In brief Legal precedents block Trump from legally firing Powell except for misconduct, not policy disagreements. Trump allies are escalating pressure on Powell, including a criminal referral and threats of early succession. Rate cut speculation may boost crypto in the short term, but long-term instability could pressure risk assets, Decrypt was told. A public clash between President Donald Trump and …
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Federal Reserve Chairman Jerome Powell testifying during a Senate committee hearing on June 25, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images) LAST WEEK, AFTER MONTHS of threatening to fire Federal Reserve Chair Jerome Powell, President Donald Trump signaled he was backing off. Trump’s rationale—or pretext, if you prefer—for going after Powell is cost overruns and delays in the $2.5 …
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President Donald Trump, after filing a $20 billion lawsuit against the Wall Street Journal over a story alleging Trump gave Jeffrey Epstein a lewd birthday note more than two decades ago, disputed the newspaper’s coverage on a separate topic. On Saturday, the Journal published an article with the headline “How Bessent Made the Case to Trump Against Firing Fed Chair …
Read More »Democrats seek to fight fire with fire on redistricting The Hill As Trump pushes Texas takeover in fight for House, Democrats plot their counterpunch CNN Texas Republicans aim to redraw House districts at Trump’s urging, but there’s a risk AP News As Trump looks to net five GOP seats through Texas redistricting, Democrats grasp for response The Texas Tribune Trump wants Texas to redraw …
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San Jose Police are investigating after a car crashed into a post office overnight, causing the building to catch fire. The crash happened around 3 a.m. at the post office in the 6500 block of Crown Boulevard, San Jose police said. When officers arrived, SJPD said they discovered a vehicle had been driven into the post office and caught fire, …
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A vehicle sits on the sidewalk after ramming into a crowd of people waiting to enter a nightclub along a busy boulevard in Los Angeles on Saturday, July 19, 2025, injuring many people. Damian Dovarganes | AP Photo A car slammed into a crowd outside a Los Angeles nightclub early Saturday morning, injuring at least 30 people, before the driver …
Read More »Incident: Delta B764 at Los Angeles on Jul 18th 2025, engine fire The Aviation Herald Video shows plane’s engine burst into flames shortly after takeoff from LAX ABC7 Los Angeles Watch: Plane catches fire during take-off BBC Delta flight makes emergency landing at LAX after engine catches fire KTLA Delta Flight’s Engine Bursts into Flames Shortly After Takeoff from Los Angeles Airport: Watch People.com Source …
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The Cram fire northwest of Madras in Jefferson and Wasco counties is the largest wildfire burning in the country, according to the National Interagency Fire Center. Saturday morning, officials said the fire grew more than 1,000 acres and now covers 95,631 acres with 775 people, 102 fire engines and eight helicopters battling it. It has destroyed four residences and two …
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An undercover investigation found animal welfare violations at Woodcrest Dairy, which the report said was, at least at one time, a supplier to Coca-Cola’s Fairlife milk brand. What’s happening? According to World Animal News, Animal Recovery Mission (ARM) documented many cases of animal mistreatment at the Woodcrest facility in New Mexico between December 2024 and March 2025. Workers were filmed …
Read More »World’s largest barbecue chain under fire in Texas lawsuit Chron Source link
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