House Voting Whether To Advance Trump Bill - CNN NewsNight with Abby Phillip - Podcast on CNN Podcasts
A megabill is in the balance as the House is voting to advance President Trump's agenda with Republican hardliners threatening to hold out over its price tag.
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Yahoo
32 minutes ago
- Yahoo
Trump: Fed's Powell 'should resign immediately'
President Trump said Jerome Powell 'should resign immediately' in a Truth Social post Wednesday night, increasing a White House pressure campaign on the Federal Reserve chairman that is intensifying this week. Trump started the week with public criticisms of the Fed and Powell for not lowering rates, posting a note he sent to Powell telling the Fed chair "Jerome—You are, as usual, 'Too Late'" and arguing that he has "cost the USA a fortune." His press secretary held up the note at the White House on Monday so reporters could see it. His Treasury Secretary Scott Bessent then in separate TV interviews compared the Fed to an old person who is afraid of falling after having stumbled once and — referring to concerns Powell and other Fed officials have voiced about inflation from Trump's tariffs — said "I guess this tariff derangement syndrome happens even over at the Fed." When Trump used Truth Social Wednesday night to urge Powell's resignation, referring to him again with the nickname 'Too Late,' he linked to a news story that detailed calls made by yet another member of his administration — Federal Housing Finance Agency director Bill Pulte — for Congress to investigate Powell over statements made to Senate lawmakers about renovations to the Fed's headquarters. Pulte has also called on Powell to resign. 'I am asking Congress to investigate Chairman Jerome Powell, his political bias, and his deceptive Senate testimony, which is enough to be removed 'for cause,'' Pulte said Wednesday in a post on X. When Powell testified before Senate lawmakers last month, Republican senators asked him about media reports that described the expenses and features of the Fed renovation project in Washington, D.C., and Powell said the reports were 'misleading and inaccurate in many, many respects.' Republican Sen. Cynthia Lummis said in a statement to Yahoo Finance that 'This is the Federal Reserve, not a modern-day Palace of Versailles, and it's clear his inability to set aside his own biases in favor of sound policies proves it's time for new leadership at the Fed,' echoing a statement she also posted on X. 'I am happy President Trump is considering new leadership at the Fed.' There is now a short list of people who could succeed Powell as the next Federal Reserve chair when his term is up next May, according to people close to the administration. They include former Fed governor Kevin Warsh, National Economic Council Director Kevin Hassett, Treasury Secretary Scott Bessent, former World Bank president David Malpass, and current Fed governor Christopher Waller. Trump told reporters Tuesday that "I have two or three top choices," roughly a week after saying "I know within three or four people who I'm going to pick." Powell has said that his removal from the job before his term is up next May is not permitted by law, and that he intends to serve out the full time. Trump has delivered mixed messages about whether he would try to remove him, saying in an April 17 post that 'Powell's termination cannot come fast enough!' before saying April 22 that he had 'no intention of firing him.' When asked Tuesday during a monetary policy conference in Portugal if Trump's attacks made it more difficult for Powell to do his job, the Fed chairman said, "I'm very focused on just doing my job." He added that "the things that matter are using our tools to achieve the goals that Congress has given us — maximum employment, price stability, financial stability — and that's what we focus on 100%." Powell's response was met with applause from other participants on the panel and the audience in the room. He also said on Tuesday, 'I want to hand over to my successor an economy in good shape. That's what keeps me awake at night.' When asked if he would serve out his term as a Fed governor until 2028, he declined to say: 'I have nothing for you on that today." On Tuesday, Powell didn't rule out an interest rate reduction at the Fed's next meeting on July 28-29, but he noted the central bank would have cut rates by now if not for the tariffs introduced by the Trump administration. "We went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs," he said. The Fed lowered rates by a full percentage point in 2024 but has held rates steady so far in 2025 as it waits to see if inflation will pick up this summer due to the tariffs. "I wouldn't take any meeting off the table or put it directly on the table," Powell said when asked about the possibility of a cut in July. "It's going to depend on how the data evolved." Click here for in-depth analysis of the latest stock market news and events moving stock prices Sign in to access your portfolio
Newsweek
37 minutes ago
- Newsweek
Cities' Immigration Approach Is a Model of Multiracial Democracy
Federal immigration enforcement aimed at cities that are home to large immigrant populations rests on a fundamental misunderstanding of how city-led immigrant inclusion policies are making America safer and more prosperous. Claims that big cities harbor and protect illegal immigrants is political misinformation. To be clear: There isn't a city or town in America that can legally prohibit ICE agents from carrying out their work. So-called sanctuary cities instead direct their local law enforcement to not independently do ICE's job for them, going on immigration raids, sweeping worksites for immigration papers, or otherwise diverting resources away from keeping the peace locally. The American flag is pictured. The American flag is pictured. Robbie Jay Barratt - AMA/Getty Images Data shows that cities that don't participate in ICE raids report lower poverty, crime, and unemployment rates than those that preemptively enforce immigration regulations. It isn't