Powell Developments Land Amid Challenging White House - Fed Relationship -- Market Talk

Dow Jones03-14 03:28

1527 ET - The latest development in the Powell criminal investigation comes out a challenging moment for the relationship between the Fed and the White House. President Trump is trying to place Kevin Warsh, his nominee to succeed Powell, on the Fed's board. But some Republican senators have said they won't advance Warsh's nomination until the Powell investigation is resolved. The next step may hinge on how the White House responds -- whether they press on with the legal fight and challenge the judge's decision, or let the case drop. (matt.grossman@wsj.com; @mattgrossman)

(END) Dow Jones Newswires

March 13, 2026 15:28 ET (19:28 GMT)

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