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Trump open to idea of firing Fed Chair Powell, source says

Trump open to idea of firing Fed Chair Powell, source says

Reuters3 days ago
WASHINGTON, July 16 (Reuters) - U.S. President Donald Trump is open to the idea of firing Federal Reserve Chair Jerome Powell, a source told Reuters on Wednesday.
Trump polled some Republican lawmakers on firing Powell and received a positive response, the source said.
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Denny Hamlin vows 23XI Racing will go on, answers will come in December in court battle with NASCAR
Denny Hamlin vows 23XI Racing will go on, answers will come in December in court battle with NASCAR

The Independent

time9 minutes ago

  • The Independent

Denny Hamlin vows 23XI Racing will go on, answers will come in December in court battle with NASCAR

NASCAR race team owner Denny Hamlin remained undeterred in the wake of another setback in court, vowing 'all will be exposed' in the scheduled December trial as part of 23XI Racing's federal antitrust suit against the auto racing series. A federal judge on Thursday rejected a request from 23XI Racing and Front Row Motorsports to continue racing with charters while they battle NASCAR in court, meaning their six cars will race as open entries this weekend at Dover, next week at Indianapolis and perhaps longer than that in a move the teams say would put them at risk of going out of business. U.S. District Judge Kenneth Bell denied the teams' bid for a temporary restraining order, saying they will make races over the next couple of weeks and they won't lose their drivers or sponsors before his decision on a preliminary injunction. Bell left open the possibility of reconsidering his decision if things change over the next two weeks. After this weekend, the cars affected may need to qualify on speed if 41 entries are listed — a possibility now that starting spots have opened. The case has a Dec. 1 trial date, but the two teams are fighting to be recognized as chartered for the current season, which has 16 races left. A charter guarantees one of the 40 spots in the field each week, but also a base amount of money paid out each week. 'If you want answers, you want to understand why all this is happening, come Dec. 1, you'll get the answers that you're looking for,' Hamlin said Saturday at Dover Motor Speedway. 'All will be exposed.' 23XI, which is co-owned by retired NBA great Michael Jordan, and FRM filed their federal suit against NASCAR last year after they were the only two organizations out of 15 to reject NASCAR's extension offer on charters. Jordan and FRM owner Bob Jenkins won an injunction to recognize 23XI and FRM as chartered for the season, but the ruling was overturned on appeal earlier this month, sending the case back to Bell. Hamlin, a three-time Daytona 500 winner driving for Joe Gibbs Racing, co-owns 23XI with Jordan and said they were prepared to send Tyler Reddick, Bubba Wallace and Riley Herbst to the track each week as open teams. They sought the restraining order Monday, claiming that through discovery they learned NASCAR planned to immediately begin the process of selling the six charters which would put 'plaintiffs in irreparable jeopardy of never getting their charters back and going out of business.' Hamlin said none of the setbacks have made him second-guess the decision to file the lawsuit. 'Dec. 1 is all that matters. Mark your calendar,' Hamlin said. 'I'd love to be doing other things. I've got a lot going on. When I get in the car (today), nothing else is going to matter other than that. I always give my team 100%. I always prepare whether I have side jobs, side hustles, more kids, that all matters, but I always give my team all the time that they need to make sure that when I step in, I'm 100% committed.' Reddick, who has a clause that allows him to become a free agent if the team loses its charter, declined comment Saturday on all questions connected to his future and the lawsuit. Hamlin also declined to comment on Reddick's future with 23XI Racing. Reddick, one of four drivers left in NASCAR's $1 million In-season Challenge, was last year's regular-season champion and raced for the Cup Series championship in the season finale. But none of the six drivers affected by the court ruling are locked into this year's playoffs. Making the field won't be an issue this weekend at Dover as fewer than the maximum 40 cars are entered. But should 41 cars show up anywhere this season, someone slow will be sent home and that means lost revenue and a lost chance to win points in the standings. 'Nothing changes from my end, obviously, and nothing changes from inside the shop,' Front Row Motorsports driver Zane Smith said. 'There's not typically even enough cars to worry about transferring in.' Smith, 24th in the standings and someone who would likely need a win to qualify for NASCAR's playoffs, said he stood behind Jenkins in his acrimonious legal fight that has loomed over the stock car series for months. 'I leave all that up to them," Smith said, "but my job is to go get the 38 the best finish I can.' AP Auto Racing Writer Jenna Fryer contributed to this story. ___

Ukraine's Zelenskiy offers Russia more talks next week
Ukraine's Zelenskiy offers Russia more talks next week

