Trump lowered 'temperature' on Minnesota, wants to avoid shutdown: Bessent

PRChief

January 28, 2026

Fed has not yet complied with subpoenas as Powell probe continues: Source

January 28, 2026

Weak dollar winners: These stocks could get a boost if Trump keeps talking the greenback lower

January 28, 2026

Apple’s Cook says he’s ‘heartbroken’ by Minneapolis events and has spoken with Trump

January 28, 2026

Oil prices rise after Trump says a ‘massive Armada is heading to Iran’

January 28, 2026

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 federal funding for the Department of Homeland Security, Bessent told CNBC’s “Squawk on the Street.”

This is breaking news. Please refresh for updates.

Source

Politics

Fed has not yet complied with subpoenas as Powell probe continues: Source

January 28, 2026

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 […]

New York Mayor Mamdani says city must hike taxes on rich to fill billion deficit

Politics

New York Mayor Mamdani says city must hike taxes on rich to fill $12 billion deficit

January 28, 2026

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 […]

Politics

Trump warns Iran an ‘armada’ is heading its way and to agree a nuclear deal, or else

January 28, 2026

U.S. President Donald Trump speaks to reporters about the Israel-Iran conflict, aboard Air Force One on June 24, 2025, while traveling to attend the NATO summit in The Hague in the Netherlands. Brendan Smialowski | Afp | Getty Images U.S. President Donald Trump warned Iran on Wednesday that an “armada” was heading toward it and […]