US judge upholds decision to toss subpoenas into Fed Chair Jerome Powell
Judge Boasberg says Trump administration’s arguments ‘do not come close to convincing Court’ of subpoenas’ legitimacy.
![It’s been 10 years since the Panama Papers leak exposed how the world’s richest hide their wealth. From offshore shell companies to political scandals, the documents revealed a global network of secret finances. [Global News Insight]](https://www.aljazeera.com/wp-content/uploads/2026/04/image-1775229416.jpg?resize=770%2C513&quality=80)
![The federal reserve held rates steady for the second time of 2026 [Kevin Lamarque/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/03/2026-03-18T184722Z_1921493521_RC267KATAUUB_RTRMADP_3_USA-FED-1773860311.jpg?resize=770%2C513&quality=80)
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Is Trump’s choice for US Fed chair a ‘chameleon’ or a ‘solid’ pick?
Experts vary in their views on Kevin Warsh, Trump’s nominee to replace Jerome Powell as head of the US central bank.
US Federal Reserve holds interest rates steady despite political pressure
The central bank will maintain rates at 3.5 to 3.75 percent and warned of ‘elevated’ economic uncertainty.
![The decision comes despite ongoing political pressure as US President Donald Trump has called for more aggressive interest rate cuts [File:Nathan Howard/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/01/2026-01-13T144147Z_2075403647_RC2C0JA6N16M_RTRMADP_3_USA-TRUMP-FED-POWELL-1769627465.jpg?resize=770%2C513&quality=80)
Trump’s JPMorgan Chase lawsuit revives debanking concerns in US
Workers in ‘risky’ industries and many religious and ethnic groups have been denied access to financial services.
Trump sues JPMorgan and CEO Dimon over alleged ‘debanking’
The $5bn lawsuit alleges JPMorgan abruptly closed multiple accounts in 2021 cutting off Trump & his firms from financing
JPMorgan’s Dimon calls credit card interest rate caps a ‘economic disaster’
JPMorgan CEO Dimon said that Trump’s push to cap rates at 10 percent would result in consumers losing access to credit.
![Dimon said Trump’s proposed credit card interest rate caps would remove credit from 80 percent of Americans [Denis Balibouse/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/01/2026-01-21T131612Z_76809118_RC2O5JAJIBJG_RTRMADP_3_DAVOS-MEETING-JPMORGAN-1769022298.jpg?resize=770%2C513&quality=80)
US Supreme Court appears reluctant to let Trump fire Fed’s Lisa Cook
During two hours of arguments, some justices pressed US lawyer on why Cook was not given a chance to formally respond.
US Fed Chair Powell to attend Supreme Court session on Cook case: Report
Powell appears to be casting off last year’s more subdued response to Trump’s repeated attacks on the Fed, AP reported.
Republican lawmakers break from US president on Fed chair indictment
Former fed chairs called the indictment an ‘unprecedented attempt’ to undermine the independence of the US central bank.
![Powell’s term is slated to end in May. Last month, Trump said that he would not appoint anyone who disagrees with him to lead the central bank [File: Kevin Lamarque/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/01/2026-01-12T081104Z_1791278950_RC2VDIAAE42L_RTRMADP_3_USA-FED-POWELL-INVESTOR-1768238237.jpg?resize=770%2C513&quality=80)
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German thieves steal up to $105m in ‘Ocean’s Eleven’ heist: What we know
While the robbers remain at large, customers are furious about the Christmas break robbery.
Germany hunts Christmas thieves after Ocean’s Eleven-style bank heist
Police are searching for suspects after thieves stole cash, gold and jewels worth up to $105m.
