The Department of Justice announced the formation of a Strike Force to assess the evidence publicized by Director of National Intelligence Tulsi Gabbard, which claims that the Obama administration officials manipulated conclusions about Russia's involvement in the 2016 U.S. presidential election.
A number of intelligence reports had suggested that Russia's Putin regime tried to influence the 2016 election in favor of Donald Trump.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.