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Washington Scales Back Regional Footprint Amid Iranian Warnings

Empty airspace over Iran, during a temporary closure of the country's airspace amid concerns about possible military action between the United States and Iran The United States has begun precautionary drawdowns at several military bases across the Middle East after Iranian officials warned neighbouring countries that American facilities could be targeted in the event of a wider conflict. The adjustments focus on relocating non‑essential personnel and reducing exposure as regional tensions continue to rise. Iran’s message to nearby states underscored its concern that any U.S. military action could spill over into the broader region. By cautioning its neighbours, Tehran signaled both its desire to deter potential strikes and its readiness to respond if provoked. U.S. officials described the moves as prudent rather than predictive, emphasizing that the drawdowns do not indicate an imminent operation. Instead, they reflect a shifting security environment in which Washington is recal...
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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 described the situation as a “holding pattern,” suggesting the administration is waiting for more clarity before taking any action.

Powell, whose term as Fed chair ends in May but who can remain on the Board of Governors until 2028, recently disclosed that the DOJ had issued grand jury subpoenas and threatened possible indictment. He has denied wrongdoing and argued that the probe is politically motivated.

Trump also hinted that he is considering potential successors, mentioning former Fed Governor Kevin Warsh and National Economic Council Director Kevin Hassett as strong candidates should a leadership change occur.


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