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Wall street investors react to Trump-Powell squabble
Wall street investors react to Trump-Powell squabble

CNN

time5 days ago

  • Business
  • CNN

Wall street investors react to Trump-Powell squabble

'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Automated CNN Shorts 10 videos 'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Taiwanese TV drama shows what a Chinese invasion could look like Taiwan is gearing up for another election – this time to unseat 'pro-China' lawmakers. The vote could break the political gridlock the island is in, with disagreements turning into brawls in the parliament, hampering Taiwan President Lai Ching-te's ability to push forward his agenda that addresses key US concerns over Taiwan. The vote comes after the premier of Zero Day, a TV series which dramatizes what it could look like if China were to attack Taiwan, told from a Taiwanese perspective, and Taiwan's biggest military drill and civil defense exercise. CNN's Will Ripley breaks all of it down. 02:15 - Source: CNN American woman who funneled $17M to North Korea sentenced to jail An American woman was sentenced to 8.5 years in prison for helping North Korean operatives infiltrate American companies. Christina Chapman previously pled guilty to conspiracy to commit wire fraud, aggravated identity theft and conspiracy to launder monetary instruments. This is the latest in a series of charges and indictments related to the North Korean IT worker scheme in which North Korean operatives seek IT jobs at American companies to generate revenue for the regime and its nuclear program. 01:15 - Source: CNN Video shows Thai drones dropping bombs at Thailand-Cambodia border Thailand releases video of drones bombing military targets in Cambodia, as the border conflict between the nations stretches into another day. 00:37 - Source: CNN Macron says France will recognize a Palestinian state French President Emmanuel Macron said France will recognize a Palestinian state in an announcement to the United Nations General Assembly in September. Israeli Prime Minister Benjamin Netanyahu has condemned the decision saying it 'rewards terror and risks creating another Iranian proxy, just as Gaza became.' 00:48 - Source: CNN How Hulk Hogan's historic lawsuit changed the face of media CNN's Chief Media Analyst Brian Stelter breaks down how a lawsuit brought by Hulk Hogan against the blog Gawker forever changed the media industry. The case, which was filed after Gawker published Hogan's sex tape, set the stage for a slew of A-list celebrities filing blockbuster lawsuits against media companies. 02:04 - Source: CNN Before and after photos show Trump's redesign of Rose Garden Before and after photos show the dramatic changes the Trump administration is making to the White House Rose Garden, including paving over the lawn. The garden has undergone several renovations since its creation by First Lady Ellen Wilson in 1913. 00:59 - Source: CNN Scientist unexpectedly finds shark devouring another shark Wildlife biologist Forrest Galante came across a rare instance of female spotted wobbegong devouring a young male shark in New South Wales, Australia. Discovery and CNN share a corporate parent, Warner Bros. Discovery. Catch Shark Week on Discovery all week long. 01:22 - Source: CNN All five acquitted in Hockey Canada sexual assault trial Within minutes of starting to read her verdict, the words of Justice Maria Carroccia resonated across Canada as she bluntly assessed that, 'I do not find the evidence of E.M. to be either credible or reliable.' Five professional hockey players -- Michael McLeod, Cal Foote, Carter Hart, Dillon Dube and Alex Formenton -- were all acquitted on Thursday, according to the Associated Press, on charges of sexual assault in connection with a June 2018 incident at a hotel room in London, Ontario, when they were members of the country's World Juniors hockey team. 01:19 - Source: CNN Palestinian Authority Prime Minister slams Israel for hunger crisis In an exclusive interview with CNN's Christiane Amanpour, Palestinian Authority Prime Minister Mohammad Mustafa reacts to Israeli government spokesperson David Mencer's assertion that 'there is no famine caused by Israel.' The government has denied responsibility and accuses Hamas of 'engineering' food shortages. 01:21 - Source: CNN

Wall street investors react to Trump-Powell squabble
Wall street investors react to Trump-Powell squabble

