"Some in the White House were "blindsided" by the Justice Department's probe of Fed Chair Jerome Powell, which President Trump claims to know nothing about despite threatening to sue him two weeks ago. Some of those anonymously rattled individuals blame Federal Housing Finance Agency Director Bill Pulte, who also claims he had nothing to do with the investigation. Weird coincidence: Pulte met recently with Trump and "shared a prop resembling a 'wanted poster'" that featured Powell's image."
"Treasury Secretary Scott Bessent told Trump the probe "made a mess" and could rattle markets. ( Axios) Some Hill Republicans are wigging out, too. ( Politico) Powell has retained Williams & Connolly amid Trump's attacks on him, and the investigation could prompt him to remain as a Fed governor until 2028. ( NYT) Indeed, Trump's frequent public complaints about Powell-whom he nominated to the job in 2017-could undercut any eventual attempt to prosecute him. ( Politico)"
Morning weather forecasts a sunny day with a high around 51, overnight rain chances, and a low near 41. The Capitals host Montreal tonight. Social contacts include Bluesky @abeaujon and Signal @abeaujon.87, with an email link provided. Playlists of last year's music recommendations are available on Spotify and Apple Music, with a 2026 playlist forthcoming. DC artist Sarah Hughes performs at Rhizome tonight with LiButti/Leguía/Nadien, Jenny Moon Tucker, and Plutonian Burrito. The Justice Department has opened a probe of Federal Reserve Chair Jerome Powell, provoking surprise in the White House and finger-pointing toward Bill Pulte. Treasury Secretary Scott Bessent warned the probe could rattle markets. Powell has retained Williams & Connolly and could remain a Fed governor until 2028 amid political attacks and potential legal uncertainty. President Trump has expressed frustration with Attorney General Pam Bondi.
Read at Washingtonian - The website that Washington lives by.
Unable to calculate read time
Collection
[
|
...
]