U.S. Judge Claims Justice Department Presented "Virtually No Evidence" of Jerome Powell's Criminal Activity, While Indicating a "Wealth of Evidence" Points to Investigation Aiming to Coerce Fed Chair into Lowering Rates or Resigning.
Judicial Findings: A U.S. judge stated that the Justice Department provided "essentially zero evidence" that Jerome Powell committed a crime.
Evidence Assessment: The judge noted that there is a "mountain of evidence" suggesting the investigation was intended to pressure the Federal Reserve Chair to lower rates or resign.
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JUSTICE DEPARTMENT LIKELY TO END INVESTIGATION INTO FED CHAIR JEROME POWELL BY FRIDAY, SOURCES TELL ABC
Justice Department Investigation: The Justice Department is expected to drop its investigation into Fed Chair Jerome Powell as soon as Friday, according to an ABC News report.
Implications of the Decision: The decision to drop the investigation may have significant implications for the Federal Reserve and its leadership, particularly in the context of ongoing economic challenges.
Iran: No Agreement Reached for Next Round of Talks with the United States
Iran's Stance on Talks: Iran has not agreed to hold the next round of talks with the United States, as reported by Tasnim News Agency.
Trump's Expectations: Former U.S. President Trump mentioned that U.S.-Iran negotiation representatives may meet this weekend, anticipating a final agreement to end the war.
Timeline for Agreement: Trump expressed confidence that an agreement could be reached within one or two days.
Context of Negotiations: The discussions are part of ongoing efforts to resolve tensions between the U.S. and Iran.
IRAN'S TASNIM REPORTS FROM RELIABLE SOURCE: IRAN IS NOT RUSHING INTO NEGOTIATIONS
- Iran's Negotiation Stance: Iran is not in a rush to engage in negotiations, indicating a strategic approach to its diplomatic relations.
- Source of Information: The information comes from a source identified as "Iran's Tasnim," suggesting a state-affiliated perspective on the matter.
Analysis: Vance Was Instrumental in Enabling US-Iran Discussions
U.S.-Iran Talks: U.S. Vice President Pence played a crucial role in facilitating upcoming U.S.-Iran talks set to begin in Islamabad, Pakistan, with expectations of several days of negotiations to finalize a ceasefire agreement.
Pakistan's Involvement: Pakistani officials are advocating for Pence to extend his stay in Pakistan to assist in the negotiation efforts.
Iran's Distrust: A senior official from the Gulf region revealed that Iran has minimal trust in U.S. President Trump's envoy, Witkoff, who has previously led multiple rounds of talks with Iran that were disrupted by U.S. military strikes.
Witkoff's Role: Witkoff is part of the U.S. delegation participating in the talks in Islamabad, indicating ongoing diplomatic efforts despite past tensions.
U.S. Major Indexes Recover from Losses Following Reports of Donald Trump's Call for Israel to Reduce Strikes on Lebanon.
Market Recovery: U.S. major indexes have reversed previous losses and are trending higher.
Trump's Influence: Donald Trump has urged Israel to reduce its military strikes on Lebanon.
SPY, QQQ, DIA Experience Second-Best Day Since Iran Conflict Began — Vance Expected to Head Discussions with Tehran
Negotiations with Iran: U.S. Vice President JD Vance is set to lead negotiations with Iran, with initial talks expected to occur on Saturday, amid claims from Iran that the U.S. violated ceasefire terms during Israeli strikes in Lebanon.
U.S. Market Reaction: The U.S. stock markets experienced significant gains, with the S&P 500 index closing up 2.5%, reflecting growing optimism for a ceasefire deal that could potentially reopen the Strait of Hormuz and alleviate global oil supply concerns.
Iran's Claims of Violations: Iranian officials, including Foreign Minister Abbas Araghchi, assert that the U.S. has violated ceasefire terms, emphasizing that the U.S. must choose between a ceasefire or continued conflict through Israel.
White House Position: The White House clarified that Lebanon was not part of the ceasefire agreement and indicated that the U.S. would engage in indirect conversations with Iran regarding the ceasefire, despite ongoing tensions in the region.
JUSTICE DEPARTMENT LIKELY TO END INVESTIGATION INTO FED CHAIR JEROME POWELL BY FRIDAY, SOURCES TELL ABC
Justice Department Investigation: The Justice Department is expected to drop its investigation into Fed Chair Jerome Powell as soon as Friday, according to an ABC News report.
Implications of the Decision: The decision to drop the investigation may have significant implications for the Federal Reserve and its leadership, particularly in the context of ongoing economic challenges.
Iran: No Agreement Reached for Next Round of Talks with the United States
Iran's Stance on Talks: Iran has not agreed to hold the next round of talks with the United States, as reported by Tasnim News Agency.
Trump's Expectations: Former U.S. President Trump mentioned that U.S.-Iran negotiation representatives may meet this weekend, anticipating a final agreement to end the war.
Timeline for Agreement: Trump expressed confidence that an agreement could be reached within one or two days.
Context of Negotiations: The discussions are part of ongoing efforts to resolve tensions between the U.S. and Iran.
IRAN'S TASNIM REPORTS FROM RELIABLE SOURCE: IRAN IS NOT RUSHING INTO NEGOTIATIONS
- Iran's Negotiation Stance: Iran is not in a rush to engage in negotiations, indicating a strategic approach to its diplomatic relations.
- Source of Information: The information comes from a source identified as "Iran's Tasnim," suggesting a state-affiliated perspective on the matter.
Analysis: Vance Was Instrumental in Enabling US-Iran Discussions
U.S.-Iran Talks: U.S. Vice President Pence played a crucial role in facilitating upcoming U.S.-Iran talks set to begin in Islamabad, Pakistan, with expectations of several days of negotiations to finalize a ceasefire agreement.
Pakistan's Involvement: Pakistani officials are advocating for Pence to extend his stay in Pakistan to assist in the negotiation efforts.
Iran's Distrust: A senior official from the Gulf region revealed that Iran has minimal trust in U.S. President Trump's envoy, Witkoff, who has previously led multiple rounds of talks with Iran that were disrupted by U.S. military strikes.
Witkoff's Role: Witkoff is part of the U.S. delegation participating in the talks in Islamabad, indicating ongoing diplomatic efforts despite past tensions.
U.S. Major Indexes Recover from Losses Following Reports of Donald Trump's Call for Israel to Reduce Strikes on Lebanon.
Market Recovery: U.S. major indexes have reversed previous losses and are trending higher.
Trump's Influence: Donald Trump has urged Israel to reduce its military strikes on Lebanon.
SPY, QQQ, DIA Experience Second-Best Day Since Iran Conflict Began — Vance Expected to Head Discussions with Tehran
Negotiations with Iran: U.S. Vice President JD Vance is set to lead negotiations with Iran, with initial talks expected to occur on Saturday, amid claims from Iran that the U.S. violated ceasefire terms during Israeli strikes in Lebanon.
U.S. Market Reaction: The U.S. stock markets experienced significant gains, with the S&P 500 index closing up 2.5%, reflecting growing optimism for a ceasefire deal that could potentially reopen the Strait of Hormuz and alleviate global oil supply concerns.
Iran's Claims of Violations: Iranian officials, including Foreign Minister Abbas Araghchi, assert that the U.S. has violated ceasefire terms, emphasizing that the U.S. must choose between a ceasefire or continued conflict through Israel.
White House Position: The White House clarified that Lebanon was not part of the ceasefire agreement and indicated that the U.S. would engage in indirect conversations with Iran regarding the ceasefire, despite ongoing tensions in the region.
