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Axios

DOJ drops criminal probe into Fed chair Jerome Powell

DOJ drops criminal probe into Fed chair Jerome Powell
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The Department of Justice said it will drop a criminal probe into Federal Reserve chair Jerome Powell on Friday, a sharp pivot in an unprecedented investigation into the nation's top central banker. Why it matters: It opens the path for President Trump's pick to lead the Fed to be confirmed to the post after a standoff with Sen. Thom Tillis (R-N.C.), who blocked confirmation until the investigatio

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Witkoff and Kushner expected to meet Iranian foreign minister in Pakistan
Axios

Witkoff and Kushner expected to meet Iranian foreign minister in Pakistan

U.S. envoys Steve Witkoff and Jared Kushner are expected to travel to Pakistan in the coming days for negotiations with Iranian Foreign Minister Abbas Araghch, two U.S. officials tell Axios. Why it matters: While President Trump extended the ceasefire with Iran, the diplomatic efforts haven't made any progress in recent days. The trip is an effort to break the stalemate and build momentum for a deal before Trump goes back to exploring military options. Driving the news: Araghchi is expected to

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