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—The Department of Justice announced Friday it was dropping its criminal investigation into Federal Reserve Chair Jerome Powell and his handling of renovations at the central bank. The announcement from Jeanine Pirro, U.S. attorney for the District of Columbia, likely clears the way for the confirmation of Kevin Warsh, the former Fed board member nominated by…

The U.S. Justice Department is dropping its criminal investigation of Federal Reserve Chair Jerome Powell, paving the way for the Senate to confirm Kevin Warsh, the president's nominee to head the central bank. The decision marks a reversal for Jeanine Pirro, the U.S. attorney for the District of Columbia, who had vowed to continue the probe into cost overruns…

Today, the Justice Department said it would drop its criminal probe into fed chair Jerome Powell. NPR's Maria Aspan joins us now. ASPAN: So, this morning, U.S. Attorney General Jeanine Pirro posted on X that she has directed her office to close the investigation into the Federal Reserve.

That was quite a feat, given the conflict and shaky ceasefire in the war in the Middle East. On the same day, the Federal Open Market Committee meets again, but expectations are that they will keep "on hold" until the data suggest otherwise. Chairman Jerome Powell will be departing next month, and the new chair, Kevin Warsh, will take the reins at the Fed.

CHICAGO— There's heightened concern across the Corn Belt due to the surge in fertilizer and fuel prices, combined with a volatile commodity market. This document summarizes comments received and is not a commentary on the views of Federal Reserve officials. Expectations for 2026 Seventh District farm income declined overall during the reporting period as…

—The Department of Justice announced Friday it was dropping its criminal investigation into Federal Reserve Chair Jerome Powell and his handling of renovations at the central bank. The announcement from Jeanine Pirro, U.S. attorney for the District of Columbia, likely clears the way for the confirmation of Kevin Warsh, the former Fed board member nominated by…

Gold is hovering near $4,800 per ounce, and its next move is being shaped by a mix of geopolitics and central bank expectations, among other factors. After gaining roughly 2% last week, prices softened slightly in early trading on Wednesday in Asia. That rebound was largely driven by easing tensions around the Strait of Hormuz, which reduced immediate inflation fears and revived expectations that the Federal Reserve could […]

U.S. Attorney for D.C. Jeanine Pirro said Friday she is closing the Justice Department's criminal investigation into Federal Reserve Chair Jerome Powell, days after a key hearing for his replacement. Pirro said the IG had been asked Friday to scrutinize billions of dollars in cost overruns on Federal Reserve building renovations, and reserved the right to…

The following information was released by Delaware Senator Lisa Blunt Rochester:. Senator Lisa Blunt Rochester, a member of the Senate Banking, Housing, and Urban Affairs Committee, todaypressed Kevin Warsh, President Trump's nominee to lead the Federal Reserve, on his inconsistent position on interest rates and his willingness to gamble with America's…

Nasdaq plans to go live with trading equities 23 hours day for five days a week on 6 December 2026 as part of its Always‑ On market initiative to advance the modernization of markets. Adena Friedman, chair and chief executive of Nasdaq, said on the first quarter results call on 23 April 2026 that the U.S. Securities and Exchange Commission approved the group's…

Immigration declines are leading to an employment slowdown in Texas, according to data from the Dallas Federal Reserve Bank. Based on four models, including projected national GDP, oil futures prices and the Texas and U.S. leading indexes, the report forecasts that jobs in Texas will grow by 1.4% in 2026, following a sluggish February for employment growth.

The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on. Rates have been declining of late, echoing some easing in the yield on U.S. 10- year Treasury bonds, which lenders use as a guide to pricing home loans. The 10- year Treasury yield was at 4.30% in…

A "M* A* S* H" TV series episode featured two surgeons, "Hawkeye" and B.J. Hunnicut, refusing to bathe as part of a protest. Beleaguered Federal Reserve Chairman Jerome Powell, whose term ends May 15, has been an exceptionally good sport. President Reagan wanted to keep then-Fed Chairman Paul Volcker from raising interest rates, and President H.W. Bush blamed Alan…

U.S. Senator Katie Britt, a member of the Senate Banking Committee, attended the nomination hearing of President Trump's nominee to chair the Federal Reserve, Kevin Warsh. Senator Britt began by underscoring the importance of the American people having trust in the Federal Reserve, saying, "I want to emphasize that transparency and accountability at the Fed are…

U.S. Senator Roger Marshall, M.D., joined Ed Henry on Newsmax and David Asman on Fox Business to discuss the ongoing Iran ceasefire negotiations, the latest in the Senate, and his assessment of Kevin Warsh's confirmation hearing to serve as the next Federal Reserve Chairman. "I think we have our foot on the neck of Iran, and it's time to finish the job.

There is obviously tremendous media attention on those policy decisions, as there should be because they affect U.S. households and businesses and financial markets around the world. But the FOMC only meets 16 days a year to set monetary policy, so what are we doing at the Fed the rest of the time? As the Board member responsible for leading the oversight of Federal…