Federal Reserve Chair Jerome Powell

Trump Administration’s Criminal Probe of Fed Chair Jerome Powell Triggers Bipartisan Backlash and Fresh Fears Over Central Bank Independence

The Trump administration’s decision to open a criminal investigation into Federal Reserve Chair Jerome Powell has ignited an extraordinary political and economic backlash, with former central bank leaders, senior economists and prominent Republican lawmakers warning that the move risks undermining...
Venezuela

Trump Declares U.S. Is “Running” Venezuela After Maduro’s Removal, Promises Oil Companies Will “Start Making Money” as Delcy Rodríguez Consolidates Power

In a dramatic escalation of U.S. involvement in Latin America, President Donald Trump has declared that the United States will now be “running” Venezuela after American forces bombed Caracas on January 3, removed President Nicolás Maduro and his wife from...
US Federal Reserve Chair Jerome Powell

Fed Chair Powell Accuses Trump Administration of Using Criminal Probe Threats to Pressure Central Bank on Rate Cuts

US Federal Reserve Chair Jerome Powell said on Sunday (Jan 11) that the Trump administration has threatened him with a criminal indictment over congressional testimony he delivered last summer, marking a dramatic escalation in the long-running conflict between the White...
Exxon Mobil

Trump Signals Possible Exxon Exclusion From Venezuela After CEO Calls Country ‘Uninvestable’

United States President Donald Trump said on Sunday that he may block Exxon Mobil from investing in Venezuela after the oil major’s chief executive described the country as “uninvestable” during a White House meeting last week, underscoring growing tensions between...
Donald Trump

Trump Issues Stark Ultimatum to Cuba, Warns of Severe Consequences as Venezuelan Oil and Cash Lifeline Is Cut Off

U.S. President Donald Trump on Sunday issued a stark ultimatum to Cuba, urging Havana to “make a deal” with Washington or face unspecified consequences as the flow of Venezuelan oil and financial support to the island is cut off. Trump’s...
Philadelphia Protests Join Nationwide Movement Condemning ICE Killing of Renee Good and Trump’s Venezuela War Drive

Philadelphia Protests Join Nationwide Movement Condemning ICE Killing of Renee Good and Trump’s Venezuela War Drive

Under steady rain on a grey Saturday, two separate protest marches wound their way from Philadelphia’s City Hall to the city’s federal detention center, reflecting a growing nationwide backlash against US Immigration and Customs Enforcement (ICE) and President Donald Trump’s...
Venezuela

US Urges Citizens to Leave Venezuela Immediately as Armed Pro-Regime Militias Set Up Roadblocks After Maduro’s Capture

The United States has urged all of its citizens to leave Venezuela immediately, warning of an increasingly volatile security environment marked by armed paramilitary activity and roadside searches targeting Americans, just days after the dramatic capture of President Nicolás Maduro...
Chinese Drone

U.S. Abandons Proposed Chinese Drone Restrictions as White House Prioritises Trade Stability with Beijing

The United States Commerce Department has withdrawn a proposed rule that would have imposed new restrictions on Chinese-made drones, according to a government notice posted Friday. The decision marks the end of a months-long review process and comes just weeks...
US President Donald Trump, Vice President JD Vance and Secretary of State Marco Rubio attend a meeting with oil industry executives

Trump Pushes U.S. Oil Giants to Invest in Venezuela’s Reserves as Post-Maduro Uncertainty Looms

U.S. President Donald Trump pressed top American oil executives on Friday to invest in Venezuela’s vast oil reserves, following the capture of President Nicolás Maduro, but received a cautious response, with some industry leaders warning that the country remained “uninvestable”...
Donald Trump

Trump Calls for $200 Billion Mortgage-Bond Purchase to Push U.S. Home Rates Below 6%, Aiming to Improve Affordability Amid Supply Shortages

President Donald Trump unveiled a new plan aimed at improving housing affordability in the United States by calling for mortgage giants Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds. The move is designed to help push...
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