The Petersburg Post
Top News Stories for Wednesday, January 21st 2026
Wednesday, Jan 21st, 2026 -
The US Supreme Court so far has helped shield the Federal Reserve from President Donald Trump 's efforts to seize control. An argument Wednesday will test just how committed the court is to the Fed's independence. The justices will weigh whether to let Trump fire Fed Governor Lisa Cook over mortgage-fraud allegations that she denies. The session will coincide with a Justice Department criminal investigation into ...
Source: news.bloomberglaw.com
Wednesday, Jan 21st, 2026 -
The Supreme Court is running into a problem: There appears to be a gap between what the court writes in its opinions, and what the justices in the majority actually mean. Over the last year, the conservative justices have chastised lower court judges for not following their unsigned orders in unrelated cases. Those orders often don't have a majority opinion upon which other judges can rely, and they typically ...
Source: newrepublic.com
Wednesday, Jan 21st, 2026 -
ABA Banking Journal annually wraps the year completed and looks ahead across a range of challenges, trends and potential changes for banks and bankers: Off the map: Top bank risks for 2026 New risks, uncertain territory make risk management a perilous journey in the new year. Podcast: The 2026 outlook for bank M&A The bank consolidation logjam broke in 2025, with several banks, including large regionals, inking ...
Source: bankingjournal.aba.com
Wednesday, Jan 21st, 2026 -
Jan. 20 (UPI) -- Lindsey Halligan has stepped aside from the U.S. attorney role, Attorney General Pam Bondi announced Tuesday night, after a judge ordered her to stop "masquerading" as the top prosecutor for the Eastern District of Virginia. Bondi praised Halligan for her service to the Justice Department while blaming Democrats for President Donald Trump 's former lawyer's inability to continue on in her position. ...
Source: upi.com
Wednesday, Jan 21st, 2026 -
A year after the Texas outbreak began, new US cases reveal gaps in vaccination and rising risk for children T he measles outbreak in South Carolina now stands at 664 cases, more than doubling in a few weeks, officials said this week. The highly contagious virus has also spread onward to North Carolina, Ohio and Washington state, and similar outbreaks are unfurling in Arizona and Utah as well. The outbreak, which ...
Source: theguardian.com
Wednesday, Jan 21st, 2026 -
The tech giant begins testing "sponsored" labels in the U.S. as it scales AI infrastructure toward a $1.4 trillion commitment. OpenAI will introduce advertising in ChatGPT's free version for logged-in adult users in the United States, as the company addresses rising AI development costs. The company announced on Friday that advertisements will also extend to subscribers of the new $8 per month "Go" plan, while ...
Source: techbriefly.com
Wednesday, Jan 21st, 2026 -
California's potential adoption of a one-time 5 percent "billionaire tax" on the net worth of high-value individuals is already sending wealthy residents fleeing for the exits. By one estimate, at least a trillion dollars has moved beyond the reach of state officials. But a new analysis says the tax may be even more onerous than advertised. Californians may need to get used to the sight of moving vans leaving the ...
Source: reason.com
Tuesday, Jan 20th, 2026 -
Getting your Trinity Audio player ready... By MICHELLE CHAPMAN and WYATTE GRANTHAM-PHILIPS, AP Business Writer Netflix is now offering to buy Warner Bros. Discovery's studio and streaming business in all cash — in an effort to win over the Hollywood giant's shareholders for its $72 billion merger and potentially thwart a hostile bid from Skydance-owned Paramount. Back in December, ...
Source: orlandosentinel.com
Tuesday, Jan 20th, 2026 -
Washington — Vice President JD Vance and second lady Usha Vance announced Tuesday that they are expecting their fourth child. "We're very excited to share the news that Usha is pregnant with our fourth child, a boy," the pair announced in an Instagram post . "Usha and the baby are doing well, and we are all looking forward to welcoming him in late July." The vice president and second lady expressed ...
Source: cbsnews.com
Tuesday, Jan 20th, 2026 -
Stay up to date with notifications from The Independent Notifications can be managed in browser preferences. Swipe for next article The spending bill will set aside money for de-escalation training and body cameras and restrict how much money can go to detention A spending deal to keep the government open until the end of September will continue funding Immigration and Customs Enforcement, but not at the ...
Source: independent.co.uk
Tuesday, Jan 20th, 2026 -
Jan. 20 (UPI) -- The U.S. Department of Justice served subpoenas to several Minnesota officials Tuesday, including Gov. Tim Walz, Minneapolis Mayor Jacob Frey, St. Paul Mayor Kaohly Her and others for an alleged conspiracy to impede federal immigration officers. Two Minnesota prosecutors, Attorney General Keith Ellison and Hennepin County Attorney Mary Moriarty, were sent similar subpoenas. U.S. Deputy Attorney ...
Source: upi.com