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Sam Fenwick examines a growing political storm at the world’s most powerful central bank, as US prosecutors investigate the Federal Reserve and its chair.

At Meta, a former adviser to Donald Trump steps into one of Silicon Valley’s biggest jobs, prompting new scrutiny of Big Tech’s relationship with Washington.

And in the Caribbean, Cuba faces a potential energy crunch after oil shipments from Venezuela come to a halt.

(PHOTO: U.S. President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building in Washington, D.C., U.S., July 24, 2025. Credit: REUTERS/Kent Nishimura/File Photo).