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.
Discussion:
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Politico:
GOP angst grows over Powell investigation — A growing number of Republicans on Capitol Hill are expressing unease with the Justice Department's move to investigate Federal Reserve Chair Jerome Powell, a sign that the probe could become a major inflection point over GOP lawmakers' concerns about central bank independence.
Discussion:
The Guardian, New York Times, The Hill, Reuters, Washington Times, NewsMax.com and Fortune
Statement / Statement on the Federal Reserve:
Statement on the Federal Reserve — The Federal Reserve's independence and the public's perception of that independence are critical for economic performance, including achieving the goals Congress has set for the Federal Reserve of stable prices, maximum employment, and moderate long-term interest rates.
Discussion:
Washington Examiner, Washington Post, CBS News, The Hill, Associated Press, WBUR and Bloomberg
Marc Caputo / Axios:
Scoop: Bessent told Trump that investigation of Fed chair creates a “mess” — A perturbed Treasury Secretary Scott Bessent told President Trump late Sunday that the federal investigation into the Federal Reserve chair “made a mess” and could be bad for financial markets, two sources familiar with the call told Axios.
Discussion:
Blaze Media, NewsMax.com, Reuters and Newsweek
Amber Phillips / Washington Post:
The extraordinary criminal inquiry of a Fed chair, explained — Legal experts warn the Trump administration's probe of Jerome Powell threatens the rule of law, and economists warn it threatens the stability of the U.S. economy. — Just now — President Donald Trump's Justice Department …
Discussion:
Fortune, Newsweek and The Guardian
Colby Smith / New York Times:
Fed Changes Course and Takes On Trump's Political Fight — The Justice Department's decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates.
Discussion:
Vox, Washington Examiner and RedState
NBC News:
Republican lawmakers speak out against the Justice Department's Federal Reserve investigation — Sen. Lisa Murkowski said that the investigation is “nothing more than an attempt at coercion” while Rep. French Hill warned that the probe would create “an unnecessary distraction.”
Discussion:
The Hill, Associated Press, Le·gal In·sur·rec·tion, The Independent and New Republic
William Kristol / The Bulwark:
Take the Masks Off — For his entire second term, Donald Trump has been grousing about Fed Chair Jerome Powell's resistance to cutting interest rates, but he has always stopped short of actually trying to run Powell out of office—until now. On Sunday, the Federal Reserve released a direct-to-camera video from Powell.
Politico:
Fed up — Good Monday morning. This is Jack Blanchard. Get in touch.
Discussion:
Fox News, Thom Tillis … and The Atlantic
Christopher Rugaber / Associated Press:
Why the Federal Reserve has historically been independent of the White House
Why the Federal Reserve has historically been independent of the White House
Discussion:
Wall Street Journal, The Guardian, Forbes, CBS News, The Virginian-Pilot, NewsMax.com, Associated Press, Bloomberg, The Hill, NOTUS, Al Jazeera and NewsNation
Jeff Cox / CNBC:
Greenspan, Bernanke, Yellen and other past officials say Trump using ‘prosecutorial attacks’ to undermine Fed
Greenspan, Bernanke, Yellen and other past officials say Trump using ‘prosecutorial attacks’ to undermine Fed
Discussion:
Newsweek and NewsMax.com
Max Zahn / ABC News:
Stocks fall after Trump's DOJ opens criminal probe into Fed Chair Powell
Stocks fall after Trump's DOJ opens criminal probe into Fed Chair Powell
Discussion:
Reuters, The Hill, Politico, Blue Virginia, New York Sun, NewsMax.com, CNBC, New York Post, The Daily Caller, Newsweek, France 24, CBS News, Mediaite and Fortune
New York Times:
Federal Prosecutors Open Investigation Into Fed Chair Powell
Federal Prosecutors Open Investigation Into Fed Chair Powell
Discussion:
CNBC, Associated Press, Wall Street Journal, Business Insider, Persuasion, The Guardian, Punchbowl News, Democracy Docket, Ace of Spades HQ, Media Matters for America, Talking Points Memo, Meidas+, NBC News, Washington Post, The Gateway Pundit, The Hill, Fortune, The Post Millennial, Atlantic Council, CNN, Mercury News, New York Magazine, Democrats, New York Post, Metro.co.uk, Raw Story, Drezner's World, Erick Erickson's Show Notes, MS NOW, Wonkette, New Jersey Online, New York Times, France 24, Bloomberg, Forbes, UPI, Axios, Mediaite, Reuters, Washington Examiner, The Independent and NewsMax.com
Bloomberg:
