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The Latest Breaking News from Justice Department

Legal experts blast Trump’s DOJ probe of Tim Walz and Jacob Frey as ‘total garbage’ while allies rally around Minnesota leaders

Former prosecutors say DOJ has ‘lost its mind’ after alleging Minnesota leaders obstructed law enforcement in recent surge

The Independent UK

Dollar Recovers on Fed Chair Speculation

The dollar index (DXY00 ) on Friday rose by +0.04%. The dollar recovered from early losses on Friday and moved higher after President Trump expressed reluctance to nominate Kevin Hassett as Fed Chair. Hassett was seen by markets as the most dovish candidate, so nominating someone like Kevin Warsh, a...

Barchart

Justice department loses bid to get sensitive information on California voters

Federal judge rules Trump administration’s efforts to obtain information on voters in the state is threat to democracy

The Guardian - US

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Dollar Drops as the Yen Gains on Verbal Warnings

The dollar index (DXY00 ) today is down by -0.14% as it consolidates modestly below Thursday's 6-week high. The strength in equity markets today has curbed some liquidity demand for the dollar. Also, some hawkish comments today from Japanese Finance Minister Satsuki Katayama pushed the yen higher and weighed on...

Barchart

The Latest: Middle East allies urge Trump to hold off on Iran strikes, diplomat says

According to an Arab diplomat familiar with the matter, several Middle Eastern allies have urged the Trump administration to delay strikes against Iran

The Independent UK

Dollar Gains on Strong US Economic News and Hawkish Fed Comments

The dollar index (DXY00 ) climbed to a 6-week high on Thursday and finished up by +0.26%. The dollar is moving higher today on better-than-expected US economic news. Weekly jobless claims unexpectedly fell to a 6-week low, and the Jan Empire and Jan Philadelphia Fed business outlook surveys rose more...

Barchart

Dollar Rallies on Solid US Economic News

The dollar index (DXY00 ) today climbed to a 6-week high and is up by +0.36%. The dollar is moving higher today on better-than-expected US economic news. Weekly jobless claims unexpectedly fell to a 6-week low, and the Jan Empire and Jan Philadelphia Fed business outlook surveys rose more than...

Barchart

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What Happened to Pam Bondi? Trump Privately Blasts Attorney General as DOJ Tensions Boil Over

Trump has privately rebuked Attorney General Pam Bondi over stalled investigations, highlighting tensions between the White House and DOJ insiders.

International Business Times UK

Fear and anger spread after another immigration shooting in Minneapolis

A federal officer has shot a man in the leg in Minneapolis after being attacked with a shovel and broom handle

The Independent UK

Dollar Rebounds on an Upbeat Fed Beige Book

The dollar index (DXY00 ) on Wednesday fell by -0.03%. The dollar finished slightly lower on Wednesday and was under pressure most of the day after the yen rallied on jawboning from Japanese government officials. The dollar still has some negative carryover from Monday, amid concerns over Fed independence, after...

Barchart

Dollar Slips as the Yen Recovers and Precious Metals Soar on Geopolitical Risks

The dollar index (DXY00 ) today is down by -0.12%. The dollar is under pressure today after the yen rallied on jawboning from Japanese government officials. The dollar still has some negative carryover from Monday, amid concerns over Fed independence, after Fed Chair Powell said the Justice Department's threat of...

Barchart

Six puppies treated for suspected fentanyl overdose after dramatic rescue

Sheriff's deputies tracked down the individuals believed to have dropped off the dogs

The Independent UK

DOJ officials lash out at Trump-appointed judge who asked why Lindsey Halligan still calls herself US attorney

Pam Bondi and Todd Blanche join hostile response in defense of Trump’s pick for US attorney

The Independent UK

Over half of Republicans believe the Renee Good shooting was justified, poll finds

Good was inside her car when an ICE agent fatally shot her in Minneapolis on January 7

The Independent UK

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The Independent UK

Justice Department accuses judge of abusing power in questioning prosecutor's authority

Justice Department officials have accused a federal judge of abusing his power in demanding that Trump loyalist Lindsey Halligan explain why she continues to identify herself as a U.S. Attorney in Virginia despite another judge’s ruling that she was illegally appointed

The Independent UK

Justice Department prosecutors resign amid turmoil over Minnesota ICE shooting investigation

Roughly half a dozen federal prosecutors in Minnesota have resigned and several supervisors in the criminal section of the Justice Department’s Civil Rights Division have announced their departures amid turmoil over the federal investigation into the killing of a woman by by a U.S. Immigration and Customs Enforcement officer in…

Barchart

Dollar Pushes Higher on Yen Weakness and Hawkish Fed Comments

The dollar index (DXY00 ) on Tuesday rose by +0.26%. The yen’s weakness is underpinning the dollar, as it tumbled to a 1.5-year low against the dollar on Tuesday. Gains in the dollar accelerated Tuesday after US Oct new home sales fell less than expected and after St. Louis Fed...

The Independent UK

Even the DOJ’s expert in police shootings not being allowed to participate in Minneapolis ICE investigation

The Civil Rights Division is typically involved in probing fatal shootings by a law enforcement officer

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Fortune

Is Powell’s Fed head independence dead? Trump outfoxes himself this time

Even Trump’s own Treasury Secretary, Scott Bessent, challenged Trump on his “revenge probe” of Powell.

Barchart

Dollar Falls and Precious Metals Surge on Concerns Over Fed Independence

The dollar index (DXY00 ) on Monday fell by -0.27%. Threats to Fed independence hammered the dollar on Monday after Fed Chair Powell said the Justice Department's threat of criminal charges against the Federal Reserve over his June testimony on Fed headquarters renovations is the consequence of the Fed not...

Kiplinger

How Worried Should Investors Be About a Jerome Powell Investigation?

The Justice Department served subpoenas on the Fed about a project to remodel the central bank's historic buildings.

Roll Call

GOP lawmakers ding Powell probe as coercion, distraction

Some Republican lawmakers on Monday criticized the Justice Department’s investigation of Federal Reserve Chairman Jerome Powell.

Barchart

Dollar Falls and Precious Metals Soar to Record Highs as Fed Independence Threatened

The dollar index (DXY00 ) today is down by -0.32%. Threats to Fed independence are hammering the dollar today after Fed Chair Powell said the Justice Department's threat of criminal charges against the Federal Reserve over his June testimony on Fed headquarters renovations is the consequence of the Fed not...

Roll Call

Tillis to oppose all Fed nominees over Powell investigation

Sen. Thom Tillis said he'd oppose any nominees for the Federal Reserve due to the administration's criminal investigation of Fed Chair Jerome Powell.

Fortune

Powell blasts DOJ criminal probe as attack on Fed independence. 'Public service sometimes requires standing firm in the face of threats'

He said in a statement Sunday that the Justice Department served the Fed with grand jury subpoenas, threatening a criminal indictment.

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