Blog Post

Actual News > Markets & Economy > U.S. Politics: Democrats Move Against Bondi; Fed’s Powell Under Pressure

U.S. Politics: Democrats Move Against Bondi; Fed’s Powell Under Pressure

On Capitol Hill, Democratic lawmakers walked out in protest from a closed-door briefing by Attorney General Bondi on the Epstein files, which they described as “fake.” Bondi reportedly refused to commit to testifying under oath despite a subpoena, fueling calls from Democrats to initiate impeachment proceedings. Separately, a new report found that the Trump administration has been deporting parents without asking whether they have children or allowing them to decide whether to bring their children — an apparent violation of its own stated policies.

At the Federal Reserve, Chair Jay Powell addressed questions about his future amid what the New York Times described as President Trump’s “unrelenting pressure campaign” against him and the central bank. Markets are now contending with what some analysts are calling “Powell’s long goodbye” — uncertainty about Fed leadership that could ripple through global financial markets for months.

Author

Leave a comment

Your email address will not be published. Required fields are marked *