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Key Players in Trump's attacks on the Fed

Key Players in Trump's attacks on the Fed

CNN2 days ago
Key players in Trump's attacks on the Fed
President Donald Trump's escalating pressure campaign to force Federal Reserve Chair Jerome Powell to lower rates reached new heights when he toured the Fed's $2.5 billion renovation last week. CNN's Phil Mattingly digs into the key allies aiding Trump's unprecedented power play.
03:21 - Source: CNN
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Key players in Trump's attacks on the Fed
President Donald Trump's escalating pressure campaign to force Federal Reserve Chair Jerome Powell to lower rates reached new heights when he toured the Fed's $2.5 billion renovation last week. CNN's Phil Mattingly digs into the key allies aiding Trump's unprecedented power play.
03:21 - Source: CNN
Bombshell admission in helicopter crash investigation
NTSB hearings to figure out what caused a deadly mid-air collision on January 29th between an Army helicopter and a commercial flight are underway. CNN's Pete Muntean reports on one of the significant revelations from the hearing.
00:54 - Source: CNN
Trump's tariff deadline looms over world economy
President Trump's self-imposed midnight deadline is rapidly approaching for countries to strike a trade framework with the United States or face significantly higher tariffs. In a new development today, President Donald Trump announced a 90-day pause on higher tariffs on Mexico.
01:26 - Source: CNN
Dozens injured on Delta flight
Severe turbulence struck a Delta flight from Salt Lake City to Amsterdam Wednesday, causing service carts and unbelted passengers to hit the ceiling and forcing an emergency landing in Minnesota, where 25 people on board were taken to hospitals.
01:01 - Source: CNN
Arrest made in Arkansas hiking murders
A man has been arrested in connection with the deaths of a married couple attacked and killed while hiking with their two young daughters at a state park in the Ozark Mountains, according to the Arkansas State Police.
00:45 - Source: CNN
US diminished a key weapons stockpile fighting Iran
The US used about a quarter of its supply of high-end missile interceptors during the Israel-Iran war, exposing a gap in supplies, and raising concerns about US global security posture. CNN's Tamara Qiblawi reports.
01:35 - Source: CNN
Pilot safe after navy fighter jet crash
A US Navy F-35 fighter jet crashed in central California, according to the Navy. The pilot ejected safely, and the cause of the crash is under investigation.
00:41 - Source: CNN
Carney says Canada will recognize Palestinian state
Canadian Prime Minister Mark Carney has joined France and Britain in announcing plans to recognize a Palestinian state in September at the United Nations, as international pressure builds on Israel over the ongoing war and starvation crisis in Gaza. President Donald Trump reacted to the announcement by threatening to derail trade talks with Canada.
00:30 - Source: CNN
Jury finds James Craig guilty of first-degree murder
A jury has found Colorado dentist James Craig guilty of all charges in the March 2023 death of his wife Angela, including murder in the first degree. He now faces life in prison without the possibility of parole.
02:38 - Source: CNN
How an earthquake causes a tsunami
A massive 8.8 magnitude earthquake that struck off Russia's east coast is tied for the sixth strongest ever recorded. Tsunami warnings were issued across the Pacific. CNN Meteorologist Chris Warren explains how an earthquake turns into a tsunami.
01:16 - Source: CNN
Police release new images of the gun used in the Midtown Manhattan shooting
Photos released by the New York City Police Department show the assault-style rifle 27-year-old Shane Devon Tamura used to fatally shoot four people – including a police officer – and wound one before killing himself in Midtown Manhattan.
00:52 - Source: CNN
8.8 magnitude earthquake has effects across the globe
An 8.8 magnitude earthquake in Russia's Far East raised tsunami alerts in Japan, Alaska, Hawaii and along the US West Coast. The tsunami warning for the state of Hawaii has been downgraded to an advisory. Authorities continue to monitor conditions and urge returning residents to remain vigilant. This quake is tied for the sixth strongest ever recorded.
00:39 - Source: CNN
Tsunami warnings triggered after major earthquake
The strongest earthquake on the planet since 2011 has triggered tsunami warnings for parts of Russia, Japan, and Alaska, as well as all of Hawaii. CNN's Will Ripley reports on the 8.8-magnitude quake.
00:41 - Source: CNN
Delta announces generative AI ticketing
CNN Business editor-at-large Richard Quest breaks down Delta's announcement that the airline will deploy large-scale, advanced artificial intelligence towards ticket pricing — and what that means for the price of your next flight.
01:31 - Source: CNN
Therapist treating Epstein victims says Trump's language 'dehumanizes'
CNN's John Berman speaks with Randee Kogan, a therapist for victims of Jeffrey Epstein, about President Donald Trump saying Epstein "stole people that worked for me" and possibly pardoning Epstein accomplice Ghislaine Maxwell.
01:12 - Source: CNN
Ghislaine Maxwell's attorneys lay out conditions to be met before she gives testimony to Congress
Jeffrey Epstein accomplice Ghislaine Maxwell has offered to testify before Congress, but with major conditions, including immunity. CNN's Kaitlan Collins breaks down the list of demands sent to the House Oversight Committee by her attorneys.
01:20 - Source: CNN
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Trump weighs in on American Eagle's Sydney Sweeney ad
Trump weighs in on American Eagle's Sydney Sweeney ad

