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Trump Reaffirms No Plans to Remove Powell Amid DOJ Probe

                                               Federal Reserve Chair Jerome Powell arrives at the U.S. Federal Reserve                                                        in Washington, U.S., January 13, 2026. U.S. President Donald Trump said he does not currently intend to fire Federal Reserve Chair Jerome Powell, even as Powell faces a criminal investigation by the Department of Justice over alleged cost overruns tied to the Fed’s headquarters renovation project. In an interview, Trump emphasized that he has “no plan” to remove Powell but noted that it is still “too early” to determine whether the investigation could influence future decisions. He de...
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Israel Insists on Right to Act Against Hezbollah in Any Deal to End Fighting

Amid ongoing conflict, Israel's Defense Minister has firmly stated that the country insists on retaining the right to act militarily against Hezbollah in any agreement to end the fighting in Lebanon. This stance is likely to be contested by Lebanon, potentially complicating peace efforts.

The conflict, which erupted into full-scale war in September 2023, has resulted in significant casualties and displacement on both sides. Lebanese officials have called for a return to United Nations Security Council Resolution 1701, which ended the 2006 war between the sides and called for Hezbollah militants and Israeli forces to withdraw from a buffer zone in southern Lebanon.

U.S. envoy Amos Hochstein, who has been working to broker a ceasefire, held a second round of talks with Lebanon's parliament speaker, Nabih Berri, an ally of Hezbollah. Hochstein mentioned that the talks had made "additional progress," and he plans to visit Israel to try to bring the conflict to a close.

The situation remains tense, with both sides showing little inclination to compromise, and the international community closely watching the developments.

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