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1/ Biden, calling inflation his “top economic priority,” met with Federal Reserve Chair Jerome Powell and outlined a three-part plan to tackle high prices. Biden said the Fed has “a primary responsibility to control inflation” and that he’s “not going to interfere with their critically important work.” Biden added: “The most important thing we can do now to transition from rapid recovery to stable, steady growth is to bring inflation down.” The Fed is currently in the process of raising interest rates at the most aggressive pace since the 1980s to cool demand to moderate price pressures. (Politico / Wall Street Journal / New York Times / Bloomberg / Associated Press)
2/ A lawyer for Hillary Clinton’s 2016 presidential campaign was found not guilty of lying to the FBI when he shared a tip about possible connections between Trump and Russia two months before the election. The jury verdict in favor of Michael Sussmann was the first courtroom test for special counsel John Durham, who was tasked by the Trump administration three years ago with finding possible wrongdoing among federal agents who investigated Trump’s potential ties with Russia during the 2016 campaign. Sussmann was accused of lying to the FBI in September 2016 when he brought the FBI allegations of a secret computer communications backchannel between the Trump Organization and Russia-based Alfa Bank. Sussmann had claimed that he was not bringing the information on behalf of a client. Prosecutors, however, alleged Sussmann had done so on behalf of the Clinton campaign and technology executive Rodney Joffe. After deliberating for about six hours, jurors found Sussmann not guilty. (Politico / NPR / Associated Press / New York Times / Washington Post / Wall Street Journal / Bloomberg)
3/ The Justice Department subpoenaed former Trump adviser Peter Navarro to appear before a grand jury as part of its probe into the Jan. 6 insurrection. It’s the first known instance of prosecutors seeking testimony from someone who worked in the Trump White House. Navarro, meanwhile, called the subpoena the “fruit of the poisonous tree.” The House voted to refer Navarro to the Department of Justice on a criminal contempt of Congress charge last month after he refused to cooperate with the committee’s subpoena for testimony and documents. (New York Times /
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1/ Biden, calling inflation his “top economic priority,” met with Federal Reserve Chair Jerome Powell and outlined a three-part plan to tackle high prices. Biden said the Fed has “a primary responsibility to control inflation” and that he’s “not going to interfere with their critically important work.” Biden added: “The most important thing we can do now to transition from rapid recovery to stable, steady growth is to bring inflation down.” The Fed is currently in the process of raising interest rates at the most aggressive pace since the 1980s to cool demand to moderate price pressures. (Politico / Wall Street Journal / New York Times / Bloomberg / Associated Press)
2/ A lawyer for Hillary Clinton’s 2016 presidential campaign was found not guilty of lying to the FBI when he shared a tip about possible connections between Trump and Russia two months before the election. The jury verdict in favor of Michael Sussmann was the first courtroom test for special counsel John Durham, who was tasked by the Trump administration three years ago with finding possible wrongdoing among federal agents who investigated Trump’s potential ties with Russia during the 2016 campaign. Sussmann was accused of lying to the FBI in September 2016 when he brought the FBI allegations of a secret computer communications backchannel between the Trump Organization and Russia-based Alfa Bank. Sussmann had claimed that he was not bringing the information on behalf of a client. Prosecutors, however, alleged Sussmann had done so on behalf of the Clinton campaign and technology executive Rodney Joffe. After deliberating for about six hours, jurors found Sussmann not guilty. (Politico / NPR / Associated Press / New York Times / Washington Post / Wall Street Journal / Bloomberg)
3/ The Justice Department subpoenaed former Trump adviser Peter Navarro to appear before a grand jury as part of its probe into the Jan. 6 insurrection. It’s the first known instance of prosecutors seeking testimony from someone who worked in the Trump White House. Navarro, meanwhile, called the subpoena the “fruit of the poisonous tree.” The House voted to refer Navarro to the Department of Justice on a criminal contempt of Congress charge last month after he refused to cooperate with the committee’s subpoena for testimony and documents. (New York Times /
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