Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
WASHINGTON (AP) — 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. The move represents an unprecedented escalation in President Donald Trump’s battle with the Fed, an independent agency he has repeatedly attacked for not cutting its key interest rate as sharply as he prefers. The renewed fight will likely rattle financial markets Monday and could over time escalate borrowing costs for mortgages and other loans. The subpoenas relate to Powell’s testimony before the Senate Banking Committee in June, the Fed chair said, regarding the Fed’s renovation of two office buildings.
Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO response at White House meeting
ABOARD AIR FORCE ONE (AP) — President Donald Trump says he is “inclined” to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro. Speaking on Air Force One, Trump told reporters as he departed West Palm Beach, Florida that he “didn’t like Exxon’s response.” He says, “They’re playing too cute.” During a meeting Friday with oil executives, Trump tried to assuage the concerns of the companies and said they would be dealing directly with the U.S., rather than the Venezuelan government. Darren Woods, CEO of ExxonMobil, the largest U.S. oil company, called the country “uninvestable.”
Video captures Minneapolis immigration arrest in a city on edge after shooting of Renee Good
MINNEAPOLIS (AP) — Federal agents are carrying out immigration arrests in Minnesota’s Twin Cities region already shaken by the fatal shooting of a woman. Agents on Sunday rammed the door of one home and flooded inside before leading a man away in handcuffs. In a dramatic scene similar to those playing out across Minneapolis, agents arrested the man minutes after pepper spraying a handful of protesters who confronted the agents. A Homeland Security spokesperson says more than 2,000 immigration arrests have been made in Minnesota since the beginning of December. The Twin Cities remains on edge after 37-year-old Renee Good was shot and killed by an immigration officer Wednesday.
Death toll from protests in Iran hits at least 544, activists say, as Trump says Iran wants to talk
DUBAI, United Arab Emirates (AP) — President Donald Trump says Iran reached out to the U.S. and proposed negotiations after he threatened action in response to a crackdown on protesters in the Middle Eastern country. Trump in comments to reporters aboard Air Force One said that his administration was in talks to set up a meeting with Tehran, but cautioned that he may have to act first as reports of the death toll in Iran mount. He says: “I think they’re tired of being beat up by the United States,” and that “Iran wants to negotiate.” Activists say the death toll in the crackdown on two weeks of nationwide protests in Iran has spiked to at least 544 people.
Hamas says it will dissolve its Gaza government when new Palestinian body takes over
CAIRO (AP) — Hamas says it will dissolve its government in Gaza once a Palestinian technocratic leadership committee takes over as part of a U.S.-brokered peace plan. The timeline for the change is unclear. A “Board of Peace” led by Trump is set to oversee the committee, but the board's members haven't been announced. Meanwhile, violence continues in Gaza, with hospitals saying Israeli gunfire killed three Palestinians on Sunday. Israeli forces say their actions are in response to ceasefire violations. Separately, Israeli police are questioning a top official from Netanyahu's office related to a leak of classified military information to a German tabloid.
With Cuban ally Maduro ousted, Trump warns Havana to make a 'deal' before it's too late
WEST PALM BEACH, Fla. (AP) — There's another warning from President Donald Trump to Cuba in the wake of Nicolás Maduro's ouster in Venezuela. Cuba is a close ally of Venezuela and a major beneficiary of oil shipments from Venezuela. But Cuba has been cut off from shipments as U.S. forces seize tankers. Trump used a social media post Sunday to urge Cuba to make a deal before, as he put it, “IT IS TOO LATE.” He didn't explain what kind of deal. Cuba's president responding by saying “those who turn everything into a business, even human lives, have no moral authority to point the finger at Cuba in any way.”
Greenland’s harsh environment and lack of infrastructure have prevented rare earth mining
Greenland’s harsh environment, lack of key infrastructure and difficult geology have prevented anyone from building a mine to extract the sought-after rare earth elements that many high-tech products require. Those challenges won't go away even if President Donald Trump takes control of the Arctic island. Trump has made it a priority to break China’s stranglehold on the global supply of rare earths and has invested hundreds of millions of dollars to do that. Now the president is again pitching that taking over Greenland could solve the problem. But Greenland may not ever produce many rare earths because of the inherent challenges.
Lawsuits by Trump allies could shape how the 2030 census is done and who will be counted
ORLANDO, Fla. (AP) — The next U.S. census is four years away, but two lawsuits playing out this year could affect how the head count will be done and who'll be counted. Allies of President Donald Trump are behind the lawsuits challenging various aspects of the once-a-decade count by the U.S. Census Bureau that's used to determine congressional representation and federal aid to states. The lawsuits align with parts of Trump's agenda, even as his administration must defend the Census Bureau and its methods in court. Democratic-aligned groups are trying to intervene because of concerns over whether the Justice Department will defend the bureau vigorously.
Purdy, 49ers eliminate defending Super Bowl champion Eagles with 23-19 win in wild-card game
PHILADELPHIA (AP) — Brock Purdy threw a 4-yard touchdown pass to Christian McCaffrey, leading San Francisco to a 23-19 victory over defending Super Bowl champion Philadelphia in a wild-card game. The 49ers next face top-seeded Seattle next weekend for an NFC divisional playoff game. Purdy threw for 262 yards and had two interceptions. The 49ers might be without star tight end George Kittle, who was injured in the first half. Philadelphia struggled offensively, with Jalen Hurts throwing for only 168 yards. The Eagles' final drive ended with an incomplete pass, sealing their elimination from the playoffs.
The Latest: Golden Globes kicks off Hollywood's 2026 awards season
Hollywood’s awards season is underway with the 83rd Golden Globe Awards. Comedian Nikki Glaser returned for a second year to host the ceremony at the Beverly Hilton in Beverly Hills, California, on Sunday. It’s a Champagne-soaked party featuring some of the biggest names in film and television, even if the awards won’t exactly forecast the Oscars. “One Battle After Another,” which topped the list of nominations with nine, took best motion picture, musical or comedy, and “Hamnet” won the title of best motion picture, drama. Other big winners included limited series “Adolescence,” TV series “The Pitt,” and animated movie “KPop Demon Hunters.”