Rep. Jasmine Crockett (D-TX) claimed on Wednesday that conservative criticism of her is rooted in racism, asserting that her detractors are targeting her because she is both Black and educated. The statement was posted on Instagram alongside a screenshot of a message Crockett said she received from a man in Florida using derogatory language.
The Israeli government and opposition leaders on Friday rejected new claims from the United Nations that “famine” has struck northern Gaza, dismissing the report as based on flawed data and Hamas-linked sources. The UN cited a report from the Integrated Food Security Phase Classification (IPC), which Israel condemned for relying on biased information.
President Donald Trump on Friday called for Federal Reserve Governor Lisa Cook to resign or face termination, following allegations that she committed mortgage fraud while serving on the board of the central bank. “What she did was bad,” Trump said. “So I’ll fire her if she doesn’t resign.”
The Federal Reserve on Friday officially ended its 2020-era policy that allowed inflation to run above 2 percent, a move intended to restore credibility and simplify its economic framework after years of persistent inflation. The announcement came during Chair Jerome Powell’s speech at the Kansas City Fed’s annual Jackson Hole conference.
North Korean dictator Kim Jong-un ordered an accelerated buildup of nuclear weapons on Monday, using annual U.S.-South Korea joint military drills as justification. Speaking at the launch of the 5,000-ton destroyer Choe Hyon, Kim labeled the Ulchi Freedom Shield exercises an “obvious expression” of Washington and Seoul’s “will to provoke war.”
Federal Reserve Chair Jerome Powell signaled on Friday that the central bank could cut interest rates as early as September. Speaking at the Kansas City Fed’s annual Jackson Hole conference, Powell cited a shift in risks toward slowing job growth as the rationale for changing course.
Florida Judge Kathleen Williams issued a temporary restraining order (TRO) to block the Trump administration from placing more detainees in Alligator Alcatraz.
