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Government Seizes JP Morgan-Owned Billion Dollar Cocaine Ship

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CBP has seized a ship, owned by JP Morgan Asset Management, that held more than 39,000 pounds of cocaine at the Philadelphia seaport.

Business Insider reports: 

“Federal prosecutors in Philadelphia have seized a container ship operated by the Mediterranean Shipping Co., weeks after authorities found more than $1 billion worth of cocaine on the vessel in what was one of the largest drug busts in American history.

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US Customs and Border Protection seized the ship on July 4, a statement out Monday said. The ship is owned by client assets in a maritime strategy offered by JPMorgan Asset Management, according to a person familiar with the matter. It is operated by the Switzerland-based MSC.

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On June 18, CBP agents found 39,525 pounds of cocaine stashed in several containers on the MSC Gayane at the Philadelphia seaport. The street value of the drugs was estimated at about $1.3 billion, making it the largest cocaine seizure by the agency.”…

The Gayane sailed under the flag of Liberia and had previously traveled through the Bahamas and several South American countries, according to an online ship tracker.”

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Joe Biden Nominates Liberal Activist Neera Tanden as Director of Office of Management and Budget; “Zero Chance of Being Confirmed”

Tanden is a controversial Democrat.

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Democratic candidate Joe Biden announced his nomination of Center for American Progress President and controversial Democrat Neera Tanden as Director of the Office of Management and Budget. Biden is yet to be certified as the rightful president-elect pending the outcome of litigation challenging the results in swing states, but this hasn’t prevented him from making personnel decisions.

Tanden, who is somewhat known as a Twitter personality, is a controversial figure in Democratic and progressive circles. She regularly used her position of influence in the Democratic establishment to attack Bernie Sanders during his 2016 and 2020 campaigns,

Tanden also became a target of ire for an incident in which she revealed the identity of an individual who was allegedly sexually harassed at the Center for American Progress.

However, it appears that Tanden’s confirmation as the Director of OMB, is doubtful. Drew Brandewie, a staffer of veteran Republican Senator John Cornyn, described the establishment liberal figure as having “zero chance of being confirmed” in a Sunday tweet.

Liberals went ballistic at the notion Tanden wouldn’t be approved by a Republican Senate majority after spending her career maligning the figures whose votes she would require.

Tanden was an essential figure in pioneering the ‘resistance’ branding of establishment Democrats during Trump’s first term.

Tanden appears to have deleted more than a thousand tweets on her personal Twitter account over the weekend, possibly attempting to clean any mines that could arise in potential Senate confirmation hearings.

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