The Federal Reserve is asking major US banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in the industry, according to people with knowledge of the matter.
The queries by Fed examiners are intended to assess the level of stress in the private credit industry and the potential for it to spill over to the wider financial system, said the people, requesting anonymity to discuss the work.
by Jill McLaughlin via The Epoch Times,
An immigration appeals board on April 9 denied Palestinian activist Mahmoud Khalil’s final appeal seeking to keep him from being deported from the United States.
The former Columbia University student and leader of pro-Palestinian protests is now subject to an administrative final removal order, authorizing the Immigration and Customs Enforcement (ICE) to remove Khalil from the country.
Khalil, 31, said the board’s decision was based on politics.
“I am not surprised by this decision from the biased and politically motivated Board of Immigration Appeals,” Khalil said in a statement provided to The Epoch Times.
“I have committed no crime. I have broken no law. The only thing I am guilty of is speaking out against the genocide in Palestine—and this administration has weaponized the immigration system to punish me for it.”
A Department of Justice (DOJ) spokesperson told The Epoch Times the decision “speaks for itself.”
The DOJ oversees the Board of Immigration Appeals
Khalil was born in a Palestinian refugee camp in Syria and is a citizen of Algeria. He entered the United States on a student visa in 2022 and married an American citizen a year later, becoming a legal permanent resident following the marriage. He was arrested in March 2025 and spent 104 days in an immigration jail, missing the birth of his first child.
Khalil’s detention has been criticized by progressive officials and organizations and politicians from the Democratic Party.
New York Mayor Zohran Mamdani, Sen. Bernie Sanders (I-Vt.), and Rep. Alexandria Ocasio-Cortez (D-N.Y.) have all expressed support for Khalil.
In March 2025, Secretary of State Marco Rubio invoked a section of the Immigration and Nationality Act that charged Khalil’s presence in the country as having “potentially serious adverse foreign policy consequences for the United States.”
Department of Homeland Security spokesperson Tricia McLaughlin said in January 2026 during an appearance on the NewsNation show “Katie Pavlich Tonight” that Khalil may be removed to Algeria.
“It looks like he’ll go to Algeria. That’s what the thought is right now,” McLaughlin said.
“It’s a reminder for those who are in this country on a visa or on a green card. You are a guest in this country—act like it.”
Khalil’s attorney, Marc Van Der Hout, a San Francisco immigration attorney, claims his client was targeted for his speech.
“Federal courts have already agreed that Mahmoud was targeted for his speech, and there is likely much more evidence of the government’s unlawful retaliation that has yet to come to light,” Van Der Hout said in a statement.
“This is a clear continuation of the administration’s retaliation against Mahmoud for exercising his First Amendment rights.”
Khalil’s remaining federal court case is also on uncertain ground after suffering a setback earlier this year when a U.S. appeals panel ruled 2–1 that a New Jersey judge overstepped his authority by releasing him on bail and barring the government from detaining or deporting him.
Khalil’s legal team has asked the full Third Circuit Court of Appeals to consider a full rehearing of his case. His attorneys said they believe Khalil can’t be removed until his appeal is resolved. The board’s decisions are not public.
The government has asked for 14 days to file a response to the request.
https://www.zerohedge.com/political/immigration-board-denies-mahmoud-khalils-appeal
Nexstar Media Group Inc., the largest owner of local television stations in the US, has embarked on a sweeping effort to limit the reach of national networks like ABC, NBC and CBS through its affiliate stations across the country, according to a regulatory document and people with knowledge of the matter.
The Irving, Texas-based media company has begun preventing its stations from filling local newscasts with segments produced by national networks, asking them to use content from its NewsNation cable channel instead.
Iran’s state media said on Friday the Islamic Republic’s delegation for talks in Islamabad includes several senior officials, among them Parliament Speaker Mohammad-Bagher Ghalibaf, Foreign Minister Abbas Araghchi and other top security and economic figures.
According to the report, the delegation also includes Ali-Akbar Ahmadian, Kazem Gharibabadi and Ali Bagheri Kani, along with Central Bank Governor Abdolnasser Hemmati.
The Islamic Republic's delegation to Islamabad talks with the United States includes Parliament Speaker Mohammad-Bagher Ghalibaf, Foreign Ministry Abbas Araghchi, Defense Council Secretary Ali-Akbar Ahmadian, Central Bank Governor Abdolnasser Hemmati, Deputy Foreign Minister… pic.twitter.com/UQDkxHtkN6
— Iran International English (@IranIntl_En) April 10, 2026
Persian Gulf countries would bear the vast majority of costs under Iran’s proposed toll system for ships passing through the Strait of Hormuz, according to a Wall Street Journal report.
The report said Iran is seeking to impose charges of up to $2 million per vessel, or about $1 per barrel of oil, in exchange for allowing passage through the strategic waterway.
Because most oil exports from the Gulf pass through the strait, countries such as Kuwait, Saudi Arabia and the United Arab Emirates would shoulder between 80% and 95% of the total cost burden, the WSJ said, citing estimates from analysts.
The proposal would have only a limited effect on global oil prices but could cost Persian Gulf exporters billions of dollars annually, while raising concerns over the principle of free maritime navigation, according to the report.
A US-sanctioned very large crude carrier (VLCC) carrying Iranian oil is anchored near India’s Paradip port and could deliver a cargo of Iranian crude for the first time since 2019, according to shipping data cited by TankerTrackers.
The vessel, identified as Jaya, previously been linked to so-called “identity-switching” practices used by tankers involved in sanctions evasion, according to industry reports.
If discharged, the shipment would mark the first known delivery of Iranian crude to India in several years.
A US-sanctioned VLCC with a history of identity theft is set to deliver the first Iranian crude cargo to India since 2019 following the US temporarily waiving sanctions on Iranian oil loaded prior to March 20https://t.co/nMPCLDn0wA
— Lloyd's List (@LloydsList) April 10, 2026
US intelligence assessments said Iran still retains thousands of ballistic missiles and is able to recover launchers stored in underground facilities despite recent US and Israeli strikes, according to The Wall Street Journal.
The report said Iran’s missile force has been significantly degraded but remains operational, with more than 1,000 medium-range ballistic missiles still in its arsenal from an estimated pre-conflict stockpile of around 2,500.
US officials said more than half of Iran’s launchers have been destroyed, damaged, or buried in underground sites, though many are believed to be repairable or retrievable from fortified mountain complexes.
Iran still has thousands of missiles that it could use by retrieving launchers from underground storage areas, U.S. intelligence finds https://t.co/5l3EJ1nQIv
— The Wall Street Journal (@WSJ) April 10, 2026
