By Lindsay Whitehurst
Attorney General Merrick Garland announced Friday he has appointed a special counsel in the Hunter Biden probe, deepening the investigation of the president's son ahead of the 2024 election.
Garland said he was naming David Weiss, the U.S. attorney in Delaware who has been probing the financial and business dealings of the president's son, as the special counsel.
Just as his appointment as special counsel was announced, Weiss notified a federal judge in Delaware that plea deal talks in the Hunter Biden case were at an “impasse.”
Garland noted the “extraordinary circumstances” of the matter as he made the announcement at the Justice Department. He said that Weiss asked to be appointed to the position and told him that “in his judgment, his investigation has reached a stage at which he should continue his work as a special counsel."
“Upon considering his request, as well as the extraordinary circumstances relating to this matter, I have concluded it is in the public interest to appoint him as special counsel,” Garland said.
The move is a momentous development from the typically cautious Garland and comes amid a pair of sweeping Justice Department probes into Donald Trump, the former president, and President Joe Biden's chief rival in next year's election.
It also comes as House Republicans are mounting their own investigation into Hunter Biden’s business dealings.
Last month, Hunter Biden’s plea deal over tax evasion collapsed after U.S. District Court Judge Maryellen Noreika, who was appointed by President Donald Trump, raised multiple concerns about the specifics.
Republicans had derided that agreement as a “sweetheart” deal as they pushed their own probe.
The Republicans claimed Weiss was being blocked from becoming a special counsel a claim he and the Justice Department denied.
By being named special counsel Weiss will have broader authority to conduct a more sweeping investigation across various areas.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
A new poll finds most U.S. adults are worried about health care becoming more expensive.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
