Feb 2, 2017

Trump threatens UC Berkeley after violent protests

The president, on Twitter: "If U.C. Berkeley does not allow free speech and practices violence on innocent people with a different point of view - NO FEDERAL FUNDS?"

The context: U.C. Berkeley canceled a speaking event and removed Breitbart News editor Milo Yiannopoulos from campus just hours before he was scheduled to speak, citing "violence and destruction of property and out of concern for public safety."

What Trump's watching: Fox & Friends ran a segment on the protests just before Trump's tweet, including Milo's comments last night to Tucker Carlson. Compare Milo's language to Trump's tweet:

MILO: What's scary is this riot happened on an American campus where you should be able to have differing opinions (via #Tucker) pic.twitter.com/cT8Jgzkegz — FOX & friends (@foxandfriends) February 2, 2017

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Federal Reserve: Coronavirus poses "evolving risk" to the economy

Federal Reserve chairman Jerome Powell. Photo: Sarah Silbiger/Getty Images

Federal Reserve chairman Jerome Powell took the rare move Friday of issuing a statement meant to reassure investors, one that opened the door to a possible interest rate cut.

Why it matters: The Fed rarely issues statements like this outside of policy meetings and scheduled public appearances. It came as the stock market continues its steep decline this week. Stocks briefly pared some losses after the 2:30 p.m. EST statement came out.

Federal court temporarily halts "Remain in Mexico" program

Migrant wearing a cap with U.S. flagin front of the border between Guatemala and Mexico. Photo: Jair Cabrera Torres/picture alliance via Getty Image

The 9th Circuit Court of Appeals upheld a lower court's earlier injunction on Friday, temporarily stopping the Trump administration from enforcing the Migrant Protection Protocols (MPP) — known as the "Remain in Mexico" policy.

Why it matters: Tens of thousands of migrants seeking asylum have been forced to wait out their U.S. immigration court cases across the border in Mexico under the policy. The Trump administration has long credited this program for the decline in border crossings following record highs last summer.

Go deeperArrowUpdated 3 hours ago - Politics & Policy