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Doj Probe

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Trump pushes DOJ probe into gas-price gouging as prices slip
politics17 days ago

Trump pushes DOJ probe into gas-price gouging as prices slip

Trump said he instructed the DOJ to probe oil companies for not lowering pump prices in line with falling crude costs, accusing them of gouging consumers; he did not name firms in a Truth Social post. The API noted that gasoline prices don’t track crude price exactly, especially amid disruptions from the Iran conflict and the Strait of Hormuz. US gas prices have recently fallen below $4 per gallon (national average around $3.92) while crude hovered near $73 a barrel. The move comes ahead of the midterms amid Iran nuclear talks that could ease energy pressures.

via NBC News|
#doj-probe#gas-prices#iran-war
DOJ Opens Criminal Probe Into Carroll Testimony in Trump Lawsuits
politics1 month ago

DOJ Opens Criminal Probe Into Carroll Testimony in Trump Lawsuits

The Justice Department has opened a criminal investigation into whether E. Jean Carroll committed perjury during testimony in lawsuits tied to sexual-abuse allegations against Donald Trump. Carroll has previously won a $5 million damages ruling for sexual abuse and an $83 million defamation judgment, while Trump denies wrongdoing and seeks Supreme Court intervention. The White House referred questions to DOJ, and CNN was the first to report the probe.

via NBC News|
#defamation#doj-probe#donald-trump
politics2 months ago

DOJ closes Fed renovation probe, clearing Warsh’s path to the chair

The Justice Department ended its probe into the Federal Reserve HQ renovation costs and handed the matter to the Fed’s inspector general, a move that eases Sen. Thom Tillis’s hold on Kevin Warsh’s bid to lead the Fed and could accelerate Warsh’s confirmation before Powell’s term expires, though the White House says the investigation will continue under a different authority.

via Politico|
#doj-probe#federal-reserve#jerome-powell
Powell Exit Sparks Turbulent Fed Succession Fight
business2 months ago

Powell Exit Sparks Turbulent Fed Succession Fight

With Powell's term ending May 15, Warsh's confirmation faces Republican opposition tied to a DOJ probe into Powell's oversight of Fed renovations, raising the risk of a leadership gap if Warsh isn't confirmed in time and Powell serves as pro tempore or is replaced, a move that could spark legal challenges and unsettled markets amid inflation concerns and energy-driven price pressures.

via Reuters|
#business#confirmation#doj-probe
politics2 months ago

GOP Pressure Mounts for Warsh as Powell Probe Stalls Fed Chair Bid

Republicans are pushing to confirm Kevin Warsh as the next Fed chair as Jerome Powell’s term ends, while urging the Trump administration to end its DOJ probe into Powell; Sen. Thom Tillis remains a key blocker and is seeking an off-ramp, with Senate leaders signaling the probe must wrap up to move Warsh forward. Trump has threatened to fire Powell if he stays, and a Warsh confirmation hearing is on the calendar as GOP lawmakers press for leadership changes at the Fed.

via Politico|
#doj-probe#fed-chair#politics
politics5 months ago

Tim Scott: Powell Didn’t Commit a Crime in DOJ Fed Probe

Senate Banking Chair Tim Scott said he does not believe Fed Chair Jerome Powell committed a crime during last year’s congressional hearing on Fed HQ renovations, calling the incident a gross error in judgment rather than criminal as the DOJ subpoenas related to Powell’s remarks unfold. The live updates also report a Jan. 6 committee subpoena to T-Mobile, ongoing DHS funding talks with potential stopgap options, and leadership maneuvering around the Fed and related investigations.

via Politico|
#congressional-testimony#doj-probe#federal-reserve
politics5 months ago

Smith to testify publicly as Capitol Hill wrestles with Trump probe and Fed politics

Former special counsel Jack Smith is slated for a public Jan. 22 hearing before the House Judiciary Committee on the Trump investigations, signaling a potential shift in how the hearings unfold. Simultaneously, GOP lawmakers push on a Venezuela war-powers resolution and Republicans debate the DOJ’s investigation of Fed Chair Jerome Powell, highlighting tensions over central-bank independence and executive power, while other Capitol Hill items—from a stock-trading ban markup to crypto legislation—continue to shape the agenda.

via Politico|
#congress#doj-probe#fed-independence
Warner Bros. Discovery Board Members Resign Amid Antitrust Probe
business2 years ago

Warner Bros. Discovery Board Members Resign Amid Antitrust Probe

Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board amid a Justice Department investigation into potential antitrust violations related to their service on the board. The investigation focuses on whether their simultaneous roles on the boards of competing companies violated the Clayton Antitrust Act. Both Miron and Newhouse, who were independent directors, chose to resign immediately, citing the changing dynamics of competition in the entertainment industry. Their resignations led to a reduction in the size of the board, and the company expressed gratitude for their contributions while acknowledging their departure.

via Variety|
#antitrust-violation#business#doj-probe
"DOJ Probes Disney, Fox, Warner Bros' Sports Streaming Deal as Comcast Reacts to Rivals' Bundle"
business2 years ago

"DOJ Probes Disney, Fox, Warner Bros' Sports Streaming Deal as Comcast Reacts to Rivals' Bundle"

The Department of Justice is set to investigate the planned sports streaming platform by Walt Disney, Fox, and Warner Bros Discovery over concerns of potential harm to consumers, sports leagues, and rivals. The joint venture aims to launch a sports streaming service this autumn, offering non-exclusive access to various television sports networks and streamed content. The companies hold a broad portfolio of professional and collegiate sports rights, including major leagues and college competitions. Additionally, Disney plans to launch a stand-alone streaming version of ESPN in 2025, incorporating digital features such as sports betting and fantasy sports.

via New York Post |
#business#disney#doj-probe
"DOJ Investigates Democrat Cori Bush for Alleged Fund Misuse and Right-Wing Backlash"
politics2 years ago

"DOJ Investigates Democrat Cori Bush for Alleged Fund Misuse and Right-Wing Backlash"

Rep. Cori Bush is under investigation by the Justice Department for allegedly misusing government funds for her security, with more than $500,000 spent on private security while advocating for defunding the police. Bush blames "right-wing" organizations for baseless complaints and asserts that she has not used federal tax dollars for personal security services. The probe also involves payments to her husband for security services, with ongoing investigations by the Federal Election Commission and the House Committee on Ethics. Bush maintains that she has complