Welcome to the beat. I'm Ari Melburgh. We all know about Friday news dumps. It is when the government or some entity wants to hide something. We have a version of that tonight. The Trump administration losing again. We've reported on there many failed efforts to indict or probe enemies or perceived critics. Well, now the DOJ, and a stunning reversal, is finally backing down from what had already been

a failed, subpoena-quashed, attempted probe into the Federal Reserve chair, who wields power

over the economy.

Trump thought that he could abuse DOJ powers to berate Powell, Jerome Powell, into either doing what he wanted

on the economy or maybe quitting the job. That failed. Now, part of this is the Trump, DOJ,

and the administration blinking in a standoff with the Senate because Trump had put a new person

forward for that job under the normal cycle of order, Kevin Warsh, to lead the bank.

And he couldn't do that, said senators who actually drew a line, regardless of his qualifications,

if what they viewed as this flimsy or bogus probe continued.

This comes days after the U.S. Attorney for D.C., a face you might remember from Fox News, Janine Piro,

was claiming that they were going to continue, even as they ran into brick walls in court,

including judges quashing subpoenas last month. That was a sign they didn't even have enough

to hold down subpoenas, let alone an indictment. This is the latest of the very, very, very large list of supposed enemies who have

faced this kind of probe, subpoena, indictment, retaliation. You see, on your screen, many of

these have failed. You can see the Powell case on the upper left dropped now. That's our update. Obviously,

we recognize there's a lot to track if you looked at all the stamps, but the overall theme

is of them failing. Indeed, if you looked for a single win, meaning they actually had enough

evidence to convict a person, well, they are 0 and 20 plus at this point. Piro announced this not in a formal press

conference or a letter to Congress, which has been involved in oversight, but on that favored

platform of so many Trump officials who are sometimes performative and more interested in

X than results, she posted this on X. I have directed my office to

close our investigation. She won't hesitate to restart it, though, if the facts warrant it. Notice that

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