CNN

time5 days ago

  • Entertainment
  • CNN

Wall street investors react to Trump-Powell squabble

'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Automated CNN Shorts 11 videos 'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Macron says France will recognize a Palestinian state French President Emmanuel Macron said France will recognize a Palestinian state in an announcement to the United Nations General Assembly in September. Israeli Prime Minister Benjamin Netanyahu has condemned the decision saying it 'rewards terror and risks creating another Iranian proxy, just as Gaza became.' 00:48 - Source: CNN How Hulk Hogan's historic lawsuit changed the face of media CNN's Chief Media Analyst Brian Stelter breaks down how a lawsuit brought by Hulk Hogan against the blog Gawker forever changed the media industry. The case, which was filed after Gawker published Hogan's sex tape, set the stage for a slew of A-list celebrities filing blockbuster lawsuits against media companies. 02:04 - Source: CNN Before and after photos show Trump's redesign of Rose Garden Before and after photos show the dramatic changes the Trump administration is making to the White House Rose Garden, including paving over the lawn. The garden has undergone several renovations since its creation by First Lady Ellen Wilson in 1913. 00:59 - Source: CNN Scientist unexpectedly finds shark devouring another shark Wildlife biologist Forrest Galante came across a rare instance of female spotted wobbegong devouring a young male shark in New South Wales, Australia. Discovery and CNN share a corporate parent, Warner Bros. Discovery. Catch Shark Week on Discovery all week long. 01:22 - Source: CNN All five acquitted in Hockey Canada sexual assault trial Within minutes of starting to read her verdict, the words of Justice Maria Carroccia resonated across Canada as she bluntly assessed that, 'I do not find the evidence of E.M. to be either credible or reliable.' Five professional hockey players -- Michael McLeod, Cal Foote, Carter Hart, Dillon Dube and Alex Formenton -- were all acquitted on Thursday, according to the Associated Press, on charges of sexual assault in connection with a June 2018 incident at a hotel room in London, Ontario, when they were members of the country's World Juniors hockey team. 01:19 - Source: CNN Palestinian Authority Prime Minister slams Israel for hunger crisis In an exclusive interview with CNN's Christiane Amanpour, Palestinian Authority Prime Minister Mohammad Mustafa reacts to Israeli government spokesperson David Mencer's assertion that 'there is no famine caused by Israel.' The government has denied responsibility and accuses Hamas of 'engineering' food shortages. 01:21 - Source: CNN Controversy over the Fed's renovation, explained The White House has seized on the Federal Reserve's $2.5 billion construction project as a potential legal opening to oust Fed Chair Jerome Powell. The renovation has become a new line of attack from President Trump, who has railed against Powell for not lowering interest rates enough. 02:18 - Source: CNN Trump and Powell clash over renovation costs at Federal Reserve President Donald Trump had an awkward exchange with Fed Chair Jerome Powell over the price of the Federal Reserve's $2.5 billion renovation. 00:49 - Source: CNN Detainees released from mega-prison CECOT An estimated 252 Venezuelans who had been imprisoned at the CECOT prison in March were released and returned to their home country in exchange for 10 US nationals and dozens of Venezuelan political prisoners, US officials said. Detainees celebrated their arrival home but also spoke about the conditions they faced - causing the Venezuelan government to open a formal investigation into several Salvadoran officials, including President Nayib Bukele, over the alleged abuse of Venezuelan migrants deported from the US. 01:42 - Source: CNN Anne Burrell's death ruled a suicide Anne Burrell, who was best known as one of the Food Network's most popular stars, has died. Her death has been ruled a suicide. Burrell appeared on 'Worst Cooks in America,' 'Iron Chef America,' 'Chef Wanted with Anne Burrell' and 'The Best Thing I Ever Ate,' among many others. 00:24 - Source: CNN

Wall street investors react to Trump-Powell squabble
Wall street investors react to Trump-Powell squabble