USA Today

time28 minutes ago

  • USA Today

Trump weighs in on American Eagle's Sydney Sweeney ad

President Donald Trump is entering the national debate surrounding American Eagle's Sydney Sweeney ad. In a Newsmax interview Friday, Aug. 1 with host Rob Finnerty, Trump was asked about the "Euphoria" actress starring in the clothing retailer's fall 2025 denim ad campaign that some critics saw as a veiled attempt to endorse eugenics. Eugenics is a highly controversial (and discredited) set of beliefs that the human population can improve or advance itself through selective breeding. "Sydney Sweeney, an actress was in an ad for blue jeans. The ad is doing very well, it's very popular. The jeans have sold out. Does America need to see more ads like that and maybe fewer ads with people like Dylan Mulvaney on the cover?" Finnerty asked, referring to the controversial 2023 Bud Light campaign starring the transgender TikTok star which elicited criticism from certain groups. Trump addresses Diddy pardon decision, but questions remain Trump said that "advertising's a very funny thing," telling Finnerty that "I've done ads where I thought they were lousy, and they turned out to be iconic. And then I've done some that I thought were beauties that were going to be fantastic and they weren't so good, so to each his own." Before addressing his thoughts on advertising, Trump told the conservative cable host earlier in the interview that "I think the Dylan Mulvaney ad was perhaps the most unsuccessful ad in history. It knocked $35 billion off the value of a certain company if you know what I'm talking about." Trump continued: "(The Mulvaney ad) was one of the great disasters of all time. I would say that's probably the most unsuccessful ad, worst ad ever." It is unclear what exact $35 billion valuation the president is talking about, but sales for Bud Light – owned by Anheuser-Busch – tanked after the backlash began. American Eagle breaks silence on Sydney Sweeney jeans ad controversy Why is the 'Sydney Sweeney has great jeans' ad sparking backlash? The Sweeney ad has been the subject of both online praise and anger for over a week. On July 23, the brand launched the new campaign starring Sweeney, which American Eagle originally described as "a return to essential denim dressing," with Sweeney sporting 1970s-style flare jeans paired with a denim jacket. In one of several videos for the campaign, Sweeney, clad in a denim-on-denim fit, dabbles in some word-play, telling cameras: "Genes are passed down from parents to offspring, often determining traits like hair color, personality and even eye color." "My jeans are blue," Sweeney said in the video. Each promotional video ends with the tagline, "Sydney Sweeney has great jeans." The Trump comments aired the same day that American Eagle broke its silence on the backlash and doubled down in an Instagram post following days of discourse about the Sweeney ad blitz. "'Sydney Sweeney Has Great Jeans' is and always was about the jeans. Her jeans. Her story. We'll continue to celebrate how everyone wears their AE jeans with confidence, their way," the statement read. "Great jeans look good on everyone." Contributing: Anna Kaufman, Nicole Fallert

