Breaking News: Politics
Immigrant released from detention after judge threatens ICE chief with contempt ruling
Todd Lyons, acting director of Immigration and Customs Enforcement, speaks during a press conference about “Operation Midway Blitz,” an immigration enforcement campaign, at a hangar in Gary, Indiana, Oct. 30, 2025. Leah Millis | Reuters The detained immigrant whose case led a top federal court judge in Minnesota to threaten the head of U.S. Immigration […]
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Government shutdown: Republicans open door to escape hatch as Congress careens toward shutdown
U.S. Senate Majority Leader John Thune, R-S.D., is followed by reporters as he walks to the Senate Chambers in the U.S. Capitol in Washington, Jan. 27, 2026. Anna Moneymaker | Getty Images Republican senators appear to be opening the door to preventing a partial government shutdown as the chamber prepares to start voting on a […]
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Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history
Key Points Federal Reserve Chair Jerome Powell offered his first explanation into his controversial decision to attend Fed Governor Lisa Cook’s Supreme Court hearing. He said it was among the most important legal cases that the central bank has ever seen. Source
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Crypto PAC Fairshake touts $193 million war chest as regulatory bill faces first vote
The crypto political action committee Fairshake amassed $193 million by the end of last year, positioning itself to play a major role in congressional midterms as lawmakers negotiate a major cryptocurrency bill set to get its first vote this week. — The total, shared with CNBC by Fairshake ahead of the Jan. 31 reporting deadline, […]
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Fed has not yet complied with subpoenas as Powell probe continues: Source
Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution’s George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025. Jason Henry | Bloomberg | Getty Images The Federal Reserve has not yet complied with grand jury subpoenas issued as part of a criminal investigation of Fed Chair […]
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Apple’s Cook says he’s ‘heartbroken’ by Minneapolis events and has spoken with Trump
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images Apple CEO Tim Cook said he was “heartbroken” by the situation in Minneapolis and called for an easing of tensions in a note to employees this week, CNBC […]
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Trump lowered ‘temperature’ on Minnesota, wants to avoid shutdown: Bessent
Treasury Secretary Scott Bessent speaking to CNBC on Jan. 28th, 2026. CNBC President Donald Trump has “brought down the temperature” on civil unrest in Minnesota over aggressive federal immigration efforts there, Treasury Secretary Scott Bessent said Wednesday. Trump is now “urging” lawmakers to take action to avoid triggering a partial government shutdown amid disputes over […]
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New York Mayor Mamdani says city must hike taxes on rich to fill $12 billion deficit
New York Mayor Zohran Mamdani on Wednesday said the city’s wealthiest must pay more in taxes to help fill the staggering $12 billion budget deficit he was left by his predecessors. Mamdani, in an interview with CNBC’s Andrew Ross Sorkin at City Hall, said his administration will be up front with New Yorkers about budget […]
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Greenland will not give in, PM says, as Denmark warns world order as we know it is over
Danish Prime Minister Mette Frederiksen and Greenland’s Prime Minister Jens-Frederik Nielsen hold each other as they leave the venue after a meeting in Nuuk, Greenland, on January 23, 2026. Jonathan Nackstrand | Afp | Getty Images Greenland Prime Minister Jens-Frederik Nielsen on Wednesday issued a defiant message on the Arctic island’s future, while Denmark warned […]
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U.S.-India trade talks could get a boost as America sees life going on without it
FILE PHOTO: U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | Reuters A renewed push to conclude a U.S.-India trade deal may get underway, analysts say, as the White House sees other countries and power blocs working harder than […]
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