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President Donald Trump will host his Ukrainian counterpart, Volodymyr Zelenskyy, on Sunday to try to close out a peace agreement that would end nearly four years of war sparked by Moscow’s invasion of Ukraine. Russia intensified its attacks on Ukraine’s capital and elsewhere in the days before the meeting.

The two will meet at Mar-a-Lago, Trump’s private club in Palm Beach, Florida, where the U.S. president is spending the holidays. Zelenskyy said the two planned to discuss security and economic agreements and he will raise “territorial issues” as Moscow and Kyiv remain fiercely at odds over the fate of the Donbas region in eastern Ukraine.

In overnight developments, three guided aerial bombs launched by Russia struck private homes in the eastern city of Sloviansk, according to the head of the local military administration, Vadym Lakh. Three people were injured and one man died, Lakh said in a post on the Telegram messenger app.

The strike came the day after Russia attacked Ukraine’s capital with ballistic missiles and drones on Saturday, killing at least one person and wounding 27, a day before planned talks between the leaders of Ukraine and the United States, Ukrainian authorities said. Explosions boomed across Kyiv as the attack began in the early morning and continued for hours.

Elsewhere, power line repairs aimed to lessen the risk of a nuclear accident have started near Ukraine’s Zaporizhzhia nuclear power plant, after the International Atomic Energy Agency brokered a local ceasefire, the agency said, citing its director general, Rafael Grossi.

In a post on X, the agency said “crucial” works are expected to last a few days. Russian forces have occupied the Zaporizhzhia plant since the early days of the full-scale war. Zelenskyy has said the fate of the plant is one of the key issues to be resolved during the U.S.-led peace negotiations with Russia.

“Ukraine is willing to do whatever it takes to stop this war,” Zelenskyy posted Saturday on X. “We need to be strong at the negotiating table.”

In response to the attacks, he wrote: “We want peace, and Russia demonstrates a desire to continue the war. If the whole world — Europe and America — is on our side, together we will stop” Russian President Vladimir Putin.

In a meeting with Canadian Prime Minister Mark Carney in Halifax, Nova Scotia, on Saturday, Zelenskyy said the key to peace is “pressure on Russia and sufficient, strong support for Ukraine.” To that end, Carney announced $2.5 billion Canadian (US$1.8 billion) more in economic assistance from his government to help Ukraine rebuild.

Denouncing the “barbarism” of Russia’s latest attacks on Kyiv, Carney credited both Zelenskyy and Trump with creating the conditions for a “just and lasting peace” at a crucial moment.

Trump and Zelenskyy sitting down face-to-face also underscored the apparent progress made by Trump’s top negotiators in recent weeks as the sides traded draft peace plans and continued to shape a proposal to end the fighting. Zelenskyy told reporters Friday that the 20-point draft proposal negotiators have discussed is “about 90% ready” — echoing a figure, and the optimism, that U.S. officials conveyed when Trump’s chief negotiators met with Zelenskyy in Berlin earlier this month.

During the recent talks, the U.S. agreed to offer certain security guarantees to Ukraine similar to those offered to other members of NATO. The proposal came as Zelenskyy said he was prepared to drop his country’s bid to join the security alliance if Ukraine received NATO-like protection that would be designed to safeguard it against future Russian attacks.

‘Intensive’ weeks ahead

Zelenskyy also spoke on Christmas Day with U.S. special envoy Steve Witkoff and Jared Kushner, Trump’s son-in-law. The Ukrainian leader said in a post on X that they discussed “certain substantive details of the ongoing work” and cautioned in a subsequent post that “there is still work to be done on sensitive issues” and “the weeks ahead may also be intensive.”

The U.S. president has been working to end the war in Ukraine for much of his first year back in office, showing irritation with both Zelenskyy and Putin while publicly acknowledging the difficulty of ending the conflict. Long gone are the days when, as a candidate in 2024, he boasted that he could resolve the fighting in a day.

After hosting Zelenskyy at the White House in October, Trump demanded that both Russia and Ukraine halt fighting and “stop at the battle line,” implying that Moscow should be able to keep the territory it has seized from Ukraine.

Zelenskyy said last week that he would be willing to withdraw troopsfrom Ukraine’s eastern industrial heartland as part of a plan to end the war, if Russia also pulls back and the area becomes a demilitarized zone monitored by international forces.

