The New York Times-The Evening
"The Fed chair fights back against Trump" and "Iran says it's ready for war or diplomacy."
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Content and Source: "The New York Times-The Evening."
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Russ Roberts (https://trendsingeopolitics.blogspot.com).
 January 12, 2026 |
Good evening. Here’s the latest at the end of Monday.
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| Caroline Gutman for The New York Times |
Notable Republicans criticize investigation of Fed chair
Several Republican lawmakers, including three senators, criticized the Trump administration today over its decision to open a criminal investigation into Jerome Powell, the Federal Reserve chair. The backlash could constrain President Trump’s ability to dictate the central bank’s next steps, a power he has long coveted.
Powell received the support of every living former Fed chair and several former Treasury secretaries. They signed a statement denouncing the investigation as an “unprecedented attempt” to undermine the Fed’s independence.
The inquiry — the existence of which my colleagues revealed last night — is the first criminal investigation of a Fed chair in history. It revolves around Powell’s oversight of a $2.5 billion renovation of the central bank’s headquarters in Washington. And it represents a remarkable escalation in Trump’s pressure campaign against Powell, whom the president ridiculed as a “numbskull” and a “clown” for resisting his demands to more quickly cut interest rates.
Powell tried for many months to avoid a fight as Trump sought to wrest more control over the Fed. But in a video message last night, Powell accused the administration of using legal threats as “pretexts” to coerce the central bank into ceding to the president’s demands.
In other Trump administration news:
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| A still from video shared on social media on Friday, verified by The Times, showed crowds in Tehran. UGC, via Agence France-Presse — Getty Images |
Iran said it is ready for war, but open to negotiate
Protests in Iran that began two weeks ago over economic woes have snowballed over the past few days into a mass movement. Some experts consider it to be one of the gravest challenges to the country’s authoritarian rulers in decades. In response, authorities have aggressively cracked down, with rights groups reporting casualties in the hundreds.
Videos published on Iranian social media channels on Sunday and verified by the Times showed dozens of what appeared to be body bags. In the videos, large crowds of people gather around the bags, with some people unzipping them to try to identify a loved one.
Trump suggested last night that the situation had gotten so bad that the U.S. might intervene. He said the U.S. military was “looking at some very strong options.” Iran’s foreign minister responded today, saying that his country was prepared for conflict, but also ready to negotiate.
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| The coal-fired John Amos Power Plant in Winfield, W.Va. Alyssa Schukar for The New York Times |
E.P.A. to stop using health to justify costs of limiting pollution
The E.P.A. has for decades included the monetary value of preventing health problems and saving lives as part of the cost-benefit analyses it uses to determine environmental regulations. The Trump administration plans to end that.
The change could make it easier to repeal limits on pollutants from coal-burning power plants, oil refineries and other facilities. It would most likely result in lower costs for companies, but dirtier air.
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| Hilary Swift, Bridget Bennett and Travis Dove for The New York Times |
Democrats are debating who should vote first
The Democratic Party has begun to puzzle over where to start its primary elections for the 2028 presidential race. Should it be in a battleground state, like Nevada? In what has been an early state, like Iowa or New Hampshire? Or perhaps somewhere with a higher percentage of Black voters, like South Carolina?
States have until the end of the week to apply for an early position. Our political correspondent, Shane Goldmacher, explains why the choice could help decide the future of the party.
In other politics news, Mary Peltola, a Democrat who had been a U.S. representative from Alaska, announced that she was running for the state’s U.S. Senate seat.
More top news
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WATCH TODAY’S VIDEOS |
We’re experimenting this week with sending you two or three videos from my colleagues at The Times in each newsletter. Some will feature expert analysis and reporting from around the world. Others will spotlight must-read books, a great song or a delicious recipe. Check them out below and let me know what you think.
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TIME TO UNWIND |
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| Jacob Elordi, a nominee for “Frankenstein” and “The Narrow Road to the Deep North.” Sinna Nasseri for The New York Times |
Take a look behind the scenes at the Golden Globes
Despite a few strange production choices, last night’s Golden Globes were plenty of fun. Nikki Glaser put on a comedy clinic as host, roasting some of the biggest stars there. Fifteen striking outfits caught our eyes. And Paul Thomas Anderson’s “One Battle After Another” won big.
One of our photographers, Sinna Nasseri, was on the ground there, snapping stars’ candid moments. Another was backstage, photographing the winners.
For more awards chatter: Our critics picked out the films that they think deserve Oscar nominations.
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| Sam Dearden for The New York Times |
A new play experiments with the power of mixed reality
Later this month, when “An Ark” opens at the Shed in Manhattan, Ian McKellen will look each audience member in their eyes and speak to them directly. “Don’t panic,” he will say. Except, McKellen won’t actually be in front of the crowd, at least not in flesh and blood form.
The play is one of the first to use mixed reality, a technology that blends the real physical world with digital content. The audience will be wearing special glasses that allow them to see the actors, who recorded the performance beforehand. We talked to them about what it was like.
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| Chris Buck for The New York Times |
Dinner table topics
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WHAT TO DO TONIGHT |
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| Julia Gartland for The New York Times |
Cook: These spinach egg bites are an excellent grab-and-go snack.
Watch: “The Follies” is one of this month’s top international movies to stream.
Read: Our critic said that Jim Paul’s 1991 book “Catapult” deserves a second moment in the sun.
Focus: Experts recommend three steps to focus your attention span.
Grocery shop: To eat healthier, surround yourself with the right foods.
Test yourself: Take the latest Flashback history quiz.
Play: Here are today’s Connections, Wordle and Mini Crossword. Find all our games here.
ONE LAST THING |
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| Tim Mosenfelder/Getty Images |
Bob Weir was a virtuoso of short shorts
Bob Weir, a founding member of the Grateful Dead, died at 78, his family announced on Saturday. He is remembered as a rhythm guitarist and songwriter, whose talents can been heard in some of the band’s most memorable songs. He also wore short shorts like no other.
Weir’s jeans were chopped so high that fans far from the stage could make out his upper thighs. Shy about skin he was not, our fashion reporter wrote. Weir said it was all about beating the heat: “It’s always July under the lights,” he said. “And after a while, I got just good and goddamned tired of it. So, shorts.”
Have a stylish evening.
Thanks for reading. I’ll be back tomorrow. — Matthew
Eli Cohen was our photo editor.
We welcome your feedback. Write to us at evening@nytimes.com.
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Writer: Matthew Cullen Editor: Whet Moser |
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