Odaily News BNY Mellon's CEO stated that the Trump administration's pressure on the Federal Reserve is counterproductive. (Jin10)

Odaily News According to Jeffrey Sonnenfeld, founder of the Yale Chief Executive Leadership Institute, privately, American corporate CEOs are "deeply alarmed" by the government's attacks on the Federal Reserve. Sonnenfeld and his colleagues found that among the 200 CEOs they surveyed, 71% believe the Trump administration has eroded the Fed's independence, and 80% say Trump's pressure on Powell to cut interest rates is not in America's best interest. And all of this even occurred before learning about the Justice Department's investigation into Powell. (Jin10)

According to a report by the Wall Street Journal, U.S. officials stated that the White House is weighing Iran's final diplomatic outreach proposal aimed at limiting its nuclear program, even as Trump is currently inclined to authorize new military strikes against Iran. Officials said that some senior government advisors, led by Vice President Vance, are urging Trump to attempt diplomatic means before "retaliating" against Iran's actions during the recent unrest.

Odaily News On January 12 local time, Delcy Rodriguez, the Acting President of Venezuela, emphasized in a public speech that "only the Acting President and a president controlled by the United States are governing Venezuela." It is widely believed that Rodriguez's statement is a response to U.S. President Trump's "self-proclamation as the Acting President of Venezuela." Rodriguez stressed that the Venezuelan government is co-governing with the organized people and is defending Venezuela's rights by establishing international relations based on respect and international law.

Odaily News According to U.S. President Trump: Effective immediately, any and all commercial activities between the United States and any country that conducts business with Iran will be subject to a 25% tariff. This order is final and decisive.