Jerome Powell, the head of the US Federal Reserve, dismissed speculation that former President Donald Trump could remove him from his position when he returns to office in January 2025. Speaking at a press conference after the Fed lowered its key interest rate to 4.5%-4.75%, Powell said he would not step down if asked, adding that the law protects his role from presidential interference.

The Israeli parliament has passed a law allowing the government to deport family members of individuals convicted of terrorism, including Israeli citizens. The legislation applies to immediate relatives, such as parents, siblings, or children, of those found guilty of committing or supporting acts of terrorism.

Quick View – Contents What does a Donald Trump presidency look like for the economy? On…

President-elect Donald Trump is preparing to select his top team for his return to the presidency in January. The former president won the 2024 election by a landslide beating Vice President Kamala Harris, who delivered her first speech since the loss yesterday.

The Republican Party has secured control of the U.S. Senate, flipping key seats in West Virginia, Ohio, and Montana. With these wins, Republicans are guaranteed at least 52 of the Senate’s 100 seats, though a few races remain undecided.

Germany’s governing coalition is on the brink of collapse after Chancellor Olaf Scholz fired Finance Minister Christian Lindner, triggering a political crisis. Scholz, leader of the Social Democrats (SPD), announced that he had lost trust in Lindner, who heads the Free Democratic Party (FDP) and is part of the coalition.