Federal judge blocks Trump’s justice department subpoenas of Fed chair Jerome Powell – live

Judge James Boasberg said ‘a mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting for lower interest rates or resigning’Sign up for the Breaking US News emailBoth Pete Hegseth and Dan Caine were asked today about energy secretary Chris Wright’s comments to CNBC on Thursday, where he said that the US Navy cannot escort ships through the strait of Hormuz now but it was “quite likely” that could happen by the end of the month.Gen Caine appeared to agree with Wright’s assessment, calling the waterway a “tactically complex environment”. Continue reading...

Federal judge blocks Trump’s justice department subpoenas of Fed chair Jerome Powell – live

Judge James Boasberg said ‘a mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting for lower interest rates or resigning’

Both Pete Hegseth and Dan Caine were asked today about energy secretary Chris Wright’s comments to CNBC on Thursday, where he said that the US Navy cannot escort ships through the strait of Hormuz now but it was “quite likely” that could happen by the end of the month.

Gen Caine appeared to agree with Wright’s assessment, calling the waterway a “tactically complex environment”.

Continue reading...