Top Stories • January 12, 2026

Federal prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell over whether he misled Congress about a $2.5 billion renovation of the Fed’s Washington headquarters. Tensions remain high in Minneapolis after the fatal ICE shooting of Renee Nicole Good, with nationwide protests continuing and more federal agents deployed. President Donald Trump says Iran has signaled a willingness to negotiate following deadly anti-government protests, while warning the U.S. is considering strong options if repression continues. Trump has also reiterated the U.S. will act on its strategic interests in Greenland, escalating tensions with Denmark and NATO allies.