Bank of America CEO warns market “will punish people” without independent Fed

Bank of America Chairman and CEO Brian Moynihan said last week that, as President Trump searches for a new chair of the Federal Reserve, maintaining the banking system’s independence is paramount. The market “will punish people if we don’t have an independent Fed,” Moynihan said in a segment for “Face the Nation with Margaret Brennan”

Transcript: Bank of America CEO Brian Moynihan on “Face the Nation with Margaret Brennan,” Dec. 28, 2025

The following is the transcript of the interview with Bank of America Chairman and CEO Brian Moynihan that aired on “Face the Nation with Margaret Brennan” on Dec. 21, 2025. Editor’s note: This interview was filmed on Dec. 17, 2025.   MARGARET BRENNAN: Well, thank you for making time. BANK OF AMERICA CEO BRIAN MOYNIHAN:

Legal Group Sues Census Bureau to Prevent ‘Unlawful’ Methods in 2030 Count

The U.S. Census logo appears on census materials received in the mail with an invitation to fill out census information online in San Anselmo, Calif., on March 19, 2020. Justin Sullivan/Getty Images A public-interest law firm is suing the U.S. Census Bureau to ensure that allegedly flawed procedures used in the 2020 census are not

Trump–Kennedy Center to Sue Jazz Musician for $1 Million Over Canceled Christmas Eve Performance

The Donald J. Trump and John F. Kennedy Memorial Center for the Performing Arts in Washington on Dec. 21, 2025. Madalina Kilroy/The Epoch Times The Trump–Kennedy Center stated that it will sue a jazz musician for $1 million in damages after he canceled a Christmas Eve performance in an effort to protest the venue’s renaming.

Trump establishing a hard line on foreign policy

During his first year back in power, President Trump has used American military might to send messages to adversaries abroad. On Christmas Day, Mr. Trump ordered a strike on ISIS militants in Nigeria, which came about one week after the U.S. also struck ISIS targets in Syria. Willie James Inman reports from Mar-a-Lago. Original CBS

Trump Says 2026 Midterms Will Be Referendum on Prices, Economic Success

President Donald Trump at the White House on Oct. 14, 2025. Madalina Kilroy/The Epoch Times President Donald Trump said he expects the 2026 midterm elections to hinge on prices and perceptions of economic progress, betting that easing inflation, lower energy costs, and rising wages will be key to persuading voters to keep Republicans in control

Urban Disorder: Petty Theft Leads to Fatal Crash in Portland

Misdemeanor theft cases dropped 60 percent from 2019 to 2023 in Multnomah County thanks to ‘catch and release’ policies The damaged traffic box at the site of a fatal accident in Portland. The traffic lights lost function after a thief stole copper wire from the box. (City of Portland) A Portland thief who stole copper