Axios

Gold and silver prices cratered Friday after President Trump named Kevin Warsh to lead the Federal Reserve, following months of gains driven in no small part by fears over the central bank's independence.

The big picture: The selloff follows a year when the precious metals soared as if they were meme stocks or the hot new tech darling. Today's plunge was seen by many market analysts as an inevitable move for an asset class primed to retreat, with the Fed news merely a catalyst.

As the Trump administration ramps up federal immigration enforcement, experts say children across the country may be absorbing the fear and uncertainty of ICE operations — even when they don't understand all the details.

Why it matters: Experiencing traumatic events in childhood can create lasting physical and mental health challenges that extend into adulthood, Sita Patel, a clinical psychology professor at Palo Alto University tells Axios.

Rep. Greg Steube (R-Fla.) said Thursday he will force a vote next week to expel Rep. Sheila Cherfilus-McCormick (D-Fla.) from Congress over allegations of campaign finance violations and other financial misconduct.

Why it matters: The announcement comes after a House Ethics investigative subcommittee said it found "substantial evidence" to support the criminal charges Cherfilus-McCormick is facing, which she denies.