CONTENT:
Donald Trump's unexpected nomination of Kevin Warsh as the next chair of the Federal Reserve has come as the White House seeks to tighten its grip on the central bank. Meanwhile, in the world of basketball, Dallas Mavericks rookie Cooper Flagg made history, setting an NBA record for the most points scored by a teenager in a single game with 49 in a 123-121 loss to the Charlotte Hornets.
Flagg's record-breaking performance came during an emotionally charged night at the American Airlines Center. As Flagg broke the franchise rookie scoring record he shared with Mark Aguirre, whose jersey was retired at halftime, the 19-year-old expressed his gratitude and admiration for the Mavericks legend. "Mark Aguirre is special. Such a special night for him and the whole organization," Flagg said. "I just feel blessed. It’s a pretty cool thing."
The basketball game was only one of the significant events that took place last week. In a move that could potentially reshape the economic landscape, Trump announced Warsh as his nominee for the Federal Reserve chair. In a post on his Truth Social platform, Trump stated, "I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best."
Meanwhile, in a completely different context, Emma Brockes of The Guardian shed light on the farcical nature of ICE's intimidating and deadly performance. Brockes drew parallels between ICE's controversial tactics and the camp fascism portrayed in musical comedies. "Seeing large men dressed in goggles and trenchcoats echoes the camp fascism of musical comedies," she wrote in her weekly digest.
The events of last week highlighted the contrasting worlds of basketball and economics, with a record-breaking performance by a young athlete and a potential shake-up in the central banking system. As the world continues to grapple with the implications of these developments, one thing remains clear: change is on the horizon.
Sources:
Business live – latest updates (https://www.theguardian.com/business/live/2026/jan/30/trump-federal-reserve-chair-nominee-eurozone-gdp-french-economy-slows-business-live-news-updates)
Cooper Flagg’s 49-point eruption sets teenage NBA record in Dallas defeat (https://www.theguardian.com/sport/2026/jan/30/cooper-flagg-nba-teen-record-49-mavericks-hornets-knueppel)
Digested week: ICE’s performance is intimidating and deadly, but also farcical (https://www.theguardian.com/uk-news/2026/jan/30/digested-week-ices-performance-is-intimidating-and-deadly-but-also-farcical)