Supreme Court analysis : How SCOTUS should respond to Trump Fed probe surrender .

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Case Summary

The Department of Justice announced that it has dropped its investigation into Federal Reserve Chair Jerome Powell after losing a major ruling in court last month. This is the latest chapter in President Donald Trump's ongoing attempts to bully the Federal Reserve. The investigation was sparked by Trump's criticism of Powell's handling of interest rates.

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Supreme Court analysis : How SCOTUS should respond to Trump Fed probe surrender .

Media Coverage · April 24, 2026

The Department of Justice dropped its investigation into Federal Reserve Chair Jerome Powell after losing a major court ruling. This move is the latest attempt by President Donald Trump to influence the Federal Reserve's interest rate decisions. The investigation's end marks a significant setback for Trump's efforts to manipulate the Fed.

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Key Issues

• • Trump's criticism of Powell
• • Federal Reserve investigation
• • DOJ's decision to drop the case

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The Department of Justice dropped its investigation into Federal Reserve Chair Jerome Powell after losing a major court ruling. This move is the latest attempt by President Donald Trump to influence the Federal Reserve's interest rate decis

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Sign up for Executive Dysfunction, a newsletter that highlights one under-the-radar story each week about how Trump is changing the law—or how the law is pushing back. You’ll also receive updates on the latest from Slate’s Jurisprudence team. The Department of Justice announced on Friday that it has dropped its investigation into Federal Reserve Chair Jerome Powell, after losing a major ruling in court last month. This is the latest chapter in President Donald Trump’s ongoing attempts to bully t

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Coverage: Sign up for Executive Dysfunction, a newsletter that highlights one under-the-radar story each week about how Trump is changing the law—or how the law is pushin

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Supreme Court analysis : How SCOTUS should respond to Trump Fed probe surrender .

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Case Timeline

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Media Coverage April 24, 2026

Supreme Court analysis : How SCOTUS should respond to Trump Fed probe surrender .

The Department of Justice dropped its investigation into Federal Reserve Chair Jerome Powell after losing a major court ruling. This move is the latest attempt by President Donald Trump to influence the Federal Reserve's interest rate decisions. The investigation's end marks a significant setback for Trump's efforts to manipulate the Fed.

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Supreme Court analysis : How SCOTUS should respond to Trump Fed probe surrender .

Sign up for Executive Dysfunction, a newsletter that highlights one under-the-radar story each week about how Trump is changing the law—or how the law is pushing back. You’ll also receive …

By Alexis Romero · Apr 24, 2026 · 1 min read