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Trump–Powell Showdown Intensifies as White House Floats Criminal Charges

                                                       Donald Trump and Federal Reserve Chair Jerome Powell A dramatic escalation in the long‑running tension between President Donald Trump and Federal Reserve Chair Jerome Powell has thrust the independence of the U.S. central bank into the spotlight. The conflict deepened after Powell disclosed that the Department of Justice had issued grand jury subpoenas to the Federal Reserve—an action he suggested was politically motivated. The inquiry centers on Powell’s congressional testimony about cost overruns tied to a Federal Reserve building renovation. Powell has dismissed the investigation as a pretext, arguing that the administration’s real aim is to pressure the Fed into cutting interest rates more aggressively, a move Trump has repeatedly demanded. The threat of potential...
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Global Backlash Against Trump's Tariffs

World leaders have expressed strong opposition to the tariffs imposed by former U.S. President Donald Trump, citing concerns over economic instability and strained international relations. Several nations have pledged retaliatory measures, warning of potential trade wars that could disrupt global markets. The tariffs, aimed at protecting American industries, have sparked debates about their long-term impact on international cooperation and economic growth.



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