Federal Reserve Chair Kevin Warsh said inflation remains above the Fed’s 2% target, leading markets to raise expectations for a possible September rate hike. He also signaled a move away from detailed forward guidance and discussed the economic effects of artificial intelligence.
Posts published in “US”
A federal judge issued a 14-day pause on Trump administration mail voting rules that would require states to submit voter lists and use specific ballot formats. The order comes about a week before the first midterm mail ballots are due to be sent.
Fed Chair Kevin Warsh will deliver his first major Jackson Hole speech as investors seek clarity on inflation, interest rates and bond market turmoil. Inflation remains above the Fed’s 2% target, while Warsh has resisted offering a detailed policy roadmap.
Three fired Stars and Stripes journalists sued Defense Secretary Pete Hegseth and other Pentagon officials, alleging illegal retaliation and censorship. The lawsuit says the dismissals followed CBS News interviews defending editorial independence and a report on harsh conditions aboard the USS Abraham Lincoln.
Christian Castro, a former ICE officer charged in a nonfatal shooting during a Minnesota immigration raid, was released from a Texas jail after the state’s 90-day extradition holding period expired. A federal judge refused to order Texas Gov. Greg Abbott to approve Castro’s return to Minnesota.
A Piper PA-24 traveling from Anchorage to Seldovia crashed into the Seldovia Slough, killing all four adults on board. The NTSB is investigating the cause of the crash.
A military judge ruled that Khalid Sheikh Mohammed and three co-defendants will stand trial on June 5, 2028, in the Sept. 11 attacks case. The date comes after a federal appeals court rejected a plea deal that would have spared Mohammed the risk of execution.
Three pro-Israel Democrats have been appointed to influential House Foreign Affairs Committee roles, prompting backlash from progressives and Muslim advocates. The move comes as polling shows declining U.S. support for Israel, especially among Democratic and younger voters.