The Day of the Central Bank Subpoenas

POWELL BLUNT AS HELL: IT'S ABOUT RATES

Nadira Goffe

Nadira Goffe

Iran’s foreign minister alleged Monday that nationwide protests in his nation “turned violent and bloody to give an excuse” for U.S. President Donald Trump to intervene.

President Donald Trump says Iran wants to negotiate with the U.S. after his threat to strike the country over its crackdown on protesters.

U.S. President Donald Trump says Iran has proposed negotiations after his threat to strike the Islamic Republic as an ongoing crackdown on demonstrators has led to hundreds of deaths.

The Justice Department has subpoenaed the Fed over chair Jerome Powell's testimony over the central bank's headquarters renovation. Powell calls it part of a pressure campaign over interest rates.

Jerome Powell said the threat of criminal charges is over decisions that "serve the public," not the president's "preferences."

Iran drew tens of thousands of pro-government demonstrators to the streets Monday in a show of power after nationwide protests challenging the country’s theocracy.

President Trump’s embrace of fossil fuels and withdrawal from the fight against climate change will make it hard to keep warming at safe levels, scientists said.

The president dodged the question before giving a confused answer.

Stay with Newsweek for live updates on the deadly unrest rocking the regime in Iran, as the U.S. weighs military action.

‘I think they’re tired of being beat up by the United States,’ President Donald Trump says.

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations.

U.S. President Donald Trump said Iran wants to negotiate with Washington after his threat to strike the Islamic Republic over its bloody crackdown on protesters, a move coming as activists said Monday the death toll in the nationwide demonstrations rose to at least 544. [Full Story]

Powell claimed, without evidence, that the inquries into the renovations and his congressional testimony were merely “pretexts” for political interference in monetary policy.

The investigation, which is said to center on renovations of the Federal Reserve’s headquarters, escalates the president’s long-running feud with Jerome Powell.

As Trump mulls his options, Iran's top diplomat claims more than two weeks of deadly anti-government unrest is under control, and he's willing to negotiate.

Here are all the highs and lows you missed from the 2026 Golden Globe Awards, from Nikki Glaser to George Clooney.

‘They had problems in the past because they didn’t have Trump as a president,’ Trump told reporters.

Spencer Tepe, 37, and his wife, Monique, 39, were found dead in their Columbus home on Dec. 30 soon after celebrating their anniversary, authorities said.

Investors rushed into gold as rising geopolitical risks and renewed doubts about Federal Reserve independence rattled markets and weakened the dollar.

Isaac Butler

Rights groups reported casualties in the hundreds as President Masoud Pezeshkian expressed sympathy for economic concerns but said the state must respond to “rioters.”

Rep. Ilhan Omar (D-MN) was booted from an ICE facility on Saturday where she claimed she and other lawmakers went to exercise “oversight.”

The Federal Reserve is less likely to make cuts this year as it grapples with a criminal probe, analysts say, which could undermine one of Trump's goals.

EX-FED CHIEFS WARN: 'HIGHLY NEGATIVE CONSEQUENCES'

The admonishment landed as financial markets digested news of the inquiry, with the dollar slipping and stocks wobbling.

The charges were upgraded from murder ahead of the hearing, which is scheduled for 2:30 p.m. Eastern time Monday in Winnebago County, Illinois.

Ahmed Bin Hassan, a Somali American, was defiant as more than a dozen masked federal agents harangued him about his accent.

Trump picked the worst possible time to go after Jerome Powell.

Rep. Ilhan Omar (D-MN) was booted from an ICE facility on Saturday where she claimed she and other lawmakers went to exercise “oversight.”

The U.S. government wastes hundreds of billions of dollars annually, says Treasury Secretary Scott Bessent. In an interviewSunday, Bessent said federal "waste, fraud, and abuse" totals $300 billion to $600 billion a year. [Full Story]

Chief Justice Roberts owes Powell and apology.

WASHINGTON — President Trump declared Monday that the US would be “screwed” if the Supreme Court rules against his reciprocal tariff policies — arguing the feds would have “pay back” billions in revenue collected over the past…

Iran's Inflation Protests Turned Into an Uprising. Will Trump Get Involved?

The president’s guarantees of a windfall from his flagship policy seem about as reliable as his grasp of what it means to launch a trade war against the rest of the planet.

Venezuelan opposition leader Maria Corina Machado is set to meet with President Donald Trump on Thursday, a White House official has confirmed.

The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell, which Powell said was an attempt to exert more control over the Fed, has sparked a backlash that may undermine the White House’s goals.

