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The Trump administration takes steps to fast-track deportations.

Plus, Israel launches a deadly crackdown against West Bank militants.

And journal deputy editor-in-chief Charles Farrell dials in from Davos, where leaders see the U.S.'s

economic fortunes diverging from the rest of the world.

Among business leaders that we talk to, there's a lot of Trump is going to figure out how to

unlock growth in America, and there is a palpable sense that Europe has fallen behind

and might continue to fall behind further. It's Thursday, January 23rd. I'm Luke Vargas for the

Wall Street Journal, and here is the AM edition

of What's News. The top headlines and business stories moving your world today.

We exclusively report that the Trump administration is taking fresh steps to prepare for carrying

out deportations of potentially millions of undocumented

immigrants by handing new powers to federal agents. According to an internal memo seen by the

journal and sent by the acting Secretary of Homeland Security, DHS is granting immigration enforcement

authority to several agencies at the Justice Department,

including the Drug Enforcement Administration, the Bureau of Alcohol, Tobacco, Firearms, and Explosives,

and the U.S. Marshal Service. And while FBI agents typically steer clear of deportations,

the memo also emphasized that those agents have immigration arrest powers.

Separately, the Pentagon is sending as many as 1,500 active-duty troops to monitor and increase

security at the southern border. Defense officials say there have been requests from the Trump

administration for up to 10,000 troops, but that they have yet to receive an order

...