US justice department drops probe into Fed chairman Jerome Powell
President Donald Trump had accused Powell of improper cost overruns in renovating the Fed's building.


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President Donald Trump had accused Powell of improper cost overruns in renovating the Fed's building.

If the president thinks the Fed is hard to deal with, wait until he tries to negotiate with the bond market.
The president may try to terminate the Fed chair's tenure early. But whether Trump has the ability to do so isn't clear.
The president also said China tariffs "will come down substantially.â€
NPR's Leila Fadel talks to David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about the U.S. economic ou…
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