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Fed chair warns of 'significantly larger' inflation and slower growth due to tariffs

Federal Reserve Chair Jerome Powell predicted "significantly larger" inflation and slower economic growth due to President Donald Trump's tariffs.

"The level of tariff increases announced so far is significantly larger than anticipated, and the same is likely to be true of the economic effects, which will include higher inflation and slower growth," Powell told the Economic Club of Chicago on Wednesday. "Both survey and market-based measures of near-term inflation expectations have moved up significantly, with survey participants pointing to tariffs."

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Secret Musk Pentagon briefing nixed by Trump led to ouster of longtime Hegseth associates

Two longtime associates of Defense Secretary Pete Hegseth, appointed to senior roles at the Department of Defense at the outset of President Donald Trump’s second term, were escorted from the Pentagon on Wednesday amid an escalating investigation into leaked intelligence that reportedly included classified information.

Deputy Chief of Staff Darin Selnick and Dan Caldwell, a Senior Advisor to the Secretary of Defense, both previously worked at Concerned Veterans for America (CVA), where Hegseth served as CEO from 2012 to 2016.

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'Weakness' in Trump's economic strategy 'may soon be exposed': Fox Business correspondent

Fox Business correspondent Charlie Gasparino on Wednesday warned that President Donald Trump's international trade war strategy would soon face a do-or-die moment.

Writing on X, Gasparino outlined why Trump's plan appears fraught with peril for the American economy.

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'A little germs is good': Fox News host tests '5-second rule' by eating banana off floor

Fox News host Joe Concha tested the 5-second rule by dropping a banana on the floor and eating it.

In a Wednesday segment on the Outnumbered program, co-host Ainsley Earhardt reported that a scientist had recently demonstrated that bacteria grow on food less than one second after it's dropped on the floor.

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Pam Bondi may have twisted the law in Maine anti-trans lawsuit: legal expert

According to one legal analyst, Attorney General Pam Bondi's lawsuit against the state of Maine Department of Education appears to incorrectly quote the law.

As CBS News reported, Bondi announced on Wednesday that the Department of Justice says Maine is violating Title IX by "discriminating against women by failing to protect women in women's sports."

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'Jaw-dropping conflict of interest': Trump accused of new scheme to benefit from trade war

President Donald Trump's social media company is marketing "America First" accounts that would allow him to personally benefit from the tariffs that have been roiling the stock market and lopping value off the dollar.

Trump Media and Technology Group (TMTG), the parent company of the social media platform Truth Social, announced Tuesday that it was marketing a series of actively managed investment accounts to allow investment in companies that benefit from the president's agenda, and independent journalist Judd Legum reported that his tariff policies could be used to manipulate the value of those accounts.

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'We've got to do a quick fact-check here': MSNBC reporters pile on Bondi press conference

Reacting to comments made by Attorney General Pam Bondi on Wednesday, where she defended a refusal to return Kilmar Abrego Garcia to the U.S. despite a unanimous ruling from the conservative Supreme Court to "facilitate" his repatriation, three MSNBC reporters called her out.

During her address before reporters where she announced her plan to sue the state of Maine for "discriminating against women by failing to protect women in women's sports," Bondi was asked why she won't lift a finger to bring the Maryland father home.

As she told reporters, "He is an illegal alien who has been living illegally in our country from El Salvador. ICE testified an immigration judge ruled he was a member of MS-13. An appellate judge ruled he was a member of MS-13. He's from El Salvador, he's in El Salvador and that's where the president plans on keeping him."

ALSO READ: 'Retribution or bust’: 'Secretary of Retribution' joins J6 leaders to demand mass arrests

That brought a quick rebuttal from MSNBC host Ali Vitali, who told viewers, "We've got to do a quick fact check here. The administration has yet to provide any evidence Abrego Garcia has ties to MS-13. Furthermore, the 29-year-old has never been formally charged or convicted, either here in the U.S. or in El Salvador."

She added, "A federal district court judge on Tuesday laid into the Trump administration, saying they've done nothing to comply with her requests. The judge added she won't tolerate future gamesmanship or grandstanding. This case could very well end up back in the Supreme Court."

