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2:30 AM ET, January 12, 2026

memeorandum

 Top Items: 
Board of Governors of the Federal Reserve System:
Statement from Federal Reserve Chair Jerome H. Powell  —  Good evening.  —  On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June.
RELATED:
New York Times:
Federal Prosecutors Open Investigation Into Fed Chair Powell  —  The investigation, which is said to center on renovations of the Federal Reserve's headquarters in Washington, signals an escalation in the long-running clash between President Trump and the chair.
Amara Omeokwe / Bloomberg:
Fed Served With DOJ Subpoenas, Powell Vows to Stand Firm  —  Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration's attacks on the Fed.
NBC News:
'I don't know anything about it': Trump denies involvement in DOJ's Fed subpoenas  —  In a brief interview with NBC News Sunday, Trump said he didn't know about the Justice Department subpoenaing the Federal Reserve but said chair Jerome Powell is “not very good.”
Bloomberg:
Bill Pulte Seen as Key Instigator Behind Powell Subpoena  —  Federal Housing Finance Agency Director Bill Pulte was a driving force behind the Trump administration's decision to subpoena the Federal Reserve, according to people familiar with the matter, intensifying pressure on the central bank …
Barak Ravid / Axios:
Trump says he's looking at “very strong options” for supporting Iran protests  —  President Trump said on Sunday that he is looking at “very strong options” when is comes to supporting the protest movement in Iran. … Trump said publicly that he was willing to use military force if the Iranian regime killed protesters.
RELATED:
Politico:
Trump to be briefed on range of options in Iran
Wall Street Journal:
U.S. Steps Up Planning for Possible Action in Iran
Annie Linskey / Wall Street Journal:
Trump ‘Inclined’ to Keep Exxon Out of Venezuela  —  President says he didn't like comments from company's CEO during a meeting Friday at the White House  —  WASHINGTON—President Trump said he might block Exxon Mobil from drilling in Venezuela after the company's top executive publicly acknowledged …
Discussion: CNBC and France 24
RELATED:
Bloomberg:
Trump Says He's Inclined to Exclude Exxon From Venezuela
Discussion: Los Angeles Times
Politico:
Trump ‘inclined’ to keep ExxonMobil out of Venezuela after CEO response at White House meeting
Stuart Anderson / Forbes:
The U.S.-Born Unemployment Rate Rose After Trump Reduced Immigration  —  Government data show the Trump administration's immigration policies reducing the number of foreign-born workers did not help U.S.-born workers in 2025.  The latest data indicate a substantial drop in foreign-born workers …
RELATED:
Joseph Politano / Apricitas Economics:
The ‘No Hire’ Economy  —  US Job Growth has Zeroed Out as Hiring Rates Sink, Hitting Young & Low Income Workers the Hardest  —  Thanks for reading!  If you haven't subscribed, please click the button below:  —  By subscribing, you'll join over 75,000 people who read Apricitas!
Discussion: Townhall
Minho Kim / New York Times:
Trump Administration Live Updates: Noem Says ‘Hundreds More’ Agents Will Be Sent to Minnesota Over ‘Corruption’  —  Where Things Stand  — Minneapolis crackdown: The homeland security secretary, Kristi Noem, told Fox News on Sunday that “hundreds more” federal agents were being dispatched to Minneapolis …
RELATED:
Jacob Wendler / Politico:
As Minneapolis ICE shooting draws national attention, local and federal leaders dig in their heels
Discussion: The Gateway Pundit
Associated Press:
Celebrities wear pins protesting ICE on the Golden Globes red carpet  —  Some celebrities donned anti-ICE pins at the Golden Globes on Sunday in tribute to Renee Good, who was shot and killed in her car by an Immigration and Customs Enforcement officer this week in Minneapolis.
RELATED:
Noah Smith / Noahpinion:
Why are federal agents gunning down Americans in the streets?  —  The shooting of Renee Good, like all of the ICE abuses, is symptomatic of a deeper mental illness.  —  Cross-posted by Noahpinion … - Brad DeLong  —  “What if you knew her and/ Found her dead on the ground/ How can you run …
Discussion: The Moderate Voice
RELATED:
ABC News:
‘This Week’ Transcript 1-11-26: Sen. Tina Smith & Sen. Rand Paul
Discussion: NewsMax.com and RealClearPolitics
RELATED:
Raquel Coronell Uribe / NBC News:
National Portrait Gallery makes changes to Trump part of 'America's Presidents' exhibit
Discussion: Washington Post
CNN:
DHS Secretary Noem defends her statements made hours after deadly ICE shooting  —  CNN's Jake Tapper speaks with Department of Homeland Security Secretary Kristi Noem to break down the timeline of events before and after an ICE agent shot and killed Renee Nicole Good in Minneapolis, as well as the Trump administration's response.
RELATED:
Jake Tapper / CNN:
GOP Sen. Mullin defends Trump admin's response to deadly ICE shooting
Discussion: The Hill, NewsMax.com and Raw Story
Letters / Augusta Free Press:
Vanishing act: How UVA's presidential search missed what took us an hour to find  —  Inside Higher Ed's recent story, “UVA Presidential Hire Raises Process Concerns,” frames the controversy surrounding Scott C. Beardsley's appointment as the University of Virginia's president as follows …
Rebecca Falconer / Axios:
Nobel Institute rejects Machado's peace prize offer to Trump … - Trump had campaigned for the Nobel before it was awaded to Machado last year and told Fox News last week it “would be a great honor” to receive the prize from her. … - “Once a Nobel Prize is announced, it cannot be revoked, shared, or transferred to others.
Avery Lotz / Axios:
Noem limits Congress' ICE facility access after shooting  —  Homeland Security Secretary Kristi Noem announced updated restrictions on congressional visits to ICE detention facilities Thursday, a day after an ICE officer shot and killed a Minnesota mother.
Discussion: Fox News, NOTUS, RedState, CBS News and Politico
RELATED:
Alex Thompson / Axios:
Emanuel targets GOP and Dems as he tests 2028 campaign  —  WATER VALLEY, Miss. — Rahm Emanuel is coming — whether Democrats like it or not.  — “There's two wings in our party right now, and I hope to dominate one of them,” Emanuel, the fiery former Chicago mayor, told Axios in Mississippi …
New York Times:
Trump Regrets Not Seizing Voting Machines After 2020 Election  —  In an interview, the president said he should have ordered the National Guard to take the machines to find evidence of fraud, but added that the Guard might not have had the sophistication to do so.
Julie Tsirkin / NBC News:
Trump threatened GOP senators who voted for War Powers resolution in ‘angry’ calls  —  After the vote, Trump threatened the senators with primary challenges, according to people with knowledge of the calls.  —  Hours after the Senate voted to advance the War Powers resolution rebuking …
Discussion: Bloomberg and Al Jazeera
 
