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The U.S. attorney's office in the District of Columbia has opened a criminal investigation into Jerome H. Powell, the Federal Reserve chair, over the central bank's renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project, according to officials briefed on the situation. The inquiry, which includes an analysis of Mr. Powell's public statements and an examination of spending records, was approved in November by Jeanine Pirro, a longtime ally of President Trump who was appointed to run the office last year, the officials said.

U.S. President Donald Trump's administration has ramped up its pressure campaign on the Federal Reserve, threatening to indict Chair Jerome Powell over comments to Congress about a building renovation project, an action Powell called a "pretext" to gain more influence over interest rates Trump wants cut dramatically. The latest development in a long-running effort by Trump for greater control over the Fed had immediate fallout, with Republican Senator Thom Tillis, a member of the Senate Banking Committee that vets Presidential nominees for the Fed, saying the threatened indictment puts the Department of Justice's "independence and credibility" in question. Tillis said he would oppose any Trump nominees to the Fed, including the coming choice of successor to Powell as chair, "until this legal matter is fully resolved."

The U.S. attorney's office for the District of Columbia has opened a criminal investigation into Federal Reserve Chair Jerome Powell, focusing on the renovation of the central bank's Washington headquarters and whether he was truthful in his congressional testimony about the project. Officials told The New York Times, which was first to report the probe, that it centers on whether Powell accurately characterized the scope and cost of the renovation during congressional appearances.

The full implications of President Trump's decision to arrest Venezuelan dictator Nicolas Maduro will likely take months or years to play out. But we do know the public is deeply divided over the mission and concerned for what the endgame is for Venezuela. Indeed, polling conducted after the news broke underscores these divisions and exposes these concerns. Overall, Americans are virtually split, with 48 percent approving of the U.S. military removing Maduro and 52 percent disapproving, per CBS News polling.

Steve Bannon is reportedly considering a run for the presidency in 2028. The ex-White House strategist and War Room podcast host has denied the rumour, claiming instead to be focused on enabling a third Trump term. However, allies have told Axios that he is quietly assembling the staff and campaign infrastructure needed to mount a bid for the top job.

Rep. Marjorie Taylor Greene criticized President Trump's threat that the U.S. would intervene in Iran if its government targets protesters, slamming his comment as "everything we voted against." Ms. Greene, Georgia Republican, has had a very public falling out with the president after being one of his top supporters and allies. She announced late last year that she will resign from her House seat in early January.

"Tremendous artistry." The post The songwriter Iggy Pop said was out of everyone’s league first appeared on Far Out Magazine.