Fed Chair Powell delivers surprises in his final announcement

The Supreme Court dealt a significant blow to the Voting Rights Act. The Wall Street Journal’s James Romoser breaks down how the decision could affect redistricting efforts and upcoming elections. Former FBI Director James Comey appeared in court after being indicted for a second time. Eric Tucker of the Associated Press unpacks the charges against him. Jerome Powell will stay on at the Federal Reserve board after his term as chair expires next month. NPR reports that Powell says his decision was motivated by recent attacks on the institution’s independence. Plus, a top Pentagon official puts a price tag on the Iran war, the breakaway LIV Golf league is losing funding from Saudi Arabia, and the $50 movie ticket has arrived. Today’s episode was hosted by Cecilia Lei.