Office of Special Counsel says it's opened Hatch Act probe of Jack Smith

time29 minutes ago

Office of Special Counsel says it's opened Hatch Act probe of Jack Smith

The U.S. Office of Special Counsel confirmed Saturday that it has opened an investigation into former Special Counsel Jack Smith and whether he violated the Hatch Act through his criminal investigations into President Donald Trump. The investigation follows a referral from Republican Sen. Tom Cotton of Arkansas earlier this week that asked the OSC to investigate Smith for his investigative and prosecutorial activities prior to the 2024 election which Cotton argued were intended to harm Trump's political prospects. Both Smith and former Attorney General Merrick Garland repeatedly maintained prior to departing office that none of the actions taken in either the classified documents investigation or the probe of Trump's efforts to subvert his 2020 election loss were driven by politics. A spokesperson for Smith's attorneys did not immediately respond to a request for comment Saturday on the OSC probe. The OSC is an independent agency that is not empowered to investigate criminal matters - it is separate from the Special Counsel post that Smith formerly served in under the Justice Department. OSC primarily operates as an agency to assist government whistleblowers in reporting allegations of waste or wrongdoing, and also enforces the Hatch Act which places restrictions of government employees from engaging in partisan political activities. It's unclear what course of action the OSC would even have to take against Smith if its investigation did determine he violated the Hatch Act, given Smith is no longer a government employee. While it could refer its findings to DOJ, the department has already publicly said that it is investigating Smith and other prosecutors who pursued Trump through its so-called "Weaponization Working Group" that is being led by former interim DC U.S. attorney Ed Martin. The announcement of the investigation also comes as the administration has found itself under increased scrutiny over its handling of the release of filings relating to deceased sex offender Jeffrey Epstein — with top officials from across the administration appearing eager to change the subject.

Agency Scrutinizes Jack Smith After Republican Complaint
Agency Scrutinizes Jack Smith After Republican Complaint

New York Times

time29 minutes ago

  • New York Times

Agency Scrutinizes Jack Smith After Republican Complaint

An agency that scrutinizes the conduct of federal employees has opened an investigation into Jack Smith, the former special counsel who investigated Donald J. Trump before he returned to office, following a request by a Republican senator. The Office of Special Counsel confirmed on Saturday that it had opened an investigation into Mr. Smith for a possible violation of the Hatch Act, a law that prohibits federal workers from using their government jobs to engage in political activity. Senator Tom Cotton, Republican of Arkansas, had asked the agency to investigate on the premise that some of Mr. Smith's actions, such as seeking quick trial dates in the two criminal cases against Mr. Trump, were designed to influence the 2024 election. The investigation, which was first reported by The New York Post, is unusual in several respects. First, the most severe penalty possible for a Hatch Act violation is dismissal from federal employment, and Mr. Smith left the government at the start of the year. Second, the type of prosecutorial decisions criticized by Mr. Cotton, Mr. Trump and others are far different from the type of cases the O.S.C. typically handles. The office traditionally investigates and addresses violations of federal rules about the civil service. The investigation comes at a time when lawyers representing fired or demoted federal employees have complained that under Mr. Trump, the O.S.C. is not fulfilling its traditional role. In February, the president dismissed the agency's head, Hampton Dellinger, despite a federal law saying that person can only be fired for 'inefficiency, neglect of duty or malfeasance in office.' At the time, Mr. Dellinger had been arguing for the reinstatement of thousands of probationary workers who had been fired by the new administration.

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