CNN 5 Things Fed’s new warning on tariffs, Pentagon officials on leave, RFK Jr.’s autism claims & more
Apr 16, 2025
A warning from the Federal Reserve has left the stock market shaken, particularly regarding Trump's trade policies. Investigations are underway involving three Pentagon officials. In Dallas, a school shooting has raised urgent concerns about safety. Additionally, the U.S. Health & Human Services secretary has sparked debate over rising autism rates and their possible connections to environmental factors. The conversation hints at future AI developments and the ethical implications surrounding them.
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Fed Warns Tariffs Risk Economy
- Federal Reserve Chair Jerome Powell warned that President Trump's tariffs could slow the economy and increase unemployment.
- Tariffs may also push inflation higher if their costs are passed on to the public, risking lasting economic harm.
Pentagon Officials Investigated
- Three Pentagon political appointees were placed on administrative leave amid an ongoing investigation.
- The probe involves unauthorized disclosures and internal disagreements within Defense Secretary Pete Hegseth's team.
IRS-ICE Data Deal Scrutinized
- A federal judge is questioning the legality of the IRS sharing taxpayer data with ICE for immigration enforcement.
- The tax code permits data sharing for criminal investigations but not explicitly for deportation facilitation.