Elizabeth Warren Warns Trump’s Plot to Take Over Fed Isn’t Finished
Source: The New Republic · Bias: Left
Summary
Senator Elizabeth Warren thinks that anyone celebrating the Trump administration ending its investigation into Federal Reserve Chair Jerome Powell is “fooling themselves.”On Friday, the Justice Department announced it would be dropping its targeted, flimsy investigation into Powell, who has been under threat of termination from President Trump for months due to his refusal to lower interest rates. But Warren doesn’t see the move as an admission of defeat—rather, as a brazen attempt to expedite the nomination of Powell’s replacement, Kevin Warsh, who is seen as much more favorable to the Trump administration. Just this week, Warsh avoided questions in a congressional hearing about his financial ties to Jeffrey Epstein and whether Trump spoke to him about lowering interest rates.“This is just an attempt to clear the path for Senate Republicans to install President Trump’s sock puppet Kevin Warsh as Fed Chair,” Warren wrote in a statement on Friday. “Let’s be clear what the Justice Department announced today: they threatened to restart the bogus criminal investigation into Fed Chair Powell at any time while failing to drop their ridiculous criminal probe against Governor Cook.”The DOJ’s decision to end the investigation follows Republican Senator Thom Tillis’s refusal to confirm Warsh as the next Fed chair “until this legal matter is fully resolved.”“Anyone who believes Donald Trump’s corrupt scheme to take over the Fed is over is fooling themselves,” Warren continued. “The Senate should not proceed with the nomination of Kevin Warsh.”
Related Coverage
- Melania gives Congress private deadline as she works around Trump's team: report (Far Left — Raw Story)
- Trump announces pardons for pollution violators prosecuted for "fixing their car" (Center — Politics - CBSNews.com)
- Trump Pardons Six People Pursued for ‘Fixing Their Car’ (Center — Bloomberg Politics)
- Sources: Trump likely to pardon pollution violators; weighing clemency for Diddy (Center — Politics - CBSNews.com)
- Fox host warns Trump will pay for his 'breathtaking' corruption (Left — Alternet.org)
- Trump Scores Appeals Court Victory in Battle Over National Park Historical Displays (Right — RedState)
- Signs of Victory: I-95 Welcomes President Donald Trump Int'l Airport (Right — RedState)
- Trump’s ‘ramped up’ rhetoric leaves unifying tone of July Fourth speech in question (Center Left — NBC News Politics)
Daily Analysis
Read the full Parallax Pulse for April 24, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
More Headlines From April 24, 2026
- Trump Talks Up Iran Blockade as Israel-Lebanon Truce Extended (Center)
- Pre-Industrial Life Was Worse (Center Right)
- Bolton lambasts US-Iran peace talks: ‘Nowhere close to a deal’ (Center)
- Justice Department Calls for Expansion of Federal Death Penalty (Center)
- Justice Department drops probe into Fed Chair Jerome Powell (Center)





