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Federal Reserve Chair Jerome Powell says the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony about the Feds building renovations. The move represents a major escalation in President Donald Trumps battle with the Fed, an independent agency he has repeatedly attacked for not cutting its key interest rate as quickly as Trump prefers. In a video statement, Powell said the threat of criminal charges are pretexts to undermine the Feds independence when it comes to setting interest rates. A spokesperson for U.S. Attorney Jeanine Pirros office didnt immediately respond Sunday to a text message and phone call seeking comment.
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DOJ subpoenas Federal Reserve, says its chairman, who says he could be indicted over testimony on office renovations.
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A Hong Kong court will begin hearing arguments about the upcoming sentence for pro-democracy media mogul Jimmy Lai on Monday. His conviction under a national security law could lead to life imprisonment. Lai, 78, was found guilty of conspiring with others to collude with foreign forces and publish seditious articles. His case has raised concerns about press freedom, drawing criticism from the U.S. and Britain. Judges ruled Lai was the mastermind behind the conspiracies. Lai pleaded not guilty, but his co-defendants entered guilty pleas. Sentencing will occur later. Lai's daughter says he would focus on family and faith if released.
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A Virginia man has pleaded not guilty to charges accusing him of planting two pipe bombs outside the headquarters of the Democratic and Republican national parties on the eve of the Capitol riot on Jan. 6, 2021. Brian J. Cole Jr. entered the plea at a brief hearing on Friday. He is facing two counts of transporting and attempting to use explosives. Justice Department prosecutors have said that Cole confessed to placing pipe bombs outside the Republican National Committee and the Democratic National Committee headquarters only hours before a mob of President Donald Trumps supporters stormed the Capitol.
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Authorities in New Mexico have issued an arrest warrant for director and Emmy Award-winning actor Timothy Busfield to face a child sex abuse charge. An investigator with the Albuquerque Police Department said in a criminal complaint Friday that the child reported that Busfield touched him inappropriately. The acts allegedly occurred on the set of The Cleaning Lady, a TV series Busfield directed and acted in. The complaint says the childs mother told Child Protective Services the abuse occurred between November 2022 and spring 2024. Busfields attorney and agent did not immediately respond to email messages seeking comment late Friday.
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MADISON, Wis. (AP) A Wisconsin teen who killed a prison guard during a fistfight pleaded guilty to homicide Friday but contends he doesn't d…
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COLUMBUS, Ohio (AP) A use-of-force review board cleared the Ohio police officer who shot and killed 21-year-old TaKiya Young, a pregnant Bl…
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COLUMBUS, Ohio (AP) Republican Ohio gubernatorial candidate Vivek Ramaswamy has expressed alarm that a man who worked as his family's bodygu…
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NEW YORK (AP) Luigi Mangione is due in federal court Friday for a pivotal hearing in his fight to bar the government from seeking the death …
AP
Fights over which agencies will be involved in the investigation into the fatal shooting of a woman by a federal immigration officer in Minneapolis are roiling as calls for a thorough investigation and accountability mount. Experts say the conflict Thursday between Minnesota officials and federal authorities exemplifies the complicated question of whether a federal agent performing a federally sanctioned operation can be criminally charged by a state. Federal authorities have blocked the participation of Minnesota officials in the investigation. In the past year as they have deployed a growing number of federal agents into cities across the country, many for immigration crackdowns, federal officials have said agents are immune from state prosecution while performing those duties.