This week has been marked by significant political controversy and high-stakes entertainment industry celebrations. The actions and statements of President Donald Trump have again taken center stage, while the 83rd Golden Globe Awards provided a glamorous counterpoint.
Unprecedented Legal Move Against Federal Reserve
In an extraordinary development, Federal Reserve Chair Jerome Powell revealed on Sunday that the Department of Justice has served the central bank with subpoenas and threatened a criminal indictment. This action is related to Powell's testimony before the Senate Banking Committee in June 2026 concerning the Fed's $2.5 billion renovation project for two office buildings.
Powell stated he will continue to perform his duties despite these threats. This move represents a major escalation in President Trump's ongoing battle with the independent Federal Reserve, which he has frequently criticized for not lowering interest rates to his liking.
Trump's Comments on Law Enforcement and Deadly Force
Also on Sunday, President Trump made controversial remarks regarding law enforcement. When questioned about whether an ICE agent was justified in shooting and killing a 37-year-old mother, Renee Good, in Minneapolis last week, the President suggested that "disrespect" toward police could be grounds for capital punishment.
"It was highly disrespectful of law enforcement. The woman and her friend were highly disrespectful of law enforcement," Trump told reporters, referring to Good and her wife, Becca. He added, "Law enforcement should not be in a position where they have to put up with this stuff."
In a separate policy statement, Trump indicated he might veto legislation to extend federal Obamacare subsidies, a move that could raise health insurance premiums for millions of Americans if the tax breaks expire at the end of 2025.
Golden Globes 2026: Fashion and Winners
Amid the political tension, the 83rd Golden Globe Awards offered a night of celebration at the Beverly Hilton Hotel, hosted once more by comedian Nikki Glaser.
The red carpet featured stunning fashion statements:
- Jennifer Garner in a glittering black gown by Cong Tri.
- Ayo Edebiri and Selena Gomez channeling throwback elegance in Chanel.
- Emily Blunt, Amanda Seyfried, and Jean Smart in angelic winter white outfits.
- Jennifer Lawrence and Jennifer Lopez opting for daring sheer gowns.
In the winner's circle, Paul Thomas Anderson's film "One Battle After Another" dominated, taking home Best Comedic Film, Best Director, and Best Screenplay. Teyana Taylor won for Best Female Actor in a Supporting Role. A notable surprise was the success of "Hamnet," a drama about William Shakespeare's family life.
The confluence of these events underscores a period of intense political scrutiny intersecting with the cultural spotlight, defining the start of 2026.
