Hello, everyone. This is JVL here with my friend and colleague, Catherine Rampel, author of our receipts newsletter.

We're here as we are every Friday to talk about the economy. And as it is, every Friday, the news is delicious.

Delicious or distasteful? I don't know. Both. Both.

Yeah.

It's all the same.

We open with breaking news that Judge Box of Wine,

Janine Piro, has announced that she is curtailing her investigation of the Chairman of the Federal Reserve Board because she has asked, as of this morning, the Inspector General, the IG's office at the Federal Reserve, to scrutinize these

things. And so Judge Janine is looking like a real, she's so butch here.

And she's like, you know, I've directed my office to close her and say, but no, well, no, well.

I will not hesitate to restart a criminal investigation should the facts warrant doing so.

Catherine, could you please explain to the people that this is actually a surrender cloaked as butching up?

Well, it's sort of a surrender and it's sort of not.

So the background here is that Donald Trump, via Gene Piro, has been launching this criminal investigation into Jerome Powell,

the Fed chair.

How is that possible?

There's a line between the Department of Justice and criminal prosecutions in the president's

office.

You know what?

I'm sure.

I'm sure.

I'm sure it was just a total coincidence that they launched this criminal investigation

that had

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