just about not cooperating with ICE, however. Cities across the country—run by Democrats and Republicans alike—are prioritizing holistic policies that build trust with immigrant communities. These efforts aim to ensure that residents do not fear local police, enabling them to report crimes and engage with civic life without fear of deportation. Programs under the Welcoming Cities Initiative—adopted in Fargo, Gainesville, Huntsville, Akron, and others—focus on integrating immigrants through local action plans that often include improving relationships with law enforcement. On the other hand, evidence shows that police forces that work with ICE to hunt down undocumented immigrants, even if they haven't committed a local crime, drive down a whole community's rates of reporting crimes when they do occur. Other cities, including Boise and Chattanooga, have joined the Strong Cities Network, working to counter violence against groups like immigrants and promote social cohesion across their city—a key vision of inclusive and pluralist democracy. These community-based initiatives stand in stark contrast to the top-down directives from the Department of Homeland Security (DHS). Cities like New York, Trenton, Washington, D.C., and Dayton have implemented municipal ID programs, useful for connecting utilities and establishing identity with law enforcement or doctors regardless of immigration status, all without conferring federal voting rights or privileges. From Gainesville, Fla., to the border town of San Diego, local police have served as an important part of the cities' "Immigrant Inclusion Blueprints," creating plans to boost the cultural competence of police, educate immigrants on their constitutional rights, and make victim rights information available in several languages. Such policies reflect cities' practical, nonpartisan approach to complex national issues that tend to become overly polarized in Washington, D.C. Immigrants, regardless of immigration status, are not the moochers and dangerous "vermin" that some would paint them as. Local economies in inclusive and welcoming cities are thriving. Fargo's immigrant population contributed $542.8 million to the metro GDP while paying $13.8 million in state and local taxes and $28.3 million in federal taxes. Dayton's immigrant population contributed $74 million to Social Security and more than $19 million to Medicare in 2019. The Gainesville, Fla., action plan on inclusive public safety shows results too. As the immigrant population continues to rise, the city has seen a historic drop in the crime rate. Increasing representation, honoring various perspectives, and promoting deliberative engagement produce outcomes that make communities stronger. Cities do not—and should not—provide sanctuary for criminals against federal enforcement. Instead, they are creating a sanctuary where everyone, regardless of country of origin, race, or ethnicity can flourish. These policies show that treating all people with human dignity both improves everyone's bottom line and keeps communities safe. Pluralist, multiracial democracy means that regardless of background or blood, residents can coexist and flourish because it is America's civic institutions that bind "We the People" together. Our democratic identity is forged as we work together to make our communities safer, more prosperous, and welcoming. In these policies and programs toward immigrants, America's cities are fundamentally fulfilling the founding pledge to form "a more perfect union." Joel Day, Ph.D., is the managing director of the University of Notre Dame's Democracy Initiative and a former administrator for the city of San Diego, where he led local immigration initiatives and oversaw several public safety programs. The views expressed in this article are the writer's own.
Yahoo
37 minutes ago
- Yahoo
Anniston council certifies unopposed candidates, hears concern over wildlife response
ANNISTON — In a brief meeting Tuesday evening, the City Council passed several resolutions certifying the election of three candidates running unopposed in the upcoming municipal elections. Mary L. Harrington and Dottie Rimpsey were certified for seats on the Anniston City Board of Education, while Joe Harrington was certified as the Ward 3 councilman. Under Alabama election law, unopposed candidates are declared elected without appearing on the ballot. The municipal election is scheduled for Aug. 26. The council also approved a resolution appointing Skyler Bass, the city's current clerk and interim city manager, as the city's election manager. During the public comment period, Wenonah Bryant raised concerns about the city's lack of response protocol for erratic wildlife after encountering a raccoon behaving unusually in her neighborhood. 'A couple of weeks ago I had an incident with a raccoon who was behaving erratically,' Bryant said. 'And in the midst of all of this, I found that we don't have any protocol to deal with our wildlife if there is a problem.' Bryant explained that she contacted the police and was referred to private wildlife trackers. 'I was told that our animal control does not deal with wildlife — only with dogs,' she said. 'Fortunately, my daughter was able to get in touch with somebody who was willing to come out … and fortunately, it was not rabid.' Bryant said the process took more than 24 hours. She stressed that the delay could have endangered residents, especially children. 'There were children telling their parents, 'Oh, there's a raccoon out there.' It could have very easily been detrimental,' Bryant said. 'Especially with us opening up the Ladiga Trail, we really need to have something in place.' After the meeting, Harrington spoke privately with Bryant. She described him as kind and concerned, saying, 'He said he would get back with me.' During council comments, Councilman Demetric 'DD' Roberts praised the recent Heritage Festival at Zinn Park, calling it a wonderful event and noting the large turnout. 'We've pretty much outgrown the park,' Roberts said. The council's next regular meeting is scheduled for July 15.
