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    IMPEACHMENT INQUIRY

    How a banking scandal is taking down Trump’s ally in Paraguay

    Paraguay's Ueno Bank has collapsed, leaving customers locked out of their accounts and prompting nationwide protests. President Santiago Peña faces impeachment while being linked to the bank's swift downfall amid allegations of misconduct. The Central Bank had found serious issues with Ueno’s lending practices prior to its seizure, which caused it to be declared insolvent. Regulators found that the bank issued loans beyond legal limits without proper categorization.

    Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse of Ueno Bank, affecting nearly half of Paraguay's population. Vice President Pedro Alliana has assumed presidency amidst public outcry for accountability. Regulators seized Ueno Bank, locking depositors out of their accounts and triggering a political crisis. Lawmakers allege Pena abused his political influence regarding Ueno's operations and regulatory oversight.

    Democrats target Trump's 'tentacles of corruption' as new Congress prepares sweeping investigations

    Democrats are preparing sweeping congressional investigations into Donald Trump, his family and administration after winning control of both chambers in the midterm elections. Potential targets include Trump family businesses, cryptocurrency dealings, ICE operations and the Epstein investigation, as party leaders seek to link alleged corruption to Americans' cost-of-living concerns.

    Democrats set to take control of Congress: Which Trump records could they seek first, and which other Republicans could face scrutiny?

    The midterm results put Democrats in line to control both chambers of Congress. Some of their first oversight fights could begin with questions lawmakers have already asked. Four potential inquiries show where the pressure could build and how far Congress can go.

    America's political house has changed hands: 5 things that could look very different in Washington after Democrats' midterm victory

    The outcome of the 2026 midterm elections grants Democrats control of Congress, posing challenges for Presidential initiatives. Legislative proposals, appointments, and spending measures will now face intense scrutiny and negotiation. Congressional investigations into the Trump administration may increase as part of the new agenda. Republicans will reassess their strategies following losses in traditionally conservative states. The shift to a divided government will shape political dynamics moving forward.

    US Midterms 2026: Cost of living and government corruption are top issues, AP Voter Poll says

    Voters are participating in Election Day to influence control of the U.S. House and Senate. Many electorate members express dissatisfaction with the current economic situation attributed to Trump's policies. Polls indicate a significant desire for checks and balances on the presidency from Congress. Various gubernatorial candidates, along with major ballot measures, also shape the election landscape. Early voting statistics show heightened engagement compared to previous elections and reflect voter concerns.

    The Economic Times
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