Politics News — AI Briefing

Politics4d ago·38 sources

The Federal Reserve is waging a behind-closed-doors legal challenge to a pair of subpoenas issued as part of U.S. Attorney Jeanine Pirro’s criminal investigation into Chair Jerome Powell, according to people familiar with the matter

U.S. Attorney Jeanine Pirro defended her office's investigation into the Federal Reserve, stating that subpoenas were issued because the Fed ignored multiple outreach attempts regarding cost overruns and Chairman Jerome Powell's congressional testimony. Powell had previously stated the Justice Department was "threatening a criminal indictment" related to his June testimony about the Fed's office building renovations, which saw costs increase from $1.9 billion to $2.5 billion. Pirro clarified that the word "indictment" originated from Powell and that her office makes decisions based on merits, expecting Powell's full cooperation. Powell, however, believes the reasons for the probe are "trumped up" and linked the investigation to political pressure from President Donald Trump to lower interest rates. Several Republican and Democratic lawmakers have voiced support for Powell, viewing the investigation as an attempt at coercion and an abuse of law by the White House.

Federal Reserve·Investigation·Jerome Powell·Subpoenas

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Daily Briefing

The Federal Reserve is waging a behind-closed-doors legal challenge to a pair of subpoenas issued as part of U.S. Attorney Jeanine Pirro’s criminal investigation into Chair Jerome Powell, according to people familiar with the matter

A federal judge in Washington, D.C., on Thursday declined to block construction of President Trump’s planned White House ballroom

Oil lobbyists have made the case to Trump officials in recent weeks that his attacks on wind farms off the U.S. coast risk derailing congressional efforts to speed up permitting for energy projects

The Trump administration is pausing nearly $260 million in Medicaid funding to Minnesota as a way to push the state to better account for how government funds are being distributed

Here’s a look at whether the math works on some of the economic proposals that President Trump made in his State of Union speech

Here are some key moments from the depositions given by Hillary and Bill Clinton to a House committee looking into convicted sex offender Jeffrey Epstein

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New York City Mayor Zohran Mamdani and President Trump met Thursday in the White House to discuss increasing housing production

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