NPR Politics
EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto
European Union leaders unanimously approved a $106 billion loan package for Ukraine, breaking a months-long political impasse after Hungary's Viktor Orbán dropped his opposition to the deal. The funding will cover Ukraine's economic and military needs over the next two years, providing a critical lifeline as the war with Russia grinds on. The agreement marks a significant show of unified European commitment to Kyiv despite persistent internal divisions.
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Justice Department drops inquiry into Fed Chair Jerome Powell
The Justice Department has closed its inquiry into Federal Reserve Chair Jerome Powell, clearing a significant bureaucratic hurdle in the administration's push to reshape monetary policy leadership. The decision effectively smooths the path for Senate confirmation of Kevin Warsh, President Trump's pick to lead the central bank. The move signals the White House is consolidating its effort to install a loyalist at the Fed ahead of Powell's term ending in 2026.
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