Le Journal

Trump speaks at White House press briefing to mark one year in office

Democrat Mikie Sherrill sworn in as New Jersey's 57th governor

75-year-old woman and dog killed in hit-and-run in Camden County, police say
A 75-year-old woman and her dog were killed in a hit-and-run crash in Voorhees Township, New Jersey, on Saturday, Jan. 17, 2026, officials announced on Tuesday. The crash occurred in the area of Evesham Road and Alpha Avenue at around 6 p.m. on Saturday, officials said The woman — who is from Cherry Hill, New Jersey, but her name has not been publicly identified — was pronounced dead at the hospital later in the evening, officials said. Her dog was pronounce dead at the scene. The alleged driver in the crash, 34-year-old Shakira Carter, initially fled the scene, but then returned in a different vehicle, officials said. Carter, who is also from Cherry Hill, was charged with second-degree leaving the scene of a fatal motor vehicle accident on Monday, officials said. Carter is also an employee of the New Jersey Juvenile Justice Commission, but has been suspended pending the matter, officials said. Anyone with information on the incident is urged to contact Camden County Prosecutor’s Office at 856-225-8083.

Teen charged in hit-and-run crash that killed Philly DJ

U.S. citizen says ICE took him from his Minnesota home in his underwear after warrantless search

Jerome Powell to attend Supreme Court arguments in case on Trump's power to fire Fed Gov. Lisa Cook
Federal Reserve Chair Jerome Powell will attend Supreme Court oral arguments on Wednesday in a case addressing whether President Donald Trump can fire Fed governor Lisa Cook, according to a person familiar with Powell’s plans. The Supreme Court initially allowed Cook to remain in office in October as they prepared to hear arguments in January. Powell’s planned attendance comes as he wages a broader battle to preserve the Fed’s independence from political pressure. Earlier this month, the Fed chair announced that the Justice Department served the central bank with grand jury subpoenas and threatened a criminal indictment. The subpoenas, which focus on a $2.5 billion renovation of Fed buildings, came after Trump has repeatedly pressured the central bank to lower interest rates further. The president has lashed out at Powell in particular, criticizing him as “too late” and “a major loser.” Economy Jan 12 Why the Federal Reserve has historically been independent of the White House Trump administration Jan 11 Federal Reserve hit with DOJ subpoenas, indictment threat, Chair Jerome Powell says The Federal Reserve declined to comment on Powell attending the arguments, which was first reported by The Associated Press. NBC News has reached out to the White House for comment. Powell said that the threatened indictment was related to his June testimony to the Senate about the renovations, but argued that “those are pretexts.” “The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President,” he said. Trump said in August that he was removing Cook from her position, citing Federal Housing Finance Agency Director William Pulte’s accusations of mortgage fraud. The Federal Reserve Act restricts presidents from removing governors unless there is evidence of wrongdoing. Cook has denied the allegations, and NBC News has previously reported that bank documents appear to contradict the allegations. In a statement shortly after Trump attempted to fire Cook, her lawyer Abbe Lowell said that Trump “has no authority to remove Federal Reserve Governor Lisa Cook.” “His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis,” he said in a statement at the time. Cook’s term as Fed governor is set to end in January 2038. Lawrence Hurley contributed.

