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Wall Street executives warn Trump: Stop attacking the Fed and credit card industry AP NewsThe biggest hurdle to Trump's credit card proposals? His own party. PoliticoBanks warn consumers will be hurt by Trump's 10% cap on credit card interest rates ReutersJPMorgan Chase says banks could fight Trump credit card rate cap: 'Everything's on the table' CNBC
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The biggest hurdle to Trump's credit card proposals? His own party. PoliticoWall Street Is Suddenly on the Defensive With the President The Wall Street JournalBanks warn consumers will be hurt by Trump's 10% cap on credit card interest rates ReutersWall Street executives warn Trump: Stop attacking the Fed and credit card industry AP News
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Trump allies fear that the inquiry into the Fed chair could complicate the process of replacing him this year.
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Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates.
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Federal Reserve Chair Jerome Powell has drawn all sorts of support after disclosing that the Trump administration's Department of Justice has threatened him with a criminal indictment over his testimony about building renovations.
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3 Prosecutors Quit After Push to Investigate ICE Shooting Victim's Widow The New York TimesA new spate of Justice Department officials quit because their section didn't want to probe Renee Good's shooting MS NOWDoJ officials quit in protest after division decided to not investigate ICE shooting The GuardianMass resignations hit Justice Department's Civil Rights Division amid lack of action in Minneapolis, sources say
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CPI Report Live Updates: Inflation Steady at 2.7% as Fed Considers Interest Rates The New York TimesCPI Report Shows Food Prices Rose Sharply in December The New York TimesHere's the inflation breakdown for December 2025 — in one chart CNBCSoft inflation report boosts Trump amid affordability push Politico
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Former aide to Eric Adams arrested on federal bribery charges ABC NewsAnother Eric Adams official charged in another corruption case PoliticoFormer NYC mayor's aide accused of yearslong bribery scheme in federal indictment Gothamist
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The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.
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Initial Obamacare Enrollment Drops by 1.4 Million as Expiring ACA Subsidies Drive Up Premiums The New York TimesAs enhanced ACA subsidies lapse, millions poised to drop health insurance CNBCACA enrollment sinks sharply as coverage costs soar in 2026 CBS NewsEarly ACA numbers show drastic drop in enrollme
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There's more to the probe aimed at the Federal Reserve chair than meets the eye.
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A rise to record highs in gold and silver after another tumultuous weekend for news headlines tied to Trump and the Federal Reserve, and to growing tensions in Iran, Venezuela, and Greenland, shows that a commodities supercycle is "firmly intact."
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Federal Reserve Board Chair Jerome H. Powell accused the Justice Department of using the investigation to pressure the central bank to lower interest rates.
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A broader shift out of U.S. financial assets would revive last year's trend called the "sell America" trade.
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