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
Jan 12 Minnesota and the Twin Cities sue the federal government to stop Trump's immigration crackdown By Rebecca Santana, Mark Vancleave, Associated Press The lawsuit alleges that Operation Metro Surge violates federal law because it’s arbitrary and capricious, since it says other states aren’t seeing commensurate crackdowns. Continue reading
Jan 12 Sen. Elizabeth Warren says Trump called her and talked credit card rates, housing costs By Associated Press Earlier in the day, Warren accused President Donald Trump of raising costs for American families and doing little to address affordability. Continue reading
Jan 12 LISTEN: Supreme Court seems likely to uphold states' bans on transgender students playing school sports By Mark Sherman, Associated Press Lower courts ruled for the transgender athletes in Idaho and West Virginia who challenged the state bans, but the conservative-dominated Supreme Court gave no indication after more than three hours of arguments that it would follow suit. Continue reading
Jan 12 With action against Powell and the Fed, Trump's list of targeted opponents grows longer By Bill Barrow, Associated Press President Donald Trump’s administration has gone after multiple elected and appointed government officials who have either directly opposed the Republican president or not granted his wishes. Continue reading
Jan 12 WATCH: Powell vows to stand firm against 'unprecedented' Trump administration indictment threats By Christopher Rugaber, Associated Press “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions — or whether instead monetary policy will be directed by political pressure or intimidation.”… Continue reading
Jan 12 Why the Federal Reserve's independence from the White House matters By Chris Rugaber, Associated Press The Justice Department is threatening the Federal Reserve with a criminal indictment over the testimony of Fed Chair Jerome Powell this summer regarding its building renovations. Continue reading
Jan 12 DOJ investigation of Powell sparks backlash, support for Fed independence By Chris Rugaber, Josh Boak, Associated Press The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell, which Powell said was an attempt to exert more control over the Fed. Continue reading