News Wrap: DOJ drops criminal probe into Jerome Powell
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 24 April 2026
⏱️ 5 minutes
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| 0:00.0 | In today's other headlines, the Justice Department is dropping its criminal probe into Federal Reserve Chair Jerome Powell over whether he lied to Congress about renovations at the Fed's headquarters. |
| 0:10.0 | Instead, the U.S. Attorney for the District of Columbia, Janine Piro, said the Fed's Inspector General would be looking into cost overruns at the site. |
| 0:19.0 | The announcement opens a pathway for Kevin Warsh to be confirmed as Powell's successor. |
| 0:23.6 | Earlier this week, Republican Senator Tom Tillis threatened to block his nomination |
| 0:28.6 | unless the DOJ dropped its investigation. |
| 0:31.6 | At the White House today, Press Secretary Caroline Leavitt urged Tillis to move forward. |
| 0:36.6 | Senator Tillis should do the right thing and move to confirm Kevin Warsh as speedily as possible. |
| 0:42.3 | He is a phenomenal candidate to lead the Fed, and we shouldn't be holding our nation's economy hostage |
| 0:47.1 | because of a disagreement with the Department of Justice. |
| 0:49.5 | The DOJ investigation of Powell unfolded against the backdrop of President Trump's repeated criticism of the Fed Chair for not lowering interest rates faster. |
| 0:59.0 | The federal appeals court ruled today that President Trump's executive order banning asylum claims at the U.S. southern border is illegal. |
| 1:07.0 | The three-judge panel found that immigration law gives people the right to apply for asylum, |
| 1:11.6 | and the president cannot override those procedures. |
| 1:15.6 | It marks the latest setback to Mr. Trump's broader immigration crackdown. |
| 1:19.6 | The administration can now either ask the full appeals court to reconsider the ruling |
| 1:23.6 | or take its case to the Supreme Court. |
| 1:26.6 | The FDA said today it will fast-track reviews for three psychedelic drugs |
| 1:31.4 | aimed at treating mental health conditions, including depression and PTSD. |
| 1:36.0 | Two of the therapies involve the active ingredient in so-called magic mushrooms, |
| 1:41.5 | while a third is based on MDMA, a substance commonly associated with ecstasy. |
| 1:46.6 | The move follows an executive order signed by President Trump to accelerate research and ease |
| 1:51.3 | some restrictions on these drugs. In northern Oklahoma, residents sifted through what was left of |
... |
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