Bill Pulte Seen as Key Instigator Behind Powell Subpoena
Bill Pulte Seen as Key Instigator Behind Powell Subpoena
Discussion:
Associated Press, UPI, The Guardian, GV Wire, Salon, Townhall, Talking Points Memo, NewsMax.com, Raw Story, The Hill, Washingtonian, Executive Functions, Washington Times, France 24, Fortune, Newsweek, Business Insider, CBS News, Washington Examiner, Wall Street Journal, The Moderate Voice and Mediaite
Ian Millhiser / Vox:
Trump's war on the Federal Reserve heads to the Supreme Court next week
Trump's war on the Federal Reserve heads to the Supreme Court next week
Discussion:
Mother Jones
Jeff Cox / CNBC:
Yellen says Powell probe ‘extremely chilling’ for Fed independence, market should be concerned
Yellen says Powell probe ‘extremely chilling’ for Fed independence, market should be concerned
Discussion:
Axios, The Hill, New York Sun, Mediaite and Fox News
Carol Leonnig / MS NOW:
Trump DOJ fires prosecutor who declined to pursue James Comey case — The Justice Department has fired the No. 2 official in the U.S. attorney's office for the Eastern District of Virginia after he declined to lead the controversial prosecution of former FBI Director James Comey …
Discussion:
The Guardian, Mediaite and New Republic
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Maxine Joselow / New York Times:
E.P.A. to Stop Considering Lives Saved When Setting Rules on Air Pollution — In a reversal, the agency plans to calculate only the cost to industry when setting pollution limits, and not the monetary value of saving human lives, documents show. — For decades, the Environmental Protection Agency …
Discussion:
TechCrunch
Erica L. Green / New York Times:
Trump Says Civil Rights Led to White People Being ‘Very Badly Treated’ — President Trump's comments were a blunt distillation of his administration's racial politics, which rest on the belief that white people have become the real victims of discrimination in America.
Discussion:
Wonkette, Salon, NewsMax.com, The Independent, Crooks and Liars and al.com
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Jeffrey M. Jones / Gallup:
New High of 45% in U.S. Identify as Political Independents — More independents lean Democratic than Republican, giving Democrats edge in party affiliation for first time since 2021 — WASHINGTON, D.C. — A record-high 45% of U.S. adults identified as political independents in 2025 …
Discussion:
Washington Examiner, New York Magazine, RedState, NewsMax.com, Fox News, Semafor, New Jersey Online, The Hill, Newsweek and The Independent
Elena Schneider / Politico:
Former Rep. Mary Peltola jumps into Alaska Senate race … “Systemic change is the only way to bring down grocery costs, save our fisheries, lower energy prices and build new housing Alaskans can afford,” Peltola said. “It's about time Alaskans teach the rest of the country what Alaska First and, really, America First looks like.”
Discussion:
New York Times, Washington Examiner, Washington Post, NOTUS, RedState, Wall Street Journal, Semafor, New York Sun, The Hill, Inside Elections, UPI, The Guardian, Alaska Public Media, Newsweek, Associated Press, Fortune, Roll Call, Raw Story, Blaze Media, NBC News, The Daily Caller, ABC17NEWS, Axios, Bloomberg, The 19th and CBS News
Reece Rogers / Wired:
MacKenzie Scott Donates $45 Million to the Trevor Project — Jeff Bezos' ex-wife has made a donation to the LGBTQ+ advocacy group that the organization calls “transformational.” — On Monday, billionaire philanthropist MacKenzie Scott donated $45 million to The Trevor Project, a nonprofit that serves LGBTQ+ youth.
Discussion:
CBS News, Associated Press, The Trevor Project and Advocate
Noah Berlatsky / Public Notice:
Republicans in Congress show signs of life — PN is supported by paid subscribers. Become one ⬇️ — ✌️ Subscribe to PN ✌️ — The new year so far has been a miserable chronicle of democratic collapse and authoritarian brutality.
Discussion:
New Republic
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Jordain Carney / Politico:
This GOP senator says reviving Obamacare subsidies would be ‘putting America first’
This GOP senator says reviving Obamacare subsidies would be ‘putting America first’
Discussion:
Bloomberg, Reuters, NewsMax.com and Breitbart
Maya Kaufman / Politico:
Nearly 15,000 nurses go on strike at top New York City hospitals … “It is deeply offensive that they would rather use their billions to fight against their own nurses than settle a fair contract,” union president Nancy Hagans said in a statement. “Nurses do not want to strike, but our bosses have forced us out on strike.”