 
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 More Items: 
Associated Press:
Protesters try to attack driver after truck speeds through anti-Iran demonstration in Los Angeles
Sophie Gardner / Politico:
RFK Jr.'s theories about vaccines are about to be tested
Discussion: The Hill
Steve Schmidt / The Warning with Steve Schmidt:
Stephen Miller and the ICE Nazis
Discussion: Raw Story and Mediaite
Tyler Pager / New York Times:
'I Think We Don't Like Them': Trump Says MAGA Has No Room for Antisemites
Discussion: Breitbart
 Earlier Items: 
Haley Cohen / Jewish Insider:
Jackson's only synagogue targeted in arson attack
Will Bunch / The Philadelphia Inquirer:
Trump now a tyrant restrained only by ‘my own morality.’ We stop him with our own.
Discussion: The Guardian
Jan-Werner Müller / The Guardian:
A congresswoman wants to impeach Kristi Noem. She's right to do so
Discussion: Washington Times
Zen Reading / Haaretz:
Netanyahu Joins Germany's AfD, Far-right Europeans in Backing Orbán as Hungary Campaign Begins
The Guardian:
‘Add blood, forced smile’: how Grok's nudification tool went viral
Discussion: Washington Examiner
Franklin Foer / The Atlantic:
The Purged  —  The purge began late Friday night, four days after Donald Trump returned to the White House.
New York Times:
Bob Weir, Guitarist and Founding Member of the Grateful Dead, Dies at 78
 

 
From Techmeme:

Financial Times:
Sources: Elon Musk pushed out two more xAI co-founders after getting frustrated with xAI's coding product progress and brought in “fixers” from SpaceX and Tesla

Eli Tan / New York Times:
Sources: Meta delayed the launch of its Avocado model to at least May over performance concerns and discussed temporarily licensing Gemini to power its products

Mark Gurman / Bloomberg:
Apple is lowering its commission for its App Store in mainland China from 30% to 25%, starting on March 15, “following discussions with the Chinese regulator”
 
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