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President Trump calls for 10% interest rate cap on credit cards, sparking debate on feasibility and potential impact on consumers and lenders as January 20th approaches.

Federal prosecutors launch investigation into New York Attorney General Letitia James, focusing on campaign payments to her longtime hairdresser, Marsh, who faces federal charges for bank fraud and identity theft. James lawyer dismisses the probe as politically motivated, while the Justice Department maintains no evidence links her to Marshs crimes. The investigation is ongoing, adding to their long-standing feud.

President Trump is urging American oil companies, particularly ExxonMobil, to invest directly in Venezuelas oil sector, bypassing the Venezuelan authorities. He signed an executive order to protect Venezuelan oil funds from seizures, aiming to reboot the countrys economy under U.S. guidance. However, ExxonMobil remains cautious due to the unstable commercial frameworks and history of asset seizures by the state.

Minnesotas top Republican, Tom Emmer, demands Governor Tim Walzs resignation amid a massive welfare fraud scandal, accusing him of failing to hold his administration accountable. With at least one billion dollars stolen, Emmer joins a House Oversight Committee hearing, detailing whistleblower retaliation and weakened internal watchdogs. Walz denies wrongdoing but faces mounting political pressure as investigations continue.

At the Golden Globes, celebrities wore black-and-white anti-ICE pins to honor Renee Good, a woman killed by an ICE officer. The pins, featuring slogans like Be Good and Ice Out, brought a strong political message to the red carpet. Protests have erupted nationwide, demanding accountability for Good and a separate incident in Portland. Organizers behind the pins, including Working Families Power, reached out to entertainers, drawing on Hollywoods history of activism. An FBI probe into Goods death is ongoing, while the Trump administration defends the officer. Activists vow to keep pushing the issue through the rest of awards season.

President Trump expresses frustration with ExxonMobils hesitance to invest in Venezuela post-Maduro, promising direct U.S. deals to ease oil executives concerns. Meanwhile, ExxonMobils CEO cites historical state asset grabs, U.S. sanctions, and political instability as barriers. Trump signs an executive order to safeguard Venezuelan oil funds, aiming to stabilize the countrys economy and politics through economic measures and market influence.

Federal Reserve Chair Jerome Powell is under federal investigation for spending on the central banks headquarters renovation, with costs ballooning seven hundred million dollars over budget. The probe, led by U.S. Attorney Jeanine Pirro, is examining Powells public testimony and project records. The renovations, which began in 2022, have been met with criticism and scrutiny, particularly amid President Donald Trumps ongoing feud with Powell. Powell has maintained that early plans for luxury add-ons were scaled back, and he has vowed to stand firm against any pressure from the investigation.