Janna Brancolini / The Daily Beast:
Trump, 79, Answers Simple Question With Bizarre Word Salad — WHAT KNOWS MEANS — The president dodged the question before giving a confused answer. — President Donald Trump gave a bizarre response to a simple question about what it would mean for the ICE agent who killed a woman in Minneapolis to be immune from prosecution.
Discussion:
Raw Story
Associated Press:
FBI: Suspect in Mississippi synagogue fire targeted house of worship because of its ‘Jewish ties’ — A suspect in an arson fire at a historic Mississippi synagogue admitted to targeting the house of worship because of its “Jewish ties” and was turned in to authorities by his father …
Discussion:
Associated Press, The Forward, Washington Post, ABC17NEWS, Bangor Daily News, Magnolia Tribune, New York Times, Lawyers, Guns & Money, KGW-TV, NPR, Fox News, UPI, The Daily Wire, Washington Examiner, CBS News, Los Angeles Times, The Daily Caller, Jewish Telegraphic Agency, New York Post, Mississippi Free Press, New York Sun and Jewish Insider
NBC News:
Sen. Mark Kelly sues Defense Secretary Pete Hegseth over efforts to reduce his military retirement rank — Hegseth said last week that the Pentagon was taking steps to downgrade Kelly's military retirement rank and pay after the senator urged service members not to follow illegal orders.
Discussion:
New York Daily News
New York Times:
Two Hours, Scores of Questions, 23,000 Words: Our Interview With President Trump — Four New York Times reporters pressed Mr. Trump about a range of topics in a nearly two-hour interview. Here is a transcript of their conversation. — President Trump spoke to four New York Times reporters …
Discussion:
The Hill, The Bulwark, Politico, New Jersey Online, New Republic, The Forward, Washington Examiner, Fox News and DEEPER LOOK …
Dell Cameron / Wired:
GoFundMe Ignores Own Rules by Hosting a Legal-Defense Fund for the ICE Agent Who Killed Renee Good — The fundraiser for the ICE agent in the Renee Good killing has stayed online in seeming breach of GoFundMe's own terms of service, prompting questions about selective enforcement.
Discussion:
We Got This Covered, NewsMax.com and The Gateway Pundit
Jill Lawrence / The Bulwark:
Embracing Impeachment — The case against Trump and his cabinet keeps growing—and the argument for waiting is no longer convincing. — THE TIME HAS COME to get serious about impeachment. Donald Trump himself expects it if Democrats win the House in this year's midterms, and we've already had previews.
Washington Post:
Trump is trying to change how the midterm elections are conducted … Five years ago, President Donald Trump pressured Republican county election officials, state lawmakers and members of Congress to find him votes after he lost his reelection bid. Now, he's seeking to change the rules before ballots are cast.
Discussion:
Raw Story
Jeet Heer / The Nation:
Renee Good's Killing Has Unleashed MAGA's Misogyny — To defend the indefensible, the right is going after white women as race traitors. — Pocket — The killing of 37-year-old mother of three Renee Good by ICE agent Jonathan Ross in Minneapolis last Wednesday has shocked the world …
Amy Knight / Wall Street Journal:
The U.S. Could Make 2026 Even Worse for Putin Than 2025 — The war in Ukraine has lasted as long as Soviet involvement in World War II, with no victory in sight. — Click for Sound — The year has started badly for Vladimir Putin. As of Sunday, the war in Ukraine has lasted as long …
Discussion:
NewsMax.com
Nick Niedzwiadek / Politico:
Labor secretary's top aides sidelined amid inspector general complaint … Han did not respond to a request for comment. Wright could not immediately be reached for comment. DOL declined to comment on personnel matters. — It is unclear who will help run Chavez-DeRemer's office in their absence …
Elizabeth Elkind / Fox News:
Trump's Greenland push escalates as GOP lawmaker moves to make it America's 51st state — Rep Randy Fine, who is introducing the bill on Monday, says he wants the US to acquire Greenland voluntarily — FIRST ON FOX: A House Republican is pushing for Greenland to become the country's 51st state …
Discussion:
Fine, RedState, Florida Politics, IJR and The Gateway Pundit
Joyce Vance / Civil Discourse with Joyce Vance:
The Week Ahead — Tonight's column is far longer than I like to run, perhaps the longest one ever. But please don't give up on it. Although I'd planned to write about developments we expect this week in various lawsuits, these are the times we live in. The situation with ICE is critical right now.
