DOJ Drops Fed Investigation, Smoothing Path for Fed Chair Nominee Kevin Warsh

DOJ Drops Fed Investigation, Smoothing Path for Fed Chair Nominee Kevin Warsh

Insight & analysis on the White House and Capitol Hill.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

The Department of Justice ended its investigation into the Federal Reserve and its chair Jerome Powell over building costs, handing it over to the office of the inspector general that oversees the Fed.

“I have directed my office to close our investigation as the IG undertakes this inquiry,” US Attorney for the District of Columbia Jeanine Pirro wrote in a statement, “Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.”

The move clears a potential path for Senate confirmation of Kevin Warsh, Trump’s pick to take over as chair of the federal reserve.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

  • Bloomberg International Economics and Policy Correspondent Mike McKee
  • Rep. Suzan DelBene, Democrat from Washington and Chairwoman of the Democratic Congressional Campaign Committee
  • Principal of the International Practice at BGR Group Lester Munson and Managing Partner at Bully Pulpit International Adam Hodge
  • Israel’s Ambassador to the US from 2021 to 2025 Michael Herzog

See omnystudio.com/listener for privacy information.

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Episoder(2023)

El-Sayed Fights Trump Villain Tag

El-Sayed Fights Trump Villain Tag

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver in...

8 Sep 42min

Trump Says Fed Must Cut Rates

Trump Says Fed Must Cut Rates

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US job growth surged in August and the unemployment rate held steady, sug...

4 Sep 41min

US-Iran Conflict Stuck With No End

US-Iran Conflict Stuck With No End

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The US and Iran have intensified tit-for-tat military strikes in recent d...

3 Sep 41min

Trump Says Iran Strikes to Be Short; Commerce Secretary Lutnick on AI, Tariffs and Canda

Trump Says Iran Strikes to Be Short; Commerce Secretary Lutnick on AI, Tariffs and Canda

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz delive...

2 Sep 44min

BONUS: US Commerce Secretary Howard Lutnick Talks AI, US-Canada Trade

BONUS: US Commerce Secretary Howard Lutnick Talks AI, US-Canada Trade

US Commerce Secretary Howard Lutnick lauds the benefits of artificial intelligence. Speaking with Bloomberg Balance of Power co-host Joe Mathieu at the G20 Innovation Ministerial in Chapel Hill, North...

2 Sep 13min

BONUS: US Energy Secretary Chris Wright Talks Venezuela Oil Production

BONUS: US Energy Secretary Chris Wright Talks Venezuela Oil Production

US Energy Secretary Chris Wright discusses details of Venezuelan oil production and exports, deals signed with Chevron, ENI, and GE Vernova, and offers an update on the Strait of Hormuz. He speaks wit...

2 Sep 10min

US, Iran Escalate Attacks as Fighting Around Strait Heats Up

US, Iran Escalate Attacks as Fighting Around Strait Heats Up

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The US launched a fresh wave of strikes against targets in Iran and the I...

1 Sep 46min

Weekly Washington Policy Pulse: Government Shutdown? Venezuela Deal (August 31, 2026)

Weekly Washington Policy Pulse: Government Shutdown? Venezuela Deal (August 31, 2026)

With the House of Representatives returning to Washington after August recess, the likelihood of a government shutdown -- only 20% in our view -- led Bloomberg Intelligence's Aug. 31 Washington Policy...

31 Aug 11min

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