Reuters

time9 minutes ago

  • Reuters

Ukraine's Zelenskiy offers Russia more talks next week

KYIV, July 19 (Reuters) - Ukraine's President Volodymyr Zelenskiy said on Saturday that Kyiv has sent Moscow an offer to hold another round of peace talks next week, and that he wanted to speed up negotiations for a ceasefire. Ukraine and Russia have held two rounds of talks in Istanbul over the past five months. They have agreed to swap prisoners but made no breakthroughs in ending almost three and a half years of conflict that started with Russia's 2022 invasion. "Everything should be done to achieve a ceasefire," Zelenskiy said in his evening address to the nation. "The Russian side should stop hiding from decisions," he added. The president said Rustem Umerov, who headed the Ukrainian delegation at both talks in Istanbul, had sent the Russian side the offer to hold the meeting next week, but gave no more details. Umerov, a former defence minister, was appointed last week as the head of the National Security and Defence Council and tasked with adding more momentum to the negotiations. Russia has been pressing a grinding offensive along the eastern front in Ukraine's Donetsk region. It has repeatedly said it is ready for a new round of talks but has not backed down from what Kyiv and its allies describe as its maximalist war aims. U.S. President Donald Trump, who has sharpened his tone against Russia in recent weeks amid worsening air strikes on Ukrainian cities, threatened harsher sanctions on Russia earlier this month if a peace deal was not reached within 50 days.

Dave Portnoy attacks 'arrogant' Stephen Colbert and Bernie Sanders amid rage over CBS' Donald Trump 'bribe'
Dave Portnoy attacks 'arrogant' Stephen Colbert and Bernie Sanders amid rage over CBS' Donald Trump 'bribe'

Daily Mail​

time9 minutes ago

  • Daily Mail​

Dave Portnoy attacks 'arrogant' Stephen Colbert and Bernie Sanders amid rage over CBS' Donald Trump 'bribe'

Dave Portnoy has savaged 'arrogant' Stephen Colbert and his high-profile supporters in a brutal rant after CBS axed the anchor's late-night talk show. The network announced on Thursday that the 'Late Show with Stephen Colbert' is being cancelled. It came just days after the host blasted the network's $16million settlement with President Trump as a 'big fat bribe.' CBS branded Colbert 'irreplaceable' and said his show 'will be remembered in the pantheon of greats'. The network said theirs was 'purely a financial decision against a challenging backdrop in late night.' Left-wing politicians Bernie Sanders and Elizabeth Warren are among those to question whether Colbert has - in fact - paid for his criticism of Trump. But reports have since emerged that Colbert's show lost $40million a year and has a staff of around 200 people. And on Saturday Portnoy hit out at the suggestion that the president 'forced' CBS' hand, with the Barstool boss insisting: 'What did you think was going to happen? Of course they fired you, I'd fire you in a f***ing heartbeat.' 'For these people - including Colbert - to be like: "This isn't right, we're blindsided..." Buddy, you're losing $40m a year. You have 200 people creating one show,' Portnoy said. WARNING: EXPLICIT LANGUAGE Reaction to Stephen Colbert getting fired by CBS. It takes a special type of arrogance to be making 16 million, losing 40 million and publicly bash the people paying your bills. — Dave Portnoy (@stoolpresidente) July 19, 2025 The Late Show with Stephen Colbert has been canceled days after the host blasted the network's settlement with President Donald Trump 'We have 200 people at Barstool creating like 30 shows. And some of them, the bigger ones, draw a bigger audience than Colbert.' Earlier this week, Colbert went nuclear on his parent corporation, Paramount, after the company settled a bombshell lawsuit with Trump for $16million. Trump had accused Paramount's network, CBS, of falsely editing an interview with Kamala Harris before the presidential election. The network did not admit any journalistic wrongdoing but the settlement will cover Trump's legal fees and his future presidential library. Paramount also agreed to release unedited transcripts of 60 Minutes interviews with presidential candidates. Colbert said he was 'offended' by the actions of his employer and that he didn't know 'if anything will ever repair my trust in this company.' But Portnoy defended CBS, insisting: 'If one of my employees, who I was paying $16m a year, while losing $40m a year, went on their show and said: "I don't like or trust Dave," do you know what I would do?' He then performed a slit-throat gesture. 'Welcome to the real f**king world... this isn't about his politics, I don't love Colbert, I don't think he's funny... but buddy you're losing $40m a year and then you have the arrogance to go hammer your own company. 'What did you think was going to happen? Of course they fired you, I'd fire you in a f***ing heartbeat. That's not politics, that's just being ungrateful. 'So Elizabeth Warren, Comrade Bernie: Zip it. This is called capitalism in the real world. If you're losing 40m a year, you better shut up and be a good soldier and thank your lucky stars you still have a job.'

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