By dropping her criminal probe of Jerome Powell, Jeanine Pirro confirms its political motivation

Fed expected to hold rates as Powell era nears end with Warsh on deck

The Federal Reserve will announce its latest interest rate on Wednesday when Fed Chair Jerome Powell will host what may be his final news conference as the leader of the central bank, with his term as chairman due to expire next month.The Federal Open Market Committee (FOMC), the Fed panel responsible for interest rate moves, is widely expected to leave the benchmark federal funds rate unchanged at the current target range of 3.5% to 3.75% amid …

Leadership change and rate-cut pressure – Commerzbank

Antje Praefcke at Commerzbank discusses the likely confirmation of Kevin Warsh as new Fed Chair in May, potentially succeeding Jerome Powell by mid‑month. The bank highlights questions over Powell’s future role on the Board and whether Warsh will push for earlier rate cuts despite elevated inflation, as political pressure from the U.S. president raises concerns about long‑term Fed independence. Warsh nomination and policy implications “So it’s t…

Trump’s Witch Hunt of Jerome Powell May Be Over, But Keep Worrying

“The United States wins its point whenever justice is done to its citizens in the courts” is inscribed in the Robert F. Kennedy Building in Washington, D.C., home to the Department of Justice. It signifies that the government’s goal is justice and fairness, rather than merely winning cases.  In the reality TV show that has become the Trump White House, selective prosecutions and criminal investigations of political enemies have set that aspirati…

By dropping her criminal probe of Jerome Powell, Jeanine Pirro confirms its political motivation

Pirro’s abandoned case against the Fed chair underscores critics’ claims that the investigation was about pressure, not evidence.

'Corrupt Scheme': Trump Forced to Buckle to Political Enemy as DOJ Drops ‘Bogus Criminal Investigation’ of Public Official Who Won't Play Ball

The Justice Department dropped its criminal investigation of the Federal Reserve and its chair, Jerome Powell, on Friday, a move that could clear a path in the Senate for President Donald Trump’s pick to replace him, Kevin M. Warsh, to be confirmed. The decision to drop the federal probe into whether Powell lied to Congress about costly renovations of the central bank’s headquarters in Washington, D.C., opens the door for Republican Sen. Thom Ti…

Tillis drops Fed nominee block after DOJ ends probe

What happenedSen. Thom Tillis (R-N.C.) said Sunday he was prepared to drop his blockade of President Donald Trump’s nominee to lead the Federal Reserve after the Justice Department assured him it had dropped its criminal investigation of outgoing Fed Chair Jerome Powell. Tillis’ decision cleared the last major obstacle for Kevin Warsh to replace Powell.Who said whatU.S. Attorney Jeanine Pirro last week said she had dropped her investigation of P…