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7:15 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.”
Politico:
DOJ opens probe into Fed's Powell, drawing backlash from lawmakers … “This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings,” he added in a video message.  “It is not about Congress's oversight role; the Fed, through testimony …
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:
New York Times:
As Death Toll Surges in Iran, Leaders Take Tough Line Against Protesters  —  Despite an internet blackout, reports are emerging of a rise in deadly violence as protests spurred by economic woes have snowballed into a mass movement.  —  A severe crackdown in Iran on protesters challenging …
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: Paul Krugman, Raw Story and CNBC
RELATED:
Bloomberg:   Trump Says He's Inclined to Exclude Exxon From Venezuela
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:
Financial Times:
Gold hits record high on worries over Fed independence  —  Dollar weakens and Wall Street futures fall after US prosecutors launch criminal investigation into chair Jay Powell  —  Gold rose to a record high and the dollar and Wall Street futures fell on Monday after US prosecutors launched …
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:
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
Raquel Coronell Uribe / NBC News:
National Portrait Gallery makes changes to Trump part of 'America's Presidents' exhibit  —  The new photo was taken by White House photographer Daniel Torok, a museum spokesperson said.  —  The Smithsonian's National Portrait Gallery has replaced a photo of President Donald Trump and reportedly …
Discussion: Washington Post
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
RELATED:
Stuart Anderson / Forbes:   The U.S.-Born Unemployment Rate Rose After Trump Reduced Immigration
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.
RELATED:
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 …
Heather Cox Richardson / Letters from an American:
January 11, 2026  —  The news has seemed to move more and more quickly in the last week.  —  The story underlying all others is that the United States Congress passed a law requiring the Department of Justice to release all the Epstein files—the files from the Federal Bureau …
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.
Discussion: Washington Post
ABC News:
‘This Week’ Transcript 1-11-26: Sen. Tina Smith & Sen. Rand Paul  —  In this June 10, 2025, file photo, Sen. Tina Smith speaks to reporters following the weekly Democratic policy luncheon at the U.S. Capitol Building in Washington, DC. … (COMMERCIAL BREAK)
Discussion: NewsMax.com and RealClearPolitics
RELATED:
Avery Lotz / Axios:
Noem defiant, vows more ICE agents as Dems allege coverup
Discussion: New York Times, CNN and Breitbart
Associated Press:
Protesters try to attack driver after truck speeds through anti-Iran demonstration in Los Angeles  —  The U-Haul truck, with its side mirrors shattered, was stopped several blocks away and surrounded by police cars.  Two people were evaluated by paramedics and both declined treatment, the Los Angeles Fire Department said.
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 …
 
 
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 More Items: 
Sophie Gardner / Politico:
RFK Jr.'s theories about vaccines are about to be tested
Steve Schmidt / The Warning with Steve Schmidt:
Stephen Miller and the ICE Nazis
Discussion: Raw Story and Mediaite
Julie Tsirkin / NBC News:
Trump threatened GOP senators who voted for War Powers resolution in ‘angry’ calls
Discussion: Bloomberg and Al Jazeera
 Earlier Items: 
Tyler Pager / New York Times:
'I Think We Don't Like Them': Trump Says MAGA Has No Room for Antisemites
Discussion: Breitbart
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
The Guardian:
‘Add blood, forced smile’: how Grok's nudification tool went viral
Franklin Foer / The Atlantic:
The Purged  —  The purge began late Friday night, four days after Donald Trump returned to the White House.
 

 
From Techmeme:

Jack Queen / Reuters:
Anthropic sues to block the DOD from designating it a supply chain risk, says the designation is unlawful and violates its free speech and due process rights

David Gewirtz / ZDNET:
Anthropic debuts Code Review for Claude Code, which uses agents to check pull requests for bugs, and says a code review could average $15-$25 in token usage

Charles Lamanna / Microsoft 365 Blog:
Microsoft launches Copilot Cowork, integrating Anthropic's Claude Cowork tech into Microsoft 365 Copilot and using Work IQ to ground its actions in work data

 
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