DOJ, Trump
Digest more
Fed, Jerome Powell and Senate Banking Committee
Digest more
And in fact, CNN’s Annie Grayer reported Friday on how Trump’s threats after the Senate war powers vote actually dissuaded some House Republicans from voting to override Trump’s vetoes. Clearly, Trump’s wrath still matters.
The Senate has advanced a resolution that would limit President Donald Trump’s ability to conduct further attacks against Venezuela.
Democratic Sen. Tim Kaine, who led the bipartisan resolution, said that Trump's actions in Venezuela are "clearly illegal" because he did not seek congressional approval.
The move represents an unprecedented escalation in President Donald Trump’s battle with the Fed, an independent agency he has repeatedly attacked for not cutting its key interest rate as sharply as he prefers. The renewed fight will likely rattle financial markets Monday and could over time escalate borrowing costs for mortgages and other loans.
The Senate has advanced a resolution that would limit President Donald Trump’s ability to conduct further attacks against Venezuela. Five Republicans voted in favor.
The U.S. Senate advanced a resolution on Thursday that would bar President Donald Trump from further military action against Venezuela without congressional authorization, a rare rebuke of the Republican leader.
The DOJ subpoenaed the Fed Reserve concerning allegations that Powell lied regarding the scope of expensive Fed reservations.
President Donald Trump denied that he was involved in the Justice Department's decision to subpoena the Federal Reserve. Chair Jerome Powell said the Federal Reserve was being targeted for making decisions that “serve the public" rather than the president’s “preferences.
A bipartisan group of U.S. lawmakers will visit Denmark this week as President Donald Trump threatens a takeover of Greenland, an autonomous part of