Breaking: Trump will name his Fed chair pick Jan 30, signaling a move to replace Powell in May. Shortlist: Warsh, Waller, Rieder, Hassett. Markets and lawmakers watch. What do you think? Comment. According to AP News. (apnews.com)
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On January 29, 2026, President Donald Trump told reporters he will name his nominee for Federal Reserve chair on the morning of January 30, 2026, signaling a move to replace Jerome Powell when Powell’s term ends in May. (apnews.com) Trump’s search, led by Treasury Secretary Scott Bessent, reportedly narrowed to Kevin Warsh, Christopher Waller, Rick Rieder and Kevin Hassett, with Warsh widely seen as the frontrunner. (apnews.com) The move has intensified debate about Fed independence after Trump’s public pressure on Powell and reports of a federal inquiry into Powell’s handling of a costly Fed headquarters renovation. (apnews.com) Markets and lawmakers are watching closely. (ft.com)
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Elon Musk voiced strong support as House Republicans unveiled the “Make Elections Great Again Act,” a sweeping federal election bill introduced by Rep. Bryan Steil. (forbes.com) The proposal would require photo ID to vote, mandate that mail‑in ballots be received by the close of polls on Election Day, require proof of citizenship to register, and force auditable paper ballots for federal contests. (washingtonpost.com) It would ban ballot‑harvesting and prohibit universal vote‑by‑mail programs, tighten routine voter‑roll maintenance, and condition federal election funds on compliance. (foxnews.com) Democrats and voting‑rights groups warn the changes could disenfranchise millions and face legal and political challenges ahead of 2026. (apnews.com)
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Social-media posts claim Virginia residents are panicking after electricity bills nearly tripled in January 2026, with one resident saying she now pays $600 a month and blaming “Democrat‑approved” energy rates. (independentsentinel.com) Officials present a different picture: the Virginia State Corporation Commission approved modest changes to Dominion Energy’s rates — $11.24 monthly base increase effective January 1, 2026 and an additional $2.36 in 2027 — along with fuel‑rate adjustments and a new data‑center rate class slated for 2027. (cardinalnews.org) Regulators and utilities say typical residential bills will rise in the low double‑digits, not triple, though data‑center demand and wholesale‑price spikes are raising concerns. (wvva.com)
