Jan 13 Top central bankers back Fed chair Powell with 'full solidarity' in clash with Trump By David McHugh, Associated Press Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair Jerome Powell, after President Donald Trump dramatically escalated his confrontation with the Fed with the Justice Department investigating and threatening criminal charges. Continue reading
Jan 13 Trump cancel meetings with Iranian officials and tells protesters 'help is on its way' By Aamer Madhani, Associated Press The president has repeatedly threatened Tehran with military action if his administration finds the Islamic Republic is using deadly force against antigovernment protesters, but he has not said whether he has made a decision on a response. Continue reading
Jan 12 Watch 3:53 Powell pushes back as Trump's DOJ launches unprecedented investigation into Fed By Amna Nawaz, Kayan Taraporevala The Justice Department has launched an unprecedented criminal investigation against the Federal Reserve and its chairman, Jerome Powell. For his part, Powell made it clear he was fed up with what he sees as a threat from President Trump and… Continue watching
Jan 12 Watch 7:03 Trump's intimidation of Fed's leadership threatens economic stability, Yellen says By Amna Nawaz, Ryan Connelly Holmes As Federal Reserve Chair Jerome Powell pushes back against a criminal probe from the Trump Justice Department, Amna Nawaz discusses the developments with Janet Yellen. She served as chair of the Federal Reserve Board from 2014 to 2018 and was… Continue watching
Jan 12 Watch 5:42 Ex-prosecutor on DOJ's Powell probe and Trump's targeting of opponents By Geoff Bennett, Azhar Merchant To dive into some of the legal questions behind the Justice Department's investigation into the Federal Reserve and Jerome Powell, and similar moves by President Trump, Geoff Bennett spoke with Mary McCord. She's the executive director of the Institute for… Continue watching
Jan 12 Watch 8:29 Trump administration's posts echo rhetoric linked to extremist groups By Liz Landers, Frank Carlson, Mike Fritz, Amna Nawaz Just weeks into the new year, the Trump administration has rolled out a campaign across departments that draws on images and ideas borrowed from right-wing and white nationalist circles. Liz Landers reports on what some of these images and posts… Continue watching
Jan 12 What to know about how NATO works as Trump threatens to take over Greenland By Lorne Cook, Associated Press NATO is built on the principle that an attack on any one of its ranks must be considered an attack on them all — the collective security guarantee enshrined in Article 5 of the treaty. Continue reading
Jan 12 Former Trump adviser Dina Powell McCormick named Meta president and vice chairman By Wyatte Grantham-Philips, Associated Press Powell McCormick previously served on Meta's board of directors — where, the company notes, she was “deeply engaged” in accelerating its artificial intelligence push across platforms. Continue reading
Jan 12 Iran trade partners will face 25% tariffs from U.S., Trump says By Jon Gambrell, Julia Nikhinson, Aamer Madhani, Associated Press The U.S. president has repeatedly threatened Tehran with U.S. military action, if his administration found the Islamic Republic was using deadly force against antigovernment protesters. Continue reading
Jan 12 Venezuelans in the U.S. torn between joy and worry after Maduro's ousting By Michael Weissenstein, Adam Geller, Associated Press As they try to figure out what’s next for them and for families and friends still in Venezuela, many share conflicted feelings. Continue reading