Assistive TechnologyEnergy Policy

Meta Removes Facebook Group Targeting ICE Agents Following DOJ Pressure

Following pressure from the Department of Justice, Meta has removed a Facebook group allegedly used to target ICE agents in Chicago. The company confirmed the group violated policies against coordinated harm while ICE faces scrutiny over unidentified operations.

In a significant content moderation decision, Meta has removed a Facebook group that was allegedly being used to track and target US Immigration and Customs Enforcement agents operating in Chicago. The action came after the Department of Justice contacted the social media company about the group’s activities, highlighting ongoing tensions between law enforcement and online activism.

DOJ Intervention and Official Statements

Economy and TradingEnergy Policy

Federal Reserve October Rate Cut Expected as FOMC Weighs Economic Risks

The Federal Open Market Committee is widely expected to cut interest rates on October 29, with market indicators showing a 97% probability. The Fed faces balancing inflation concerns against emerging employment risks amid economic uncertainty.

Federal Reserve interest rate cuts are overwhelmingly anticipated when the Federal Open Market Committee meets on October 29, with market indicators pointing toward the first reduction in over a year. According to the CME FedWatch Tool which projects the chance of a cut at 97% based on fixed income markets, policymakers are likely to lower the federal funds rate below 4% amid growing concerns about economic softening. This anticipated move represents a significant shift in the Fed’s approach as it navigates competing economic pressures.

Market Expectations for October Rate Decision