Category: Justice Department

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.
Justice Dept. Resolves Broadway Touring Company Investigation

The New York Times – Business:
Broadway Across America will not be prosecuted after acknowledging it signed a noncompete agreement with another presenter, the agency said.
Justice Dept. Struggles to Respond to Trump’s Suit Against IRS

The New York Times – Business:
Officials at the department and the White House are in the middle of a messy and complicated debate over how to respond to President Trump’s lawsuit demanding $10 billion from the I.R.S.
Binance Under Fire After Reports That $1.7 Billion in Crypto Flowed to Iran

The New York Times – Business:
The world’s largest crypto exchange is under fire after investigators found accounts moving $1.7 billion to Iranian entities. Clues about those accounts were in plain sight for over a year.
U.S. Accuses NewYork-Presbyterian of Reaching Deals That Kept Costs High

The New York Times – Business:
The Justice Department sued the large New York health system, saying it restricted insurance companies from offering patients cheaper options.
Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair

The New York Times – Business:
An investigation of the Federal Reserve was thwarted on Friday, but a department appeal could reimpose an obstacle in Kevin Warsh’s path.