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News Wrap: Trump Urges Pardon for Netanyahu, Fed Bank President Retires, Last Penny Minted

PBS NewsHourNovember 12, 20256 min6,218 views
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Middle East Political Developments

  • 🇺🇸 President Trump is urging Israeli President Isaac Herzog to pardon Prime Minister Benjamin Netanyahu in his ongoing corruption trial.
  • ⚖️ Trump characterized the prosecution as "criminally unjustified" in a letter to Herzog, following a similar plea made at the Knesset.
  • ⚠️ Prime Minister Netanyahu faces charges of bribery, fraud, and breach of trust.
  • 💥 Israeli President Herzog issued a rare condemnation of violence in the West Bank after masked Jewish settlers attacked Palestinians.

US Political and Economic News

  • 🏛️ A former aide to California Governor Gavin Newsom, Daniel Williamson, has been indicted on 23 charges related to an alleged scheme to steal campaign money.
  • 💰 The scheme involved diverting approximately $201,500 from a dormant political campaign for personal use.
  • 🏦 The president of the Federal Reserve Bank of Atlanta, Rafael Bostic, is retiring in February, opening a seat on the committee that sets national interest rates.
  • 🪙 The U.S. Mint in Philadelphia pressed its last penny today, following President Trump's order to cease production, which is expected to save $56 million.

Weather and Market Updates

  • ❄️ Large parts of the nation are beginning to thaw after a record cold spell hit the Southeast, with millions under freeze warnings.
  • 🌌 Clear skies in other parts of the country allowed for dazzling displays of the northern lights, visible as far south as Kansas.
  • 📈 Stock markets ended mixed, with the Dow Jones adding over 300 points while the NASDAQ slipped and the S&P 500 remained virtually flat.

Notable Events and Retirements

  • 🎶 In Melbourne, Australia, a record-setting bagpipe bonanza saw 374 pipers play AC/DC's "It's a long way to the top."
  • 🏈 Pro football star Rob Gronkowski is retiring for good, signing a one-day contract with the Patriots to retire with the team where he became a three-time Super Bowl champion.
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What’s Discussed

Benjamin NetanyahuDonald TrumpIsaac HerzogCorruption TrialWest Bank ViolenceGavin NewsomCampaign FinanceFederal Reserve Bank of AtlantaRafael BosticInterest RatesU.S. MintPenny ProductionCold SpellNorthern LightsStock MarketRob GronkowskiNew England Patriots
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