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Abbott Designates Muslim Brotherhood, CAIR Terrorists

Texas Gov. Greg Abbott on Tuesday designated the Muslim Brotherhood and the Council on American-Islamic Relations as foreign terrorist organizations and transnational criminal organizations. The move authorizes heightened enforcement actions in the state. The governor’s office said in a press release that the designation bars both groups and their affiliates from purchasing or acquiring land in Texas and paves the way for expanded investigations and legal action. Abbott said the groups “have long made their goals clear: to forcibly impose Shariah law and establish Islam’s ‘mastership of the world.'” He added that their efforts to “subvert our laws through violence,.

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Appeals court denies Trump’s bid to revive defamation claims against CNN

A federal appeals court on Tuesday refused President Trump’s attempt to revive his dismissed defamation lawsuit against CNN for describing his baseless claims of mass election fraud in 2020 as the “Big Lie.” The 11th U.S. Circuit Court of Appeals panel agreed with a lower judge in rejecting Trump’s arguments that the network falsely associated him with Adolf Hitler. “Trump has not adequately alleged the falsity of CNN’s statements. Therefore, he has failed to state a defamation…

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SPTL, TSL: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio Long Term Treasury ETF, where 43,700,000 units were destroyed, or a 9.4% decrease week over week. And on a percentage chan

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