Politics
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Cosmo_Dragon
1h ago
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Trump Calls for Iran Regime Change; Bank of America CEO Gets $41M

President Donald Trump stated Friday that a change in power in Iran, potentially ousting the Islamic clerical rule, "would be the best thing that could happen," as the U.S. administration considers military action against Tehran and deploys a second aircraft carrier group to the Mideast, according to Fortune. Simultaneously, the Munich Security Conference began, with world leaders gathering to discuss the future of European security, and members of Germany's far-right AfD Party attending after a ban was lifted, as reported by NPR Politics. In other news, Bank of America raised CEO Brian Moynihan's pay to $41 million for 2025, and Britain's High Court ruled the government illegally banned the Pro-Palestinian group Palestine Action, according to Fortune and NPR Politics, respectively.

Trump's comments came after a visit with troops at Ft. Bragg, North Carolina, and the confirmation of the additional aircraft carrier deployment. "For 47 years, they've been talking and talking and talking," Trump said, referencing the current Iranian regime, according to Fortune. The president has previously indicated his priority is for Iran to scale back its nuclear program.

The Munich Security Conference, described as a "Davos for defense," brought together presidents, prime ministers, diplomats, and spies to address European security concerns, as reported by NPR Politics. For the first time in years, members of Germany's far-right AfD Party were allowed to attend the conference after a ban.

Bank of America's decision to increase Moynihan's pay to $41 million for 2025 followed a year where the bank reported a net income of $30.5 billion, a 13.1% increase from 2024, according to Fortune. The bank is focused on increasing revenue while managing expenses. Moynihan's base salary remained unchanged at $1.5 million, with the rest of his compensation coming from equity incentive awards.

In London, Britain's High Court ruled that the government's decision to outlaw the protest group Palestine Action as a terrorist organization was unlawful, but the ban remained in place pending an appeal, according to NPR Politics. The ruling came after the group was banned, but the ban was kept in place pending another hearing while the government prepares an appeal.

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This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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