CNN

time5 days ago

  • Entertainment
  • CNN

Wall street investors react to Trump-Powell squabble

'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Automated CNN Shorts 11 videos 'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Macron says France will recognize a Palestinian state French President Emmanuel Macron said France will recognize a Palestinian state in an announcement to the United Nations General Assembly in September. Israeli Prime Minister Benjamin Netanyahu has condemned the decision saying it 'rewards terror and risks creating another Iranian proxy, just as Gaza became.' 00:48 - Source: CNN How Hulk Hogan's historic lawsuit changed the face of media CNN's Chief Media Analyst Brian Stelter breaks down how a lawsuit brought by Hulk Hogan against the blog Gawker forever changed the media industry. The case, which was filed after Gawker published Hogan's sex tape, set the stage for a slew of A-list celebrities filing blockbuster lawsuits against media companies. 02:04 - Source: CNN Before and after photos show Trump's redesign of Rose Garden Before and after photos show the dramatic changes the Trump administration is making to the White House Rose Garden, including paving over the lawn. The garden has undergone several renovations since its creation by First Lady Ellen Wilson in 1913. 00:59 - Source: CNN Scientist unexpectedly finds shark devouring another shark Wildlife biologist Forrest Galante came across a rare instance of female spotted wobbegong devouring a young male shark in New South Wales, Australia. Discovery and CNN share a corporate parent, Warner Bros. Discovery. Catch Shark Week on Discovery all week long. 01:22 - Source: CNN All five acquitted in Hockey Canada sexual assault trial Within minutes of starting to read her verdict, the words of Justice Maria Carroccia resonated across Canada as she bluntly assessed that, 'I do not find the evidence of E.M. to be either credible or reliable.' Five professional hockey players -- Michael McLeod, Cal Foote, Carter Hart, Dillon Dube and Alex Formenton -- were all acquitted on Thursday, according to the Associated Press, on charges of sexual assault in connection with a June 2018 incident at a hotel room in London, Ontario, when they were members of the country's World Juniors hockey team. 01:19 - Source: CNN Palestinian Authority Prime Minister slams Israel for hunger crisis In an exclusive interview with CNN's Christiane Amanpour, Palestinian Authority Prime Minister Mohammad Mustafa reacts to Israeli government spokesperson David Mencer's assertion that 'there is no famine caused by Israel.' The government has denied responsibility and accuses Hamas of 'engineering' food shortages. 01:21 - Source: CNN Controversy over the Fed's renovation, explained The White House has seized on the Federal Reserve's $2.5 billion construction project as a potential legal opening to oust Fed Chair Jerome Powell. The renovation has become a new line of attack from President Trump, who has railed against Powell for not lowering interest rates enough. 02:18 - Source: CNN Trump and Powell clash over renovation costs at Federal Reserve President Donald Trump had an awkward exchange with Fed Chair Jerome Powell over the price of the Federal Reserve's $2.5 billion renovation. 00:49 - Source: CNN Detainees released from mega-prison CECOT An estimated 252 Venezuelans who had been imprisoned at the CECOT prison in March were released and returned to their home country in exchange for 10 US nationals and dozens of Venezuelan political prisoners, US officials said. Detainees celebrated their arrival home but also spoke about the conditions they faced - causing the Venezuelan government to open a formal investigation into several Salvadoran officials, including President Nayib Bukele, over the alleged abuse of Venezuelan migrants deported from the US. 01:42 - Source: CNN Anne Burrell's death ruled a suicide Anne Burrell, who was best known as one of the Food Network's most popular stars, has died. Her death has been ruled a suicide. Burrell appeared on 'Worst Cooks in America,' 'Iron Chef America,' 'Chef Wanted with Anne Burrell' and 'The Best Thing I Ever Ate,' among many others. 00:24 - Source: CNN

DOJ sues California over alleged Title IX violations on trans athletes
DOJ sues California over alleged Title IX violations on trans athletes

