Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
Category: Justice Department
-
How Powell Just Complicated Trump’s Fed Plans
The New York Times – Business: -
Fidelity Won’t Let Donor-Advised Fund Holders Donate to Southern Poverty Law Center
The New York Times – Business:Fidelity cited the Justice Department’s recent action against the civil rights organization in emails to holders of its charitable-giving funds explaining its decision.
-
Judge Asks Justice Department: Will You Oppose Trump?
The New York Times – Business:A federal judge has ordered the Justice Department to explain whether it intends to contest President Trump’s $10 billion lawsuit against the I.R.S. over the disclosure of his tax returns.
-
Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts
The New York Times – Business:The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.
-
The ‘Lasting Damage’ of Pirro’s Investigation of the Federal Reserve and Powell
The New York Times – Business:The Trump administration’s attacks on the Federal Reserve have rattled confidence in the central bank’s ability to operate independently before a leadership transition.
-
Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell
The New York Times – Business:The decision to end the inquiry into Jerome H. Powell’s handling of the Federal Reserve’s renovation could allow Kevin M. Warsh, the president’s pick for Fed chair, to be confirmed.
-
Kevin Warsh, Trump’s Pick to Lead Fed, Faces Senate at Tricky Moment
The New York Times – Business:Kevin M. Warsh has enough support to become the next chair of the Federal Reserve, but a criminal investigation into the central bank stands in his way.
-
Federal Court Temporarily Freezes Nexstar’s Merger With Tegna
The New York Times – Business:The judge said the two television companies could not combine operations while an antitrust lawsuit proceeded. Nexstar said its deal was already done.
-
Trump Seeks More Time in Lawsuit Against IRS Over His Tax Returns
The New York Times – Business:The Justice Department has not responded to the president’s suit, which has created a conflict of interest for the government’s lawyers.
-
Live Nation and Ticketmaster Illegally Monopolized Ticketing Market, Jury Finds
The New York Times – Business:In a verdict that could have far-reaching consequences in the music industry, the live colossus that includes Ticketmaster was found to have violated antitrust laws.
-
Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
The New York Times – Business:Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.
-
Prosecutors Make Surprise Visit to Fed as Pirro Defends Investigation
The New York Times – Business:The Justice Department’s criminal inquiry into the Federal Reserve threatens to delay the confirmation of the next chair.