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U.S. Coast Guard Lt. Christopher Hasson, 49, was arrested Friday in Silver Spring, Maryland, on a federal criminal complaint for drug and gun charges, with reports citing an official detention memo that included a hit list, stockpiled ammunition and contact with white supremacists.

Details: "The defendant intends to murder innocent civilians on a scale rarely seen in this country ... he must be detained pending trial," according to court documents filed this week, per the Washington Post.

  • Though details such as dates and times have not been made public, officials with the U.S. Attorney's Office in Maryland characterized Hasson as consumed by neofascism.
  • Hasson called for "focused violence," and was intent on killing "almost every last person on earth," according to court records filed in U.S. District Court in Maryland. Targets of the attack included media personalities and elected officials such as House Speaker Nancy Pelosi.

What's next: The government is calling the initial charges the "proverbial tip of the iceberg." Hasson's arraignment is scheduled for Thursday in Greenbelt, Maryland.

Go deeper

Federal Reserve expands lending program for small businesses

Federal Reserve Chairman Jerome Powell at a news conference in 2019. Photo: Eric Baradat/AFP via Getty Images

The Federal Reserve said on Friday it would again lower the minimum loan size for its pandemic-era small business program.

Details: Businesses and nonprofits will be able to borrow a minimum of $100,000 from the facility, down from $250,000 — a move that might attract smaller businesses that don't need as hefty of a loan. Since the program launched earlier this year, the minimum loan size has been reduced twice.

2 hours ago - Economy & Business

How Trump and Biden would steer the future of transportation

Illustration: Eniola Odetunde/Axios

President Donald Trump and Democratic challenger Joe Biden would likely steer automotive policy in different directions over the next four years, potentially changing the industry's road map to the future.

Why it matters: The auto industry is on the cusp of historic technological changes and the next president — as well as the next Congress — could have an extraordinary influence on how the future of transportation plays out.