🚨 BREAKING:
DOJ Drops Criminal Probe of Fed Chair Jerome Powell
U.S. Attorney Jeanine Pirro announced the investigation into the Fed headquarters renovation overruns is officially closed, with the matter now referred to the Federal Reserve Inspector General.
⚠️ What this means:
• A major legal cloud over Powell just cleared
• Likely smooths the path for Kevin Warsh as a potential successor
• Keeps the spotlight on Fed independence — a debate far from over
📊 Market reaction so far: Calm… but don’t confuse calm with certainty.
Big question now:
Is this stability — or just the quiet before a bigger shift?
What’s your take? 👇