Former Fed chairs condemn criminal investigation into Jerome Powell
Three former heads of the central bank say the probe seeks to undermine the Fed’s independence and “has no place” in the US. Source: Original News
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Trump announces 25% tariff on countries doing business with Iran
Trump says the new levy is “effective immediately” as anti-government protests in Iran enter a third week. Source: Original News
What to Know About the Criminal Investigation of Fed Chair Jerome Powell
The Justice Department’s probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank’s headquarters has raised alarms. Source: Original News
Dan Bongino, No Longer at the F.B.I., Will Return to Podcasting
The former F.B.I. deputy director, who had hosted a right-wing, pro-Trump podcast, will restart the show after a rocky tenure at the law-enforcement agency. Source: Original News
Kelly Sues Pentagon Over Threats of Punishment From Hegseth
Senator Mark Kelly, Democrat of Arizona, asked a federal judge to block the Trump administration from disciplining him for a video warning about illegal military orders. Source: Original News
Leaders of Historians’ Group Veto Resolutions Critical of Israel
The executive council of the American Historical Association said the resolutions, including one accusing Israel of ‘scholasticide’ in Gaza, would put the group at risk. Source: Original News
Trump Explores Diplomacy With Iran While Weighing Strikes, Officials Say
Abbas Araghchi, the foreign minister of Iran, said his government was ready to negotiate with the United States. Iranian security forces are cracking down on protests. Source: Original News
Apple Teams Up With Google for A.I. in Its Products
Apple was facing increasing questions about its plans for artificial intelligence as other big tech companies invested tens of billions in the technology. Source: Original News
Meta Plans to Cut 10% to 15% of Employees in Reality Labs Business
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on building artificial intelligence. Source: Original News
Criminal Inquiry of Powell Draws Backlash From Some Republicans
Three Republican senators offered a rare rebuke of the Trump administration’s tactics, criticizing an investigation of the Federal Reserve chair. Source: Original News