New Buffalo Bills stadium cost overruns approaching $300M, AP sources say

FCC Chairman Brendan Carr issued a stern threat Wednesday over comedian Jimmy Kimmel's remarks that Charlie Kirk’s assassin was a MAGA conservative.

"This is a very, very serious issue right now for Disney," Carr said in an interview with conservative podcaster Benny Johnson on the Benny Show. "We can do this the easy way or the hard way. These companies can find ways to take action on Kimmel or there is going to be additional work for the FCC ahead."

Carr threatened immediate action against Kimmel, ABC and Disney over the comments, claiming he deliberately misled the public and said "it appears to be some of the sickest conduct possible" in the wake of Kirk's killing. He also said that Kimmel should be suspended and that ABC should lose its broadcast license.

"They have a license granted by us at the FCC, and that comes with it an obligation to operate in the public interest," he said.

He said it was time for licensed broadcasters to push back on Kimmel, claiming that they should be aware that they could face fines from the FCC.

Carr, who was appointed by President Donald Trump in January, says the agency has a “strong case” to hold Kimmel, ABC, and Disney accountable over "spreading dangerous, politically motivated misinformation."

The Wall Street Journal's conservative editorial board issued a stark warning to President Donald Trump on Wednesday after the Federal Reserve voted to lower interest rates by 0.25%.

The vote happened after Trump applied months of public pressure on the central bank to lower interest rates. The president has moved to install multiple new governors who would vote to reduce rates, with the newest Trump-aligned governor, Stephen Miran, joining the board this week.

"President Trump wants lower interest rates, and on Wednesday, he got his wish as the Federal Open Market Committee cut the overnight rate by a quarter point," the editors argued in a new op-ed. "The FOMC also delivered an implicit warning about what this might mean for the economy. Mr. Trump now owns that, too."

Federal Reserve Chairman Jerome Powell said on Wednesday that there are still some risks the U.S. economy needs to navigate. For instance, inflation and unemployment have trickled upwards. Powell said those factors have the central bank torn between two mandates: stabilizing prices and maximizing employment.

The Journal's editorial board also wished Trump "good luck" as his administration addresses these economic conditions.

"It may be that everything works out fine: inflation drifts downward after a brief price bump from tariffs, the economy booms despite tariffs and a looming labor shortage, the housing market enters a new golden age, and financial markets gallop happily off into the artificial-intelligence sunset," the editors wrote.

"But if Mr. Trump is wrong, voters will notice sustained inflation and the lack of gains in real wages. Having staked so much on his political assault on the Fed, Mr. Trump owns the outcome now for good or ill," they added.

Read the entire op-ed here.