Rep. Randy Fine, R-Fla., introduced Monday the Greenland Annexation and Statehood Act, which would authorize "the president to take whatever steps necessary to annex or acquire Greenland as a territory of the United States." [Full Story]

Stay with Newsweek for live updates on the deadly unrest rocking the regime in Iran, as the U.S. weighs military action.

The failed push to sink Zohran Mamdani’s appointment of tenant organizer Cea Weaver was an attempt to remove a highly effective advocate for renters, who landlords and the real estate industry hate because she has consistently defeated them.

The Florida Republican's bill would authorize "the president to take whatever steps necessary to annex or acquire Greenland as a territory of the United States." [Full Story]

Mark Joseph Stern

Iran will teach “delusional” and “arrogant” President Donald Trump a “lesson that will never be forgotten,” warned Iranian Parliament Speaker Mohammad Bagher Ghalibaf, who vowed U.S. forces would be “burned by the fire of Iran’s defenders” while insisting “we are your opponent.”

A bipartisan U.S. congressional delegation is headed to Copenhagen later this week in an attempt to show unity between the United States and Denmark as President Donald Trump continues to raise the prsoepct of seizing Greenland, a semiautonomous territory of the NATO ally. [Full Story]

US President Donald Trump is considering air strikes on Iran to stop a crackdown on protesters, the White House said Monday, adding that people were being “killed on the streets.”

They’re not calling it “affordability,” but House Republicans admit the 2026 midterms will be a referendum on what their party did or did not do to lower the cost of living.

US President Donald Trump is considering air strikes on Iran to stop a crackdown on protesters, the White House said Monday, adding that people were being “killed on the streets.”

The Venezuelan regime had high-powered air defense systems from its allies in the Kremlin, but failed to set much of them up.

Minnesota sued U.S. Homeland Security Secretary Kristi Noem on Monday in an effort to halt a major federal immigration enforcement surge that intensified after last week’s fatal shooting of Minneapolis resident Renee Good. [Full Story]

EARLIER: Blunt Powell Blasts Political 'Intimidation'

Trumpworld is freaking out at one of the president’s main loyalists.

President Donald Trump claims his policies and his peace through strength agenda is saving the North Atlantic Treaty (NATO) alliance.

Why Trump is making a bid to control the US economy.

Abbas Araghchi, Iran’s foreign minister, said his government was ready to negotiate with the United States. Iranian security forces are cracking down on protests.

Space is cold and has abundant solar energy — the very things data centers need. Experts tell us it’s not that simple.

Jim Newell

Trump 2.0, Year 1: A Libertarian Nightmare

The Department of Homeland Security is sending in hundreds of more federal officers to Minnesota.

The State Department is telling U.S. citizens to leave Iran immediately and to have a plan for departure that does not rely on U.S. government assistance, as protests across the country escalate along with the risk of violence. [Full Story]

More than 2,000 federal immigration agents are in Minnesota, and that number is expected to increase. On Monday, an NPR reporter witnessed multiple instances where immigration agents drove around Minneapolis — and in parking lots of big box stores — and randomly questioned people about their immigration status.

President Donald Trump explicitly warned of "very strong options," including potential military action, against the Iranian government following a deadly crackdown on nationwide anti-government protests, which has so far resulted in over 500 protester deaths.

After a weekend of protests decrying the killing of Renee Good in Minneapolis, hundreds of additional federal agents are being deployed to Minnesota.

Even accepting President Trump’s claim there is an armed conflict with drug cartels, the laws of war forbid combatants from feigning civilian status and attacking.

Even accepting the Trump administration’s claim that there is an armed conflict with suspected drug runners, laws forbid combatants from feigning civilian status.

President Donald Trump has arrived at a delicate moment as he weighs whether to order a U.S. military response against the Iranian government as it continues a violent crackdown on protests that have left nearly 600 dead and led to the arrests of thousands across the country. [Full Story]

Trump has occasionally confronted her directly, administration officials told The Wall Street Journal.

Majority Whip of the United States House of Representatives Tom Emmer (R-Minn.) says liberal Governor Tim Walz deserves to leave office in handcuffs after fraud scandals spiked throughout Minnesota.

After a weekend of protests decrying the killing of Renee Good in Minneapolis, hundreds of additional federal agents are being deployed to Minnesota.

The U.S. Attorney’s Office for the District of Columbia did not contact the White House before issuing subpoenas, three sources said.

Monday on CNN’s “OutFront,” Rep. Ilhan Omar (D-MN) described the incident involving an Immigration and Customs Enforcement (ICE) agent fatally shooting a protester in Minneapolis as a “clear murder.”