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AXIOS (Courtenay Brown) - DOJ drops criminal probe into Fed chair Jerome Powell

The Department of Justice said it will drop a criminal probe into Federal Reserve chair Jerome Powell on Friday, a sharp pivot in an unprecedented investigation into the nation's top central banker. Why it matters: It opens the path for President Trump's pick to lead the Fed to be confirmed to the post after a standoff with Sen. Thom Tillis (R-N.C.), who blocked confirmation until the investigation was closed. What they're saying: "I have directed my office to close our investigation as the IG undertakes this inquiry," the U.S. attorney for the District of Columbia, Jeanine Pirro, wrote on X . - "This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions of…

THEFEDERALIST (Jordan Boyd) - Dobbs Lawyer Was Pressured To Avoid Taking On Roe. He Chose Courage Instead

The lawyer tasked with defending Mississippi’s 15-week abortion limit in front of the U.S. Supreme Court did so in the face of “overwhelming advice” not to demand the overturn of Roe v. Wade and Planned Parenthood v. Casey, Mollie Hemingway’s new book Alito: The Justice Who Reshaped the Supreme Court and Restored the Constitution details. […]

NYTIMES (Niraj Chokshi) - Why Everyone, Including Trump, Is Talking About Airline Mergers

A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.