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The U.S. military says it carried out a deadly strike in the eastern Pacific against a drug-trafficking vessel operated by a “terrorist organization.”

2026-06-17

The U.S. military says it carried out a deadly strike in the eastern Pacific against a drug-trafficking vessel operated by a “terrorist organization.”

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2026-06-17

According to CNN’s Bryan Mena, Wash cannot single-handedly deliver Trump-requested rate cuts but has signaled the Fed will not remain business-as-usual. He has hired two conservative policy veterans as interim advisers — Paul Winfree and Daniel Hale

According to CNN’s Bryan Mena, Wash cannot single-handedly deliver Trump-requested rate cuts but has signaled the Fed will not remain business-as-usual. He has hired two conservative policy veterans as interim advisers — Paul Winfree and Daniel Hale — and said the Fed has a “large number of redundant” Washington staff, implying a potential overhaul of roughly 3,000 employees. Powell began staff reductions last year to align with broader federal cuts. Wash has urged officials to focus more on trimmed-mean inflation measures that capture underlying inflation rather than one-off price moves. With advisers in place, institutional reform discussions are underway; Wash’s upcoming first press conference is likely to be the first clear signal of how far he will seek to reshape the Fed.
2026-06-18

Federal Reserve Chairman Warsh: Recent history should not be seen as a prelude to inflation problems.

Federal Reserve Chairman Warsh: Recent history should not be seen as a prelude to inflation problems.
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