A father and daughter in New Jersey have pleaded guilty to running a years-long counterfeiting scheme to trick art galleries and auction houses into buying forged paintings
President Trump suggested he could soon reduce the U.S. military presence in Germany as he continues to feud with Chancellor Friedrich Merz over the U.S-Israel war against Iran.
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.
Federal Reserve chair Jerome Powell said on Wednesday that he will remain a central bank governor "for a period of time to be determined," citing attempted political interference. Why it matters: It extends Powell's influence over monetary policy beyond the conclusion of his term as Fed chair on May 15 . His term as one of seven Fed governors extends through January 2028. - It denies President Trump the immediate opportunity to fill a vacancy on the influential Fed board. - Powell's term as chair ends on May 15, but his term as a governor goes through Jan. 31, 2028. What they're saying: "My concern is really about the series of legal attacks on the Fed, which threaten our ability to conduct monetary policy without considering political…
The measure will allow the G.O.P. to begin working on a filibuster-proof bill to fund ICE and C.B.P., part of their plan to reopen the long-shuttered Department of Homeland Security.