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The former Chancellor, Kwasi Kwarteng, revealed in his tell-all interview for TalkTV how he warned his friend PM Liz Truss to “slow down” after her mini budget triggered turmoil in the financial markets.
Kwarteng shared that he told Truss that she would be “mad” to fire him. “This is mad. Prime ministers don’t get rid of chancellors,” Kwasi told her.
But she did, and we now know why.
Kwasi Kwarteng’s revelations suggest that former PM Truss was primarily responsible for all decision-making that crashed the British economy. Truss did not listen to anyone as she proceeded with her radical plan.
“We were going very fast. Even after the mini-budget, we were going at breakneck speed. And I said, you know, ‘We should slow down, slow down.” she said, ‘I’ve only got two years.’ and I said, ‘You’ll have two months if you carry on like this,’ and that’s, I’m afraid, what happened.”
On Tuesday evening, about 120 Conservative MPs flocked into No 10 to watch the England v Wales game. Inside, the flags of England and Wales were displayed on either side of the giant TV. Snacks and drinks were served. MPs stood and joined in singing the national anthem before the game. MPs representing English and…Keep reading
Incoming House Minority Leader Hakeem Jeffries, elected by acclamation, held his first press conference on Wednesday. He opened by calling Pelosi the “extraordinary speaker for the ages.” Jeffries, born in Brooklyn in a middle-class and working-class family is the first Black man to lead a major party in either chamber of Congress. He said that one…Keep reading
EST 9:00 AM President Biden receives the Presidential Daily Briefing 11:05 AM President Biden departs the White House en route the White House Tribal Nations Summit11:30 AM President Biden delivers remarks at the White House Tribal Nations Summit12:15 PM President Biden departs the White House Tribal Nations Summit en route the White House 12:20 PM President Biden arrives at the White House 5:30 PM The First…Keep reading
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On Tuesday, Congressional leaders of both parties spoke to reporters outside the West Wing following their meeting with President Biden. Senator Schumer and Speaker Pelosi were the first ones to address the press . “All four of us agreed we’ve got to resolve this rail shutdown as quickly as possible,” Schumer said. “I don’t like…Keep reading
It’s that time of year again. On Monday, I walked through the White House gates for the First Lady’s Christmas decoration reveal. An annual White House press tradition, filled with history, holiday songs, and thousands of sparkling lights. The grand entrance at the East Wing Lobby opened with “We the People” holiday experience with bells…Keep reading
EST 11:55 AM President Biden departs the White House en route Joint Base Andrews 12:25 PM President Biden departs Joint Base Andrews en route Freeland, Michigan 2:05 PM President Biden arrives in Freeland, Michigan 2:35 PM President Biden tours the SK SiltronCSS facility …Keep reading
In April of 1926, world representatives met in Paris and wrote the 1926 Paris International Convention Relative To Motor Traffic. Following the end of WWII, as many more people worldwide started to travel internationally, it became clear that the terms of the 1926 Paris convention needed to be updated. In 1949, delegates met in Geneva and…Keep reading
EST 10:30 AM President Biden receives the Presidential Daily Briefing 1:30 PM President Biden hosts a congratulatory visit with 2022 Nobel Prize Winners from the United States Briefing Schedule 2:30 PM Press Briefing by Press Secretary Karine Jean-Pierre and National Security Council Coordinator for Strategic Communications John KirbyKeep reading