruption’
Former Rep. Marjorie Taylor Greene, once one of President Donald Trump‘s fiercest defenders in Congress, said on The View she was “blown away” by the wealth the Trump family has accumulated since his return to the White House in January 2025 — the same type of financial activity she once condemned as “corruption” when it...
Washington Examiner
· Jul 2, 2026
How hospitals are profiting from a program meant for low-income patients
Washington is increasingly tapping a hidden “piggy bank” to fund its growing healthcare commitments. Proponents of this strategy proclaim that it doesn’t cost taxpayers a dime, but that’s an illusion. It’s quietly draining one of America’s most important industries — and threatens to degrade millions of Americans’ health while greatly increasing future healthcare spending. Each []
Brisbane Times
· Jul 1, 2026
Trump has revealed how much money he made last year, and it’s unprecedented
The US president raked in billions, including revenue from crypto ventures, in an unheard-of moneymaking flex by a sitting US president.
Dollar Collapse
· Jul 9, 2026
No Confidence: Automatic Treasury Bond Buyers Are Gone, Fiscal Dominance Incoming
Written by Bryan Lutz, Editor at Dollarcollapse.com: The Fed spent the past year cutting rates while the bond market spent the past three months raising them. Let’s break that down: Fed funds sits at 3.63, a 52-week low. The 30-Year Treasury yield touched 5.2 in May, its highest level in a decade, and closed back []
Topics:
Related coverage for "Ex-Trump Treasury Undersecretary Warns Fed Is Now “Giant Hedge Fund”": Coffman Chronicle — Trump Crypto Profits Top $1 Billion as Financial Disclosure Fuels Ethics Scrutiny. The New American — Former World Bank President Critiques Central Banking. Knewz — Marjorie Taylor Green ‘blown away’ by President Donald Trump after previously ‘attacking’ the Bidens for ‘corruption’. Washington Examiner — How hospitals are profiting from a program meant for low-income patients. Brisbane Times — Trump has revealed how much money he made last year, and it’s unprecedented. Dollar Collapse — No Confidence: Automatic Treasury Bond Buyers Are Gone, Fiscal Dominance Incoming