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Fed chair hit with criminal probe

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MONDAY, JANUARY 12

FED CHAIR JEROME POWELL TARGETED WITH CRIMINAL PROBE  Federal Reserve Chair Jerome Powell is under a criminal investigation initiated by the U.S. attorney’s office for the District of Columbia. The probe focuses on Powell’s congressional testimonies about a renovation at the central bank, but he contends that matter is just a pretext and that he is in fact being targeted because the Fed would not set interest rates according to President Donald Trump’s preferences.  READ
RUBIO, NETANYAHU DISCUSS STRIKING IRAN  Secretary of State Marco Rubio spoke on the phone Saturday with Israeli Prime Minister Benjamin Netanyahu about the possibility of U.S. military strikes on Iran as widespread protests rock the regime. President Donald Trump last week threatened to strike Iran if it used force against protesters.  READ
TRUMP THREATENS CUBA OVER OIL  Trump yesterday stated that the U.S. will now cut off supplies to Cuba, threatening unspecified consequences if the communist nation does not cooperate with his administration’s economic plans. “I strongly suggest they make a deal, BEFORE IT IS TOO LATE,” Trump wrote on Truth Social.  READ
MISSISSIPPI SYNAGOGUE TORCHED, SUSPECT ARRESTED  Officials with the FBI and the federal Bureau of Alcohol, Tobacco, Firearms and Explosives arrested a suspect Saturday night after Mississippi’s largest synagogue was burned and local law enforcement ruled the incident an act of arson.  READ
POPE LEO PRAYS FOR PEACE IN IRAN, SYRIA, UKRAINE  “My thoughts turn to the situation currently unfolding in the Middle East, especially in Iran and Syria, where ongoing tensions continue to claim many lives,” Pope Leo said yesterday during his Angelus address at St. Peter’s Square. “I hope and pray that dialogue and peace may be patiently nurtured in pursuit of the common good of the whole of society.”  READ
HOLY FATHER BAPTIZES VATICAN EMPLOYEES’ BABIES  Yesterday, the Holy Father carried on a tradition started by his predecessor, Pope St. John Paul II: In the midst of celebrations for the Feast of the Baptism of the Lord, Pope Leo baptized 20 babies — newly born children of Vatican employees.  READ
ARCHITECT REVEALS DETAILS OF WHITE HOUSE BALLROOM  The lead architect of Trump’s new White House ballroom this month revealed more details about the space. Located on the East Wing, the ballroom will include a major banquet hall, offices for the First Lady, and a movie theater.  READ
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CATHOLIC VICTORY IN COLORADO  Colorado recently agreed to pay a Catholic health care clinic $5.4 million to cover attorneys’ fees and court costs after the state targeted the clinic for providing women with abortion pill reversal services.  READ
POPE LEO COMMITS TO MEETING YEARLY WITH CARDINALS  At the end of the two-day meeting with cardinals from around the world last week, Pope Leo made a historic announcement: He now plans to hold such meetings every year.  READ
CATHOLICS & FOOD RESPONSIBILITY  In an age of industrial agriculture and ultra-processed food, what’s a Catholic to do? Are there ethical lines that should be drawn? Are moral issues at stake? Caroline LaFleur examines this issue.  READ

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