Trump names NEW Fed chair to REPLACE Jerome Powell

Fox News’ Alexandria Hoff provides details on President Donald Trump’s Federal Reserve announcement and executive order to fight drug addiction.…

Fed Chair Jerome Powell slashes rates by 25 bps

Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting.

Arkansas school director sentenced for being 'ringleader' of child fight club Tue May 5, 2026 7:05 am
An Arkansas school director was sentenced to 30 days in jail and nine years of probation after prosecutors accused her of running a child fight club.
Explosion at a fireworks plant in China kills at least 21 people, injures dozens more: report Tue May 5, 2026 4:03 am
An explosion at a fireworks factory in in China's Hunan province killed at least 21 people and injured 61 others, according to state media reports.
Civil rights groups file lawsuit seeking to block Texas law allowing cops to arrest illegal migrants Tue May 5, 2026 2:06 am
Civil rights groups, including the ACLU, filed a new lawsuit on Monday to block a Texas law that would allow police to arrest migrants who enter through the southern border.