Federal prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell, triggering fresh concerns about the independence of the US central bank. Powell has publicly linked the probe to ongoing political pressure over interest rate decisions, raising alarms across financial markets.

President Donald Trump is pushing back against renewed scrutiny over his health after visible bruising on his hand sparked online speculation. In a wide-ranging interview, Trump explained that the bruise was caused accidentally during a high-five, saying a ring worn by Attorney General Pam Bondi struck his hand.