Kremlin spokesman Dmitry Peskov told reporters Friday that the Kremlin had already been in contact with U.S.

“It was agreed upon to continue the dialogue,” he said.

Putin wants Russian gains kept, and more

Putin has publicly said he wants all the areas in four key regions that have been captured by his forces, as well as the Crimean Peninsula, illegally annexed in 2014, to be recognized as Russian territory. He also has insisted that Ukraine withdraw from some areas in eastern Ukraine that Moscow’s forces haven’t captured. Kyiv has publicly rejected all those demands.

The Kremlin also wants Ukraine to abandon its bid to join NATO. It warned that it wouldn’t accept the deployment of any troops from members of the military alliance and would view them as a “legitimate target.”

Putin also has said Ukraine must limit the size of its army and give official status to the Russian language, demands he has made from the outset of the conflict.

Putin’s foreign affairs adviser, Yuri Ushakov, told the business daily Kommersant this month that Russian police and national guard would stay in parts of Donetsk -– one of the two major areas, along with Luhansk, that make up the Donbas region — even if they become a demilitarized zone under a prospective peace plan.

Ushakov cautioned that trying to reach a compromise could take a long time. He said U.S. proposals that took into account Russian demands had been “worsened” by alterations proposed by Ukraine and its European allies.

Trump has been somewhat receptive to Putin’s demands, making the case that the Russian president can be persuaded to end the war if Kyiv agrees to cede Ukrainian land in the Donbas region and if Western powers offer economic incentives to bring Russia back into the global economy.



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Florida congresswoman accused of stealing $5 million in COVID funds insists she’s innocent

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U.S. Rep. Sheila Cherfilus-McCormick reiterated her innocence Monday outside a Miami federal courthouse, where she faces charges of conspiring to steal $5 million in federal COVID-19 disaster funds.

Cherfilus-McCormick was scheduled to be arraigned, but her attorney requested the proceeding be rescheduled to Jan. 20 so that she could finalize her legal team. Prosecutors didn’t object, and Judge Lisette Reid agreed to the new date. The hearing lasted less than five minutes.

“I just want to make it very clear that I am innocent,” Cherfilus-McCormick said immediately after leaving court. “In no way did I steal any kind of funds. I’m committed to the people of Florida and my district.”

Cherfilus-McCormick, a Democrat, has pleaded not guilty. She is facing 15 federal counts that accuse her of stealing funds that had been overpaid to her family’s health care company, Trinity Healthcare Services, in 2021. The company had a contract to register people for COVID-19 vaccinations.

Cherfilus-McCormick’s attorney, David Oscar Markus, said the case involves mistakes that generally aren’t even misdemeanors, let alone felonies. He said he believes the case is politically motivated.

Cherfilus-McCormick was arrested in November and then freed on a $60,000 bond. In addition to bail, the judge said Cherfilus-McCormick must surrender her personal passport, and is allowed to travel only between Florida, Washington, D.C., Maryland and the Eastern District of Virginia.

She has been allowed to retain her congressional passport so she can perform certain duties for her job.

According to the federal indictment, prosecutors said that within two months of receiving the funds in 2021, more than $100,000 had been spent on a 3-carat yellow diamond ring for the congresswoman.

The health care company owned by Cherfilus-McCormick’s family had received payments through a COVID-19 vaccination staffing contract, the indictment said. Her brother, Edwin Cherfilus, requested $50,000, but they mistakenly received $5 million and didn’t return the difference.

Prosecutors said the funds received by Trinity Healthcare were distributed to various accounts, including to friends and relatives who then donated to Cherfilus-McCormick’s campaign for Congress.

Cherfilus-McCormick won a special election in January 2022 to represent Florida’s 20th District, which includes parts of Broward and Palm Beach counties, after Rep. Alcee Hastings died in 2021.

The charges she faces include theft of government funds; making and receiving straw donor contributions; aiding and assisting a false and fraudulent statement on a tax return; money laundering, as well as conspiracy charges associated with each of those counts.

According to a previous statement provided by Cherfilus-McCormick’s chief of staff, she doesn’t plan to resign from office. She said she has cooperated with “every lawful request” and will continue to do so until the matter is resolved.



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Trump says he still might fire Powell as Fed chair pick looms

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President Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve, but is in no hurry to make an announcement — while also musing that he might fire the central bank’s current leader, Jerome Powell.

