Overview
- The Justice Department moved to drop its legal push against Jerome Powell for now, after prosecutors told the New York Times they lacked a solid case.
- White House press secretary Karoline Leavitt said the matter is being shifted to the Fed’s inspector general, who she said has tools to keep examining alleged mismanagement.
- Leavitt also claimed Fed building renovations are costing taxpayers billions, which is false because the central bank funds its own operations and construction.
- Reporters Asawin Suebsaeng and Greg Sargent said MAGA allies are recasting clear losses as wins, comparing the rhetoric to North Korean state media.
- Greg Sargent pointed to failed prosecutions and resignations, including work led by Pam Bondi, as signs of a broader breakdown in efforts to pursue Trump’s perceived foes.