Powell’s Last Stand, SCOTUS on Migrants, King Charles in NY and more

CNN 5 Things

CNN

News, Daily News

3.7 • 1.3K Ratings

🗓️ 29 April 2026

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jerome Powell announced the latest decision on interest rates at his final news conference as head of the Federal Reserve. The White House is laying groundwork to force Iran back to the negotiating table. We’ll tell you where the Supreme Court case on temporary deportation protections stands. We have an update on House lawmakers’ efforts to get former Attorney General Pam Bondi to testify in their Jeffrey Epstein investigation. Plus, what King Charles and Queen Camilla did on the third day of their US trip. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey, from CNN. I'm a Falma DK with the five things you need to know for Wednesday, April 29th.
0:08.2	Anyway, thank you very much, everyone.
0:12.4	I won't see you next time.
0:15.2	That's how Jerome Powell ended his final news conference as Federal Reserve Chairman today.
0:20.5	Stocks were mixed in Treasury yields rose after the central bank held rates study,
0:24.6	citing uncertainty from the Trump administration's policies and the conflict in the Middle East.
0:29.6	Powell's term ends on May 15.
0:31.8	President Donald Trump picked Kevin Warsh to replace him, and he's widely expected to favor more rate cuts this year.
0:38.1	Powell said he congratulated Warts since he cleared a key hurdle today as his nomination
0:42.3	advances to the full Senate for final approval. But Powell says he intends to stay on the Fed
0:47.4	board as governor for a brief period. Last week, the Justice Department dropped a criminal
0:52.0	investigation against him, tied to costly
0:54.5	renovations at the Fed's Washington, D.C., headquarters.
0:57.8	But Powell noted that Janine Piro, U.S. attorney for the District of Columbia, said she wouldn't
1:02.6	hesitate to restart the probe.
1:04.4	I'm waiting for the investigation to be well and truly over with finality and transparency.
1:11.2	And I'm waiting for that.
1:13.4	And I will leave when I think it's appropriate to do so.
1:17.1	More news coming up, including Trump's latest strategy in the war with Iran.
1:22.9	Selling your car can be super simple.
1:25.4	If you choose We Buy Any Car instead of a confusing part exchange,
1:29.5	because with We Buy Any Car, you'll have cash in the bank for more bargaining power on your next car.
	...

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