Kevin Warsh Emerges as Leading Contender for Federal Reserve Chair as Trump Signals Pick

KEY POINTS  Former Federal Reserve Governor Kevin Warsh visited the White House this week as President Donald Trump moves toward announcing a nominee to replace Federal Reserve Chair Jerome Powell, according to two people familiar with the discussions. The possible nomination of Kevin Warsh has drawn close attention from global markets and policymakers as President … Read more

Trump Files $10 Billion Tax Returns Lawsuit Against Treasury and IRS

KEY POINTS  President Donald Trump and several members of his family have filed a $10 billion civil lawsuit against the Treasury Department and the Internal Revenue Service. Alleging the agencies failed to prevent the unlawful disclosure of his confidential tax records, according to a complaint filed Thursday in federal court in Florida. The lawsuit, brought … Read more

Government shutdown deadline nears as Congress deadlocks over immigration oversight

KEY POINTS  WASHINGTON — A government shutdown appeared increasingly likely Thursday as Congress remained deadlocked a day before a funding deadline. With negotiations strained by demands for immigration oversight following the killing of an intensive care nurse by Border Patrol agents, according to lawmakers and administration officials. The looming government shutdown has sharpened uncertainty across … Read more

JPMorgan and Bank of America to Match $1,000 ‘Trump Account’ Deposits for US Employees’ Newborns

KEY POINTS  JPMorgan Chase and Bank of America will each match a $1,000 federal deposit into so-called Trump accounts for eligible US employees who become parents. Expanding corporate participation in a new child investment program created under a federal tax and spending law signed by President Donald Trump in July 2025. The corporate matching decisions … Read more

Stephen Miller signals shift in White House stance on Minneapolis shooting

KEY POINTS  WASHINGTON — Top White House aide Stephen Miller said Tuesday that federal agents in Minneapolis “may not have been following” protocol when they shot Alex Pretti. A marked shift from earlier administration statements that portrayed Pretti as a violent threat.  The comments follow two deadly shootings of US citizens in Minneapolis this month … Read more

Gregory Bovino to leave Minneapolis amid White House shift in immigration enforcement strategy

KEY POINTS  Senior US administration officials expect Border Patrol commander Gregory Bovino and several agents to depart Minneapolis on Tuesday, according to three sources. As the White House reshapes its immigration enforcement response following the fatal shooting of a US citizen and mounting internal criticism. The decision to pull Bovino from Minneapolis marks a notable … Read more

White House Press Secretary Blames Minnesota Leaders for Role in Pretti Shooting

KEY POINTS  MINNEAPOLIS — White House Press Secretary Karoline Leavitt criticized Minnesota Governor Tim Walz and Minneapolis Mayor Jacob Frey for encouraging what she called “hysteria” against ICE and Border Patrol agents, linking their statements to the fatal shooting of Alex Pretti on Saturday.  Leavitt’s remarks came during a press briefing Monday, following President Donald … Read more

Trump sends border czar Tom Homan to Minnesota after fatal immigration shootings

KEY POINTS  WASHINGTON — President Donald Trump said Jan. 26 he is sending White House border czar Tom Homan to Minnesota to oversee immigration enforcement operations following the fatal shooting of US citizen Alex Pretti by a Border Patrol agent in Minneapolis, a move that intensifies a growing standoff between federal and state officials. The … Read more

Minneapolis Nurse Killed by Federal Agent Sparks Family Criticism of Trump Administration

KEY POINTS  MINNEAPOLIS — The family of Alex Pretti, a 37 year old intensive care nurse, sharply criticized the Trump administration after he was fatally shot by a federal Border Patrol agent in Minneapolis on Saturday.  Pretti’s parents said officials misrepresented his actions during the confrontation, calling their portrayal “reprehensible and disgusting.” Pretti, who worked … Read more

Man shot by federal agents in Minneapolis dies amid scrutiny of enforcement operations

KEY POINTS  A man shot by federal law enforcement officers during a confrontation Saturday in south Minneapolis has died, according to hospital records and multiple officials.  Escalating scrutiny of federal enforcement tactics after a recent fatal shooting in the city involving immigration authorities. The death, confirmed by a hospital record obtained by the Associated Press … Read more