Today's Headlines: Trump Expected to Announce Kevin Warsh as Fed Chair
Trump Weighs New Military Options Against Iran
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The New York Times
Today's Headlines

January 30, 2026, 4:30 a.m. Eastern time

Top News

Trump Is Expected to Announce Kevin Warsh as Fed Chair

President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve, saying it is someone “known to everybody in the financial world.”

Trump Weighs New Military Options Against Iran

The plans being weighed by the president go beyond those he considered weeks ago amid widespread protests against Iran’s government.

Democrats Reach Spending Deal With Trump, Seeking to Rein In ICE

Democrats and the White House agreed to fund the Department of Homeland Security for two weeks while they negotiate restrictions on an immigration crackdown. Senators said they hoped to vote on the deal on Friday.

World

Xi’s Military Purge May Set Back His Taiwan Ambitions

By ousting his top generals, Xi Jinping has secured absolute control but also hollowed out the command structure preparing for possible war over Taiwan.

Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector

Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.

Trump Says Putin Agreed to a Weeklong Pause in Attacks Amid Extreme Cold

Russia has left thousands of apartment buildings in Kyiv without heat in recent weeks, in a campaign that has appeared aimed at breaking Ukraine’s morale.

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U.S.

‘It’s All About Us Now’: Video Shows Bovino’s Orders to Agents in L.A. Raids

The Border Patrol commander gave agents wide latitude to arrest people as immigration raids began last summer. Similar tactics were later used in other cities.

One Solution for Too Many A’s? Harvard Considers Giving A+ Grades.

Harvard University has been trying to cut back how many A grades professors give. Now, 53 percent of grades are A’s, down from 60 percent.

Coastal Storm Could Bring Deep Snow to the Carolinas

Up to a foot is possible this weekend in parts of the Southeast and on Cape Cod, with smaller amounts expected for much of the East Coast.

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Politics

War Threats and Ambiguous Evidence: Trump Again Confronts Iran

There is little sign that Iran has made significant progress in reconstituting its nuclear program, leaving questions about the timing and motive behind potential plans for further attacks.

Did Trump Really Give Nicki Minaj a $1 Million ‘Gold Card’ Visa?

“Gold Trump card free of charge,” the rapper wrote on social media. But the White House says it’s not what it seems.

An Ethicist ‘in the Scalia Mold’: The Minnesota Judge Blasting ICE

Judge Patrick Schiltz, an appointee of George W. Bush, became an unlikely critic of the Trump administration’s tactics in Minnesota.

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Business

U.S. Trade Deficit Widens Despite Trump’s Tariffs

The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.

Washington Post Plans Cuts to Reshape Newsroom

The changes are expected to include significant layoffs in areas like sports and international coverage.

Panama Court Strikes Down Hong Kong Firm’s Canal Contract

The ruling delivers a victory to President Trump, who said he wants American control of the canal, and a blow to the longtime ports operator, CK Hutchison.

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Technology

How the A.I. Boom Could Push Up the Price of Your Next PC

A.I. companies are buying up memory chips, causing the prices of those components — which are also used in laptops and smartphones — to soar.

Apple Reports Record iPhone Sales Amid Holiday Bump

New phone designs, coupled with robust holiday spending, continued to lift iPhone sales in the quarter and drove the company to record profits.

OpenAI in Talks to Raise as Much as $100 Billion

OpenAI’s discussions with Microsoft, Nvidia, Middle Eastern sovereign wealth funds and others could value it at $750 billion or more.

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New York

Pizza Cutter and a Fork: A Bizarre Bid to Break Mangione Out of Jail

Federal prosecutors said a man was arrested after he impersonated an F.B.I. agent during a visit to the federal jail in Brooklyn where Luigi Mangione is being held.

Man Charged With Hate Crimes After He Rams Car Into Chabad Headquarters

The police accused a New Jersey man of slamming his vehicle into the Hasidic Jewish organization’s Brooklyn headquarters. The man’s father said that his son wanted to convert to Judaism.

Suspect Is Said to Have Tampered With Stove Before Deadly Bronx Fire

A gas leak from the stove started a fire that engulfed apartments on the top floors. The man was arrested on Wednesday.

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Arts

At ‘Melania’ Premiere, the President Sees ‘Glamour’ and Others See Graft

Amazon paid Melania Trump’s production company $40 million for the movie and then paid another $35 million to promote it.

They’re Stepping Up on ‘The Pitt’

Four actors discuss the evolution of their young clinician characters on “The Pitt.” In Season 2 they are a little older, a little wiser and still soaked in fake blood.