“I do, still do — hasn’t changed,” Trump said at a press conference Monday, when asked if he has a favorite candidate. “I’ll announce him at the right time. There’s plenty of time.”

Trump added the Powell should resign and that he’d “love to fire him.”

“Maybe I still might,” Trump told reporters at his Mar-a-Lago resort in Florida.

Trump did not specify who is his leading chair candidate and said an announcement would be made in “January sometime.” 

National Economic Council Director Kevin Hassett has been seen as the frontrunner, though Trump has also expressed interest in former Fed governor Kevin Warsh. Other finalists in the process have included current Fed governors Christopher Waller and Michelle Bowman and BlackRock’s Rick Rieder. 

Earlier: Bessent Sees Room for a Future Revamp of the Fed’s 2% Target

Trump has made numerous cryptic — and sometimes contradictory — remarks about his decision-making process regarding the new central bank chief. The president earlier in December said he’d narrowed the pool of contenders down to one, but subsequently said he was considering multiple candidates and has heaped praise on several of the names on the short list.

Trump has long been a critic of Powell, who he picked to lead the central bank during his first term. The president has indicated he wants the next chair to more aggressively cut interest rates as the White House looks to lower mortgage costs.

He said Monday he was considering a “gross incompetence” lawsuit against Powell related to an ongoing renovation project at the Fed. Powell’s term as chair is set to end in May of 2026, but his term on the Fed’s Board of Governors doesn’t expire until 2028.

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Trump claims victory in drug-smuggling crackdown, but key details remain a mystery

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President Donald Trump has indicated that the U.S. has “hit” a dock facility along a shore as he wages a pressure campaign on Venezuela, but the U.S. offered few details.

Trump initially seemed to confirm a strike in what appeared to be an impromptu radio interview Friday, and when questioned Monday by reporters about “an explosion in Venezuela,” he said the U.S. struck a facility where boats accused of carrying drugs “load up.”

“There was a major explosion in the dock area where they load the boats up with drugs,” Trump said as he met in Florida with Israeli Prime Minister Benjamin Netanyahu. “They load the boats up with drugs, so we hit all the boats and now we hit the area. It’s the implementation area. There’s where they implement. And that is no longer around.”

It is part of an escalating effort to target what the Trump administration says are boats smuggling drugs bound for the United States. It moves closer to shore strikes that so far have been carried out by the military in international waters in the Caribbean Sea and eastern Pacific Ocean.

Trump declined to say if the U.S. military or the CIA carried out the latest strike or where it occurred. He did not confirm it happened in Venezuela.

“I know exactly who it was, but I don’t want to say who it was. But you know it was along the shore,” Trump said.

Trump first referenced the strike on Friday, when he called radio host John Catsimatidis during a program on WABC radio and discussed the U.S. strikes on alleged drug-carrying boats. The attacks have killed at least 105 people in 29 known strikes since early September.

“I don’t know if you read or saw, they have a big plant or a big facility where they send the, you know, where the ships come from,” Trump said. “Two nights ago, we knocked that out. So, we hit them very hard.”

Trump did not offer any additional details in the interview.

Defense Secretary Pete Hegseth or one of the U.S. military’s social media accounts has in the past typically announced every boat strike in a post on X, but there has been no post of any strike on a facility.

The Pentagon on Monday referred questions to the White House, which did not immediately respond to a message seeking more details. The press office of Venezuela’s government did not immediately respond to a request for comment on Trump’s statement.

Trump for months has suggested he may conduct land strikes in South America, in Venezuela or possibly another country, and in recent weeks has been saying the U.S. would move beyond striking boats and would strike on land “soon.”

In October, Trump confirmed he had authorized the CIA to conduct covert operations in Venezuela. The agency did not immediately respond to a message seeking comment Monday.

Along with the strikes, the U.S. has sent warships, built up military forces in the region, seized two oil tankers and pursued a third.

The Trump administration has said it is in “armed conflict” with drug cartels and seeking to stop the flow of narcotics into the United States.

Venezuelan President Nicolás Maduro has insisted the real purpose of the U.S. military operations is to force him from power.

White House chief of staff Susie Wiles said in an interview with Vanity Fairpublished this month that Trump “wants to keep on blowing boats up until Maduro ‘cries uncle.’”



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