Powell investigation: Drumbeat of Republican opposition grows on Capitol Hill

Powell investigation: Drumbeat of Republican opposition grows on Capitol Hill

Republican protests are growing louder on Capitol Hill as the Trump administration’s Department of Justice pursues a criminal investigation into Federal Reserve Chair Jerome Powell. Powell on Sunday night revealed that the Justice Department opened an investigation into his handling of renovations to the central bank’s headquarters and his testimony about the matter to Congress. … Read more

Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout

Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout

US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025. Trump said there will be “serious retaliation” after two US Army soldiers and an interpreter were killed in Syria on Saturday, and three other … Read more

Trump says any country doing business with Iran will face 25% U.S. tariff

Trump says any country doing business with Iran will face 25% U.S. tariff

U.S. President Donald Trump takes questions from reporters, as he attends a meeting with oil industry executives, at the White House in Washington, D.C., U.S., Jan. 9, 2026. Kevin Lamarque | Reuters President Donald Trump on Monday said any country doing business with Iran will face a 25% tariff “on any and all business being … Read more

Sen. Kelly sues DOD Sec. Hegseth, says he was punished for ‘disfavored political speech’

Sen. Kelly sues DOD Sec. Hegseth, says he was punished for ‘disfavored political speech’

Sen. Mark Kelly on Monday sued the Pentagon and Secretary of Defense Pete Hegseth, alleging the Trump administration’s efforts to punish the Arizona Democrat for his participation in a video to U.S. troops violate the Constitution. The federal civil lawsuit in U.S. District Court in Washington was filed one week after Hegseth said his department … Read more

Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say

Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say

Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies would be subject to a 10% cap on the interest rate they can charge customers. The move sent shares of large banks including Citigroup, JPMorgan Chase, Wells Fargo and Bank of America down between 1% … Read more

Cuba’s president says no current talks with the U.S. following Trump’s threats

Cuba’s president says no current talks with the U.S. following Trump’s threats

Cuban President Miguel Diaz-Canel and U.S. President Donald Trump. Sergey Bobylev | Nathan Howard | Reuters Cuban President Miguel Díaz-Canel said Monday that his administration is not in talks with the U.S. government, a day after President Donald Trump threatened the Caribbean island in the wake of the U.S. attack on Venezuela. Díaz-Canel posted a … Read more

Trump threatens to sideline Exxon from Venezuela’s oil: ‘They’re playing too cute’

Trump threatens to sideline Exxon from Venezuela’s oil: ‘They’re playing too cute’

Darren Woods, chairman and chief executive officer Exxon Mobil Corp., during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9, 2026. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump threatened to sideline Exxon Mobil from Venezuela’s energy market, saying he didn’t … Read more

Why most Greenlanders favor a future without Trump — or Denmark

Why most Greenlanders favor a future without Trump — or Denmark

A snow-cleared asphalt road outside Sisimiut, Greenland, on Monday, March 31, 2025. Bloomberg | Bloomberg | Getty Images Greenland has been thrust into a geopolitical firestorm as U.S. President Donald Trump ramps up his threats to annex the self-governing Danish territory. But, while Trump says the U.S. needs the huge Arctic island for its national … Read more

Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation

Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation

US Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, on Dec. 10, 2025. Saul Loeb | AFP | Getty Images Federal prosecutors have opened a criminal investigation of Federal Reserve Chairman Jerome Powell related to the $2.5 billion renovation to the … Read more

Trump is weighing options against Iran: Reports

Trump is weighing options against Iran: Reports

US President Donald Trump speaks to reporters as he departs from the South Lawn of the White House in Washington, DC, on Jan. 9, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump is weighing options to take action against Iran, according to multiple reports on Sunday. The president has been shown potential … Read more