Investigation

WASHINGTON — President Trump on Friday oversaw the White House swearing-in of the new Federal Reserve chair and said he would like Kevin Warsh’s help in stimulating the economy even as he tried to emphasize that the nation’s central bank would remain independent.

Trump spent months criticizing Warsh’s predecessor, Jerome Powell, for being reluctant to cut interests rates, with the Republican president arguing that lower borrowing costs would provide an economic boost. By taking the unusual step of holding the ceremony in the East Room and not the Fed, Trump made clear his pleasure that Warsh is now in charge.

The war with Iran has caused gas prices to spike, unsettled financial markets and driven inflation concerns across the economy. Those developments have led to recent doubts about whether Warsh might heed Trump’s calls and push the Fed to lower rates.

Still, Trump said he had faith that Warsh would prioritize a strong economy.

“Thankfully, unlike some of his predecessors, Kevin understands that when the economy is booming, it is, that’s a good thing,” the president said. Trump said it was not necessary “to go crazy. Just let it go. We want it to boom.”

Supreme Court Justice Clarence Thomas administered the oath of office. Also on hand were House Speaker Mike Johnson (R-La.), Justice Brett Kavanaugh, CIA Director John Ratcliffe and Cabinet members.

“I expect he will go down as one of the truly great chairmen of the Federal Reserve that we’ve ever had,” Trump said of Warsh.

Republican President Reagan swore in Alan Greenspan as Fed chair at the White House in 1987. Republican President George W. Bush attended the 2006 ceremony at central bank headquarters when Ben Bernanke became chair.

But having the event at the White House raises more questions about the Fed’s independence at a time when Trump has constantly sought to bend the independent central bank to his will.

Trump’s Department of Justice began an investigation into Powell and the Fed’s extensive building renovations. That drew backlash from lawmakers and the department scrapped the investigation. The Fed’s internal watchdog is now handling the matter. Powell’s term as chair ended last week, though he has opted to remain on the Fed board for now.

Trump made a point of saying during his remarks, “Honestly, I really mean this. This is not said in any other way: I want Kevin to be totally independent.”

“I want him to be independent and just do a great job,” Trump said. “Don’t look at me, don’t look at anybody. Just do your own thing.”

In the next breath, however, Trump said that “in the eyes of many, the Fed has lost its way in recent years” under his predecessor, Democratic President Biden. Trump also suggested that Warsh is looking to lead policies that promote “positive economic growth” and that doing so did not have to mean higher inflation.

Trump also noted that the stock market had risen Friday. “That means they like you,” he said of Warsh.

Warsh once harshly criticized Fed’s policies, including its low interest rate policies coming out of the pandemic, which he says contributed to the largest U.S. inflation spike in four decades in 2021-22. More recently, he has sometimes echoed Trump’s demands for lower rates.

Warsh says productivity gains from artificial intelligence will help the economy grow more quickly without spurring inflation, enabling the Fed to reduce borrowing costs. Many Fed officials, however, disagree that AI’s development will support rate cuts, especially because the technology has also been blamed for large-scale layoffs in the computer sector and other parts of the economy.

On Friday, Warsh promised “to lead a reform oriented Federal Reserve, learning from past successes and mistakes, both escaping static frameworks and models and upholding clear standards of integrity and performance.”

He told Trump that he believes “these years can bring unmatched prosperity that will raise living standards for Americans from all walks of life. And the Fed has something to do with it.”

Warsh further noted that the Fed’s mandate “is to promote price stability and maximum employment. When we pursue those aims with wisdom and clarity, independence and resolve, inflation can be lower; growth, stronger; real take home pay, higher and America … more prosperous.”

As he left the ceremony, Treasury Secretary Scott Bessent reinforced Trump’s message, predicting to reporters that Warsh will “do the right thing for inflation and growth.”

Weissert and Price write for the Associated Press.

Southampton admitted spying on Middlesbrough before the first leg of the play-off semi-final, along with Oxford United at Christmas and Ipswich Town last month.

When Saints hosted Ipswich on 28 April, the two teams were in direct competition vying to finish second and earn automatic promotion. The game ended 2-2.

Southampton have no further right of appeal to the Court of Arbitration for Sport.

The Championship play-off final will now go ahead at Wembley on Saturday between Hull City and Middlesbrough (15:30 BST kick-off), with a place in the Premier League on the line.

The fixture is dubbed as the most lucrative game in world football, with promotion worth a minimum of £200m in broadcast revenue and parachute payments.

“A league arbitration panel has dismissed Southampton Football Club’s appeal against the independent disciplinary commission’s sanction following the admittance of multiple breaches of EFL regulations,” the EFL said on Wednesday evening.

Saints called the ruling “an extremely disappointing outcome”.

