Thune: DOJ probe of Fed Chair Powell ‘better be serious’ 

Senate Majority Leader John Thune (R-D.) warned on Monday that the Justice Department’s criminal investigation into Federal Reserve Chairman Jerome Powell must be “realistic” and “serious” to avoid undermining the central bank’s independence and influencing the world’s financial markets. “I haven’t seen the case or whatever the charges or allegations are, but… Source link

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Alphabet hits $4 trillion market capitalization 

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Google parent company Alphabet has become the fourth member of the $4 trillion club. Alphabet shares popped 1% Monday, after Apple said it would use Google’s…

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Republican opposition grows on Capitol Hill

U.S. Senator Lisa Murkowski (R-AK) walks after the Senate passes U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Elizabeth Frantz | Reuters Republican protests are growing louder on Capitol Hill as the Trump administration’s Department of Justice pursues a criminal investigation into Federal Reserve…

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