The Hill

time09-07-2025

  • Politics
  • The Hill

DOJ sues California over alleged Title IX violations on trans athletes

The Justice Department on Wednesday took legal action against California over the state's refusal to comply with orders from the Trump administration to ban transgender girls from girls' school sports teams. The department's Civil Rights Division sued the California Department of Education and the California Interscholastic Federation (CIF), which oversees high school sports in the state, over what it said was a pattern of 'illegal sex discrimination against female student athletes.' Either agency has declined to bar transgender student-athletes from competing in line with their gender identity despite repeated warnings from the White House and a personal threat to the state's 'large scale federal funding' from President Trump. Investigations launched earlier this year by the U.S. Department of Education's Office for Civil Rights (OCR) found both the state Education Department and the CIF in violation of Title IX, the federal law against sex discrimination in schools that the Trump administration has said prohibits trans athletes from participating in girls' and women's sports. An executive order Trump signed in February states the U.S. opposes 'male competitive participation in women's sports' and that allowing transgender student-athletes to compete in female sports violates Title IX's promise of equal athletic opportunity. California's Department of Education and the CIF had until July 7 to sign a proposed resolution agreement with OCR that would have required public schools across the state to kick transgender girls off girls' sports teams and strip them of their athletic titles and records. Cisgender girls who competed against trans student-athletes would have been sent personal apology letters, according to the proposal. On Monday, both the state Education Department and the CIF said they would not sign OCR's resolution agreement. Len Garfinkel, general counsel for California's Department of Education, wrote in a brief communication that the department 'respectfully disagrees with OCR's analysis' that it broke federal law. A 2013 state law signed by former Gov. Jerry Brown (D) explicitly protects the right of transgender students to compete on teams that match their gender identity. The Justice Department announced in May that it is investigating whether that law conflicts with Title IX. Representatives for California's Department of Education and the CIF did not immediately return requests for comment on Wednesday's lawsuit. A spokesperson for Democratic Gov. Gavin Newsom, who has clashed publicly with Trump over the president's threats to the state's funding and recent immigration raids in Los Angeles, did not respond to a request for comment. In the debut episode of his podcast, 'This is Gavin Newsom,' in March, Newsom said he found transgender athletes in girls' and women's sports 'deeply unfair,' breaking with most other elected Democrats. At a press conference in Modesto, Calif., the following month, Newsom, a likely contender for the 2028 Democratic presidential nomination, said he would be 'open' to a conversation about limiting trans athletes' participation if it were conducted 'in a way that's respectful and responsible and could find a kind of balance.' Republican lawmakers and Trump administration officials have latched onto Newsom's comments about trans athletes, demanding the governor stand on his beliefs and act against their participation. Education Secretary Linda McMahon called Newsom's remarks 'empty political grandstanding' on Monday after California's Education Department and the CIF declined to sign OCR's proposed resolution agreement. 'The Governor of California has previously admitted that it is 'deeply unfair' to force women and girls to compete with men and boys in competitive sports,' Attorney General Pam Bondi said in announcing Wednesday's lawsuit. 'But not only is it 'deeply unfair,' it is also illegal under federal law.' Since Trump's return to office in January, the administration has aggressively pursued the issue of trans athletes, launching investigations into more than two dozen states, school districts, athletic associations and colleges and universities. The University of Pennsylvania last week agreed to bar transgender athletes from its women's sports teams and remove individual women's swimming records set by Lia Thomas, a former student and the first trans woman to win an NCAA Division I championship in 2022. In a letter addressed to the Penn community, J. Larry Jameson, the university's president, wrote that refusing to sign the administration's agreement 'could have had significant and lasting implications for the University of Pennsylvania.' The Trump administration previously suspended $175 million in federal contracts awarded to Penn. That money was released to the school after it signed the agreement. The Justice Department has also taken legal action against Maine over its refusal to ban transgender girls from participating in girls' school sports. Democratic Gov. Janet Mills called the suit 'an unprecedented campaign to pressure the State of Maine to ignore the Constitution and abandon the rule of law.' In April, Minnesota Attorney General Keith Ellison (D) sued Trump and Bondi over threats to that state's federal funding if it did not comply with Trump's order to bar transgender students from participating on teams that match their gender identity.