Asked to comment MSNBC legal analyst Ken Dilanian pointed out that Fox News reporter put Bondi on the spot immediately, with Dilanian adding they "...urged the attorney general to present any evidence that she has on this score, and both times, she essentially dodged the question," before she asserted, "We have the transcripts from the court hearings. I'll be glad to give you the court hearings from 2019, what we have. "

Dilainian then did his own fact-check.

"Let me just explain that that was an immigration court hearing," he told Vitali. "Immigration courts are not courts of law. The immigration judge in this case took at face-value what the police said and the evidence that we're aware of supporting the idea that this man was an MS-13 gang member consisted of essentially an allegation from a police informant and the fact that he was wearing a Chicago Bulls ball cap in the Home Depot parking lot when he was picked up –– so that's not evidence by most people's lights."

NBC's Kelly O'Donnell added, "They [the Trump administration] have been pressed multiple times, in addition to the clip you played with the attorney general that has been raised at the White House briefing room and there will still be additional opportunities to raise this to the president."

"Part of why this is at issue is because evidence is essential in the American process, and due process is afforded to those who are not even American Citizens if they are in the United States and he was at that time," she explained. "So providing evidence would be perhaps the shortest, fastest way to affirm their position and to explain it."

You can watch below or at the link.

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Critics aghast as Trump official floats raising retirement age for air traffic controllers

Trump Transportation Secretary Sean Duffy on Wednesday horrified many observers when he floated raising the retirement age for air traffic controllers.

Duffy's remarks came during an appearance on Fox Business in which he wondered why air traffic controllers retired from their jobs after 25 years of service, and he suggested that America could fix its current shortage of ATCs by having them work longer.

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Sarah Palin exposed true agenda by joking with NY Post writer outside court: report

Outside of Sarah Palin’s libel court case against The New York Times, she got cozy with conservative outlet The New York Post, according to a Slate report by Alexander Sammon.

This is the second time the court case is being heard. It pertains to Palin’s 2022 lawsuit on an article from 2017, which refers to a shooting in 2011. “But there was a reason Palin was back here, and it was clear the Times’ lawyers had their eyes on the bigger stakes, too,” Sammon penned. “That was all reinforced by what I saw on the way out.”

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Republicans might 'exert collective power' on Trump under one condition: GOP strategist

One political expert said that the more anger seen at town halls and from voters, the more pressure is placed on U.S. House and Senate members. She further suggests this might force Republicans to use their power on President Donald Trump.

Lindsey Drath, a former regional finance director for Sen. Mitt Romney's (R-UT) campaign, told MSNBC host José Díaz-Balart that the kind of town halls lawmakers are facing back home could ultimately have an impact.

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Judge finds probable cause to hold Trump admin in contempt over deportation flights

U.S. District Judge James Boasberg found probable cause to hold President Donald Trump's administration in contempt of court over officials' rush to deport hundreds of people to El Salvador despite an order telling them not to.

In a 46-page ruling on Wednesday, the judge stopped short of deferring officials for prosecution immediately.

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FBI raid on China-born professor 'brings chills to spines' of experts

The recent raid by federal agents on two homes owned by a China-born cybersecurity professor has shocked his community and struck fear through fellow academics.

Xiaofeng Wang had been questioned by his employers at Indiana University in December about alleged undisclosed payments from China for a project that also received U.S. federal research grants, and though he hasn't been charged with any crimes, he was fired on the same day as the raids in an apparent violation of the school's own policy, reported The Guardian.

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'Trying to make a moment': Heated exchange erupts between CNN anchor and GOP lawmaker

In a heated exchange, CNN anchor Pamela Brown and Congressman Rich McCormack (R-GA) accused each other of trying to 'make a moment' while speaking about the deportation of Maryland man Kilmar Armando Abrego Garcia.

“Are we supposed to blindly trust the government when it alleges gang ties without providing the evidence to back it up? Again no, we don't know. Maybe he is, maybe he isn't but the administration hasn't provided that evidence,” Brown pressed.

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