It added: “While we fully acknowledge the seriousness of this matter and the scrutiny that has followed, the club has consistently believed the original sporting sanction was disproportionate, a view that has been widely shared by many in the football community over the last 24 hours.”

Hull boss Sergej Jakirovic told a news conference before the final that his club had become “collateral damage” in the drama.

“We can say everything is unfair in this last two weeks. You don’t know what’s going on,” he told BBC Radio Humberside.

The Tigers’ owner, Acun Ilicali, told Sky Sports on Wednesday that he was unhappy that his club must face different opponents at short notice, and did not rule out legal action should they lose the final.

But Ilicali conceded that there was no other option but to play the fixture against Boro “in order to finish this mess”.

MINNEAPOLIS — A Minnesota prosecutor on Monday announced charges against an Immigration and Customs Enforcement officer in the nonfatal shooting of a Venezuelan man during the Trump administration’s crackdown in the state.

The officer, Christian Castro, is charged with four counts of second-degree assault and one count of falsely reporting a crime in the Jan. 14 shooting of Julio Cesar Sosa-Celis, Hennepin County Atty. Mary Moriarty said at a news conference. A warrant was issued for his arrest.

“Mr. Castro is an ICE agent, but his federal badge does not make him immune from state charges for his criminal conduct in Minnesota,” Moriarty said, adding that Sosa-Celis never posed a threat. “There is no such thing as absolute immunity for federal officers who commit crimes in this state or any other.”

A federal officer shot Sosa-Celis in the thigh after he and another officer chased a different man to the apartment duplex where the man and Sosa-Celis lived. Moriarty said both Sosa-Celis and the other man were legally in the U.S.

Federal authorities initially accused Sosa-Celis and Alfredo Alejandro Aljorna of beating an officer with a broom handle and a snow shovel during the incident. But a federal judge later dismissed the charges, and federal officials opened an investigation into whether two immigration officers lied under oath about what happened.

Minneapolis last month released video of the incident captured from a distance by a city-owned security camera.

Department of Homeland Security and Justice Department officials didn’t immediately respond to emails seeking comment. Homeland Security previously said that lying under oath is a “serious federal offense” and that making false statements could result in an officer being fired or prosecuted.

The administration sent thousands of officers to the Minneapolis and St. Paul area as part of President Trump’s national deportation campaign. Homeland Security, which oversees ICE, called Operation Metro Surge its largest immigration enforcement operation ever and deemed it a success.

But tensions mounted during the weekslong campaign, and the shooting deaths of U.S. citizens Renee Good and Alex Pretti by federal officers provoked mass unrest and questions about officers’ conduct.

Hennepin County, which includes Minneapolis, has been conducting investigations into multiple incidents and filed charges last month against an ICE agent for alleged actions while on duty.

Minnesota leaders and the Trump administration have since clashed over which has the authority to investigate and prosecute officers for conduct while on duty. The Trump administration has suggested that Minnesota officials don’t have jurisdiction.

State officials have said they don’t trust the federal government to investigate itself or hold officers accountable.

“There’s no modern precedent for what happened to the people here in Minnesota,” Moriarty said Monday. “So it requires a lot of us to dig in and look at ways to hold people accountable that we probably never thought we would be looking at in our careers.”

Hennepin County continues to investigate Good’s and Pretti’s killings and sued the administration in March over access to evidence in the two cases, as well as in the case involving Sosa-Celis. Although Moriarty hasn’t charged anyone in either killing, she has said she’s confident her office’s investigations will bring transparency, even if not criminal prosecution.

Fingerhut and Sullivan write for the Associated Press. Fingerhut reported from Des Moines, Iowa.

A soap star being probed by cops for child sex offences against five teenage boys remains on bail despite being arrested more than 18 months ago

A soap star previously accused of child sex offences against five teenage boys still remains under investigation 18 months after being arrested. The household name was arrested in October 2024 but has been on bail since. It is understood he has been reinterviewed since then over the claims, which date back to the 1990s when the man had major roles in some of Britain’s most popular television shows.

The police force investigating the actor, who can’t be named for legal reasons, has confirmed that inquiries are ongoing, and he remains on bail. Guidance suggests suspects can generally be on bail between three to nine months before needing to be charged or released.

The original bail period can be extended to six months by an inspector, nine months by a superintendent, with further extension needing Magistrate court approval. Detectives have spent time since his arrest analysing computers and documents which they seized upon his arrest.

The star was initially held for several hours before being released on bail. His family, including his partner, were left stunned by his arrest and he is also understood to be shocked by the historic allegations, which he denies. The five alleged victims are now all adults.

A police spokesman initially said in October 2024: “A man has been arrested on suspicion of historical child sex offences involving five victims. Officers investigating allegations relating to the 1990s detained a man. He was arrested on suspicion of several sexual offences relating to five men who were teenage boys at the time of the alleged offending. He has been conditionally bailed while enquiries continue.”