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Federal Reserve Chairman Jerome Powell said the U.S. central bank was served with grand jury subpoenas by the Department of Justice on Jan. 9. Powell confirmed in a statement on Jan. 11 that officials threatened a criminal indictment over his Senate Banking Committee testimony in June 2025. Powell noted the testimony “concerned, in part, a multi-year project to renovate historic Federal Reserve office buildings.” The central bank chief dismissed the idea that this criminal probe was driven by his testimony or the renovation, saying it's connected to his position on interest rates.President Donald Trump said on Sunday that Iran’s leadership has contacted his administration to seek negotiations after he warned of possible military action in the wake of mass protests in Iran. Trump told reporters aboard Air Force One that Iranian leaders had reached out to U.S. officials and that a meeting between the two sides was being set up.

Millions Demand Khamenei Out; Iran Threatens U.S. Bases | NTD News Today Jan. 11

The Department of Homeland Security identified the two people shot in Portland on Thursday, saying they are “suspected Tren de Aragua gang associates”.U.S. military forces boarded an oil tanker in an early morning operation in the Caribbean Sea on Friday, the third such action this week, the U.S. Southern Command announced in a statement.

Minneapolis Public Schools canceled classes on Thursday and Friday out of caution, citing protests sparked by the fatal shooting of a female driver by federal immigration agents. The district will not move to e-learning, as that is only allowable under severe weather conditions. School will resume in the city on Monday, Jan. 12.The Senate is due to consider a resolution on Thursday that would block President Donald Trump from taking further military action against Venezuela without congressional authorization. Senate passage would be a significant victory for the lawmakers who have been pushing the war powers issue. To become law, however, the resolution would have to pass the Republican-led House of Representatives and survive an expected Trump veto, which would require two-thirds majorities in both chambers to override.

The U.S. European Command announced the seizure of a Venezuela-linked oil tanker for violations of U.S. sanctions in a post on X on Wednesday. U.S. forces had been trailing the vessel since last month after it tried to evade a U.S. blockade around Venezuela. The ship was sanctioned by the United States in 2024 for allegedly smuggling cargo for a company linked to terrorist group Hezbollah.The House Oversight Committee will hear testimony on Wednesday from Minnesota state lawmakers on allegations of fraud and the misuse of federal funds in the state. NTD will have live coverage of the hearing.