Netflix amends Warner Bros. Discovery offer to all-cash amid Paramount's takeover bid
Netflix is revising its $72 billion offer for Warner Bros. Discovery to make it an all-cash transaction. Netflix initially put forth a cash and stock deal valued at $27.75 per Warner Bros. share, giving it a total enterprise value of $82.7 billion, including debt. Netflix and Warner Bros. said Tuesday that the revised deal simplifies the transaction structure, provides more certainty of value for Warner Bros. stockholders and speeds up the path to a Warner Bros. shareholder vote. The companies said that the all-cash transaction is still valued at $27.75 per Warner Bros. share. Warner Bros. stockholders will also receive the additional value of shares of Discovery Global following its separation from Warner Bros. “Together, Netflix and Warner Bros. will deliver broader choice and greater value to audiences worldwide, enhancing access to world-class television and film both at home and in theaters,” Ted Sarandos, co-CEO of Netflix, said in a statement. “The acquisition will also significantly expand U.S. production capacity and investment in original programming, driving job creation and long-term industry growth.” Warner Bros. previously announced that it will separate Warner Bros. and Discovery Global into two separate publicly traded companies. The separation is expected to be completed in six to nine months, prior to the closing of the proposed Netflix and Warner Bros. deal. The transaction with Netflix is expected to close 12 to 18 months from the date that Netflix and Warner Bros. originally entered into their merger agreement. Both companies’ boards approved the amended all-cash deal. Media Jan 7 Warner Bros rejects Paramount bid again and tells shareholders stick to Netflix Media Dec 22, 2025 Paramount beefs up its bid for Warner Bros. Discovery with new Larry Ellison guarantee Donald Trump Dec 10, 2025 Trump says CNN should be sold as part of any Warner Bros. deal Netflix’s stock rose 1.3% before the market open, while shares of Warner Bros. Discovery fell slightly. Netflix has been in a tussle with Paramount Skydance for Warner Bros., with Paramount taking another step in its hostile takeover bid of Warner Bros. last week, saying that it would name its own slate of directors before the next shareholder meeting of the Hollywood studio. Paramount also filed a suit in Delaware Chancery Court seeking to compel Warner Bros. to disclose to shareholders how it values its bid and the competing offer from Netflix. Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures — and urged shareholders just weeks ago to back its the sale of its streaming and studio business to Netflix. Paramount, meanwhile, has made efforts to sweeten its $77.9 billion hostile offer for the entire company. Warner Bros. Discovery said earlier this month that its board determined Paramount’s offer is not in the best interests of the company or its shareholders. It again recommended shareholders support the Netflix deal. Last month, Paramount announced an “irrevocable personal guarantee” from Oracle founder Larry Ellison — who is the father of Paramount CEO David Ellison — to back $40.4 billion in equity financing for the company’s offer. Paramount also increased its promised payout to shareholders to $5.8 billion if the deal is blocked by regulators, matching Netflix’s breakup fee. In a letter to shareholders, Warner expressed concerns about a potential deal with Paramount. Warner said it essentially considers the offer a leveraged buyout, which includes a lot of debt, and also pointed to operating restrictions that it said were imposed by Paramount’s offer and could “hamper WBD’s ability to perform” throughout a transaction. The battle for Warner and the value of each offer grows complicated because Netflix and Paramount want different things. Netflix’s proposed acquisition includes only Warner’s studio and streaming business, including its legacy TV and movie production arms and…

Trump's pardons forgive financial crimes that came with hundreds of millions in punishments
Just one year into his second term, President Donald Trump has pardoned an unusually high number of wealthy people accused of financial crimes, according to an NBC News analysis of the last four administrations. Over half of Trump’s 88 individual pardons are for white-collar offenses, with money laundering, bank fraud and wire fraud among the most frequent crimes the president has wiped clean. Additionally, about half of the pardon recipients are either business executives or politicians. Included in the latest round of pardons, issued Thursday and Friday, were a former health care CEO, the former governor of Puerto Rico and a pair of siblings who were convicted on fraud charges — one of whom Trump previously freed for a different crime. A few pardon recipients are billionaires, including Binance founder Changpeng Zhao, who pleaded guilty to enabling money laundering on his crypto platform; longtime English soccer club owner Joe Lewis, who pleaded guilty last year to insider trading charges; and Venezuelan-Italian banker Julio M. Herrera Velutini, whom Trump pardoned last week while he awaited sentencing on campaign finance violations. These are aside from the group of roughly 1,500 convicted Jan. 6 rioters he pardoned on his first day back in office and additional symbolic pardons for those involved in efforts to overturn the 2020 election. While net worth statistics for other pardon recipients aren’t easily available, the amount of fines and restitution that had been imposed on them is a rough signal of their wealth. The 87 people and one corporation pardoned by Trump in the last year had been ordered to pay more than $298 million in fines and restitution — $20 million more than the total owed by all of the pardon recipients in his entire first term, and vastly more than the totals previously owed by those who received pardons during recent Democratic administrations. “We have a very thorough review process here that moves with the Department of Justice and the White House counsel’s office,” White House press secretary Karoline Leavitt said at a recent briefing, citing a team of attorneys who review every request that makes its way to Trump. She added: “And he was very clear when he came into office that he was most interested in looking at pardoning individuals who were abused and used by the Biden Department of Justice and were overprosecuted by a weaponized DOJ.” Fines, which are owed to the government, and restitution, which is owed to victims, are intended to make up for the harm caused by crime. While Trump in his second term has so far granted clemency to a broad range of people convicted of federal crimes, the pardons have often favored political allies or business interests. White House officials have consistently said the president is not focusing on fraud pardons but is focused, as Leavitt said, on cases where he thinks there was a political motivation for the case or an issue of overprosecution. Asked in an interview with CBS News last year about his pardoning of Zhao, Trump said, “I have no idea who he is. I was told that he was a victim, just like I was and just like many other people, of a vicious, horrible group of people in the Biden administration.” The president said in the interview he was “not concerned” about the appearance of corruption. “I’d rather not have you ask the question.” “I only care about one thing,” said the president. “Will we be No. 1 in crypto?” The wealth and status associated with many of those pardoned have raised concerns about potential financial and political influence on the clemency process. NBC News previously reported that the White House temporarily paused the pardon process in order to tighten its review following concerns from top officials that the process had become a lucrative business for lobbying and consulting firms during Trump’s second term. In the last year, 23 people pardoned by Trump owed more than $100,000 each in fines, restitution or both, with the total…

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