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Trump–Powell Showdown Intensifies as White House Floats Criminal Charges

                                                       Donald Trump and Federal Reserve Chair Jerome Powell A dramatic escalation in the long‑running tension between President Donald Trump and Federal Reserve Chair Jerome Powell has thrust the independence of the U.S. central bank into the spotlight. The conflict deepened after Powell disclosed that the Department of Justice had issued grand jury subpoenas to the Federal Reserve—an action he suggested was politically motivated. The inquiry centers on Powell’s congressional testimony about cost overruns tied to a Federal Reserve building renovation. Powell has dismissed the investigation as a pretext, arguing that the administration’s real aim is to pressure the Fed into cutting interest rates more aggressively, a move Trump has repeatedly demanded. The threat of potential...

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GTA under winter weather travel advisory with storm expected to dump up to 10 cm of snow

 

The Greater Toronto Area (GTA) is under a winter weather travel advisory as a storm is expected to dump up to 10 cm of snow. 

Environment Canada has issued travel advisories for nearly the whole Golden Horseshoe, with snow expected to start falling in the late afternoon or early evening. Winds of up to 70 km/h mixed with the falling snow could significantly reduce visibility for drivers. 

The snow is expected to transition to rain later tonight or early Saturday morning as temperatures rise above freezing. The TTC says it will deploy extra employees and maintenance vehicles through the transit system to spread salt, clear snow from surfaces, and keep signals, switches and overhead power operating in the event of the storm on Friday.

 

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