California rejects Trump demand to ban trans athletes
California rejects Trump demand to ban trans athletes

The Hill

time08-07-2025

  • Politics
  • The Hill

California rejects Trump demand to ban trans athletes

California education officials have formally rejected the Trump administration's demand to bar transgender girls from girls' school sports teams, escalating tensions between the Golden State and the White House. The state's Department of Education on Monday declined to sign a proposed resolution agreement with the administration that would have required it to instruct schools across California to ban trans girls from girls' sports; adopt 'biology-based' definitions of the terms 'male' and 'female;' strip transgender female athletes of their titles and records and apologize to cisgender girls for allowing their educational experiences 'to be marred by sex discrimination.' The U.S. Department of Education's Office for Civil Rights (OCR) sent the proposal to California's Education Department and the California Interscholastic Federation (CIF), which oversees high school sports in the state, late last month following investigations that concluded the agencies were violating Title IX, the federal law against sex discrimination in schools. President Trump's administration has argued since his return to power in January that Title IX prohibits schools from allowing transgender student-athletes to compete on girls' and women's sports teams. At a signing ceremony for a February executive order opposing their participation, Trump said he was putting schools that refuse to kick trans girls off girls' sports teams 'on notice' and threatened their funding. He took explicit aim at California in May, writing on Truth Social that he would pull 'large scale federal funding' from the state if it did not take immediate action to prevent a transgender 16-year-old from competing in a state high school track-and-field championship meet later that month. State officials refused, and the student shared the second- and first-place podiums with other girls at the state finals in Clovis, Calif., in June, after the CIF changed its competition rules to allow additional students to compete and medal in events where she qualified. In a brief communication to OCR on Monday, California Education Department General Counsel Len Garfinkel wrote that the department 'respectfully disagrees with OCR's analysis, and it will not sign the proposed resolution agreement.' In a separate letter, Diane Marshall-Freeman, general counsel to the CIF, said the organization would also not sign the proposed agreement. Education Secretary Linda McMahon, who posted screenshots of both letters on her official X account, criticized the responses and said earlier comments by California Gov. Gavin Newsom (D) expressing some reservations about allowing transgender girls to compete against and alongside cisgender girls were 'empty political grandstanding.' The California governor and likely contender for the 2028 Democratic presidential nomination said during a March episode of his podcast, 'This is Gavin Newsom,' that he found transgender athletes participating in girls' and women's athletics 'deeply unfair.' He told reporters the following month that he would be 'open' to a conversation about limiting trans athletes' participation if it were conducted 'in a way that's respectful and responsible and could find a kind of balance.' McMahon said on Tuesday that Newsom would soon hear from Attorney General Pam Bondi, emphasizing a provision in the proposed resolution agreement that California's Education Department and the CIF would face 'imminent enforcement action,' including by the Justice Department, if an agreement were not reached by July 7. A spokesperson for Newsom did not immediately return a request for comment. The Department of Justice is already investigating whether a 2013 California law protecting the right of transgender student-athletes to participate in sports consistent with their gender identity violates Title IX. California's refusal to comply with the administration's demands to ban trans students from girls' and women's sports comes days after the University of Pennsylvania agreed to do so following a similar OCR investigation. The school, Trump's alma mater, also agreed to remove from its leaderboard individual women's swimming records set by Lia Thomas, a former student and the first transgender woman to win an NCAA Division I national championship. For months, the Trump administration has been locked in a battle over transgender athletes' participation in Maine, which, like California, has refused to ban trans girls from girls' school sports despite the White House's demands.

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