Less than four weeks after being sworn in as chairman of the Federal Reserve, Kevin Warsh left no doubt that the way the central bank shapes its policies and communicates is now going to be very different from the last 15 years. The big picture: Warsh is already executing on his longstanding view that the Fed has been over-explaining, over-signaling and overly focused on fine-tuning the economy for years. Investors will need to quickly wrap their heads around this new regime. - Out: Forward guidance and detailed descriptions of how the central bank is interpreting incoming data. - In: Simpler policy statements, tighter (and maybe fewer) press conferences, little guidance as to what comes next and task forces to rethink broader aspects of…
Vice President Vance on Thursday issued a blunt warning to members of the Israeli government who have been attacking the deal with Iran : President Trump is the only friend you have left, and it would be unwise to cross him. Why it matters: Vance gave public voice to the consternation many on Trump's team have felt with Prime Minister Benjamin Netanyahu's government over the past three months. He also issued a veiled threat that if Israel undermines the deal, U.S. military support could be impacted. What he's saying: Asked about an Axios report that Netanyahu and his political allies were "fuming" over the deal, Vance said he'd read the story but hadn't experienced any fuming from Netanyahu — though he had been "bothered" by members of…
Iran's Supreme Leader Mojtaba Khamenei authorized Iranian negotiators to conduct direct talks with the U.S. but stressed it "does not signify acceptance of the enemy's views". Why it matters: Khamenei's comments in a written statement in his Telegram channel were his first response to the signing of the U.S.-Iran memorandum of understanding (MOU). - Iranian negotiators have been waiting for his public "green light" before heading to Switzerland for a first round of negotiations with the U.S. planned for Friday or Saturday. Behind the scenes: The Iranian supreme leader, who was wounded in an Israeli strike on his father's residence during the opening days of the war, has not been seen or heard publicly since. - In his written message,…
On Thursday, a Food and Drug Administration panel will weigh the risks and benefits of a first-of-its-kind mRNA flu shot after initially refusing to consider it earlier this year. NewsNation's Anna Kooiman reports.
The book by Maggie Haberman and Jonathan Swan of The New York Times, “Regime Change,” reveals a host of details and surprising exchanges as President Trump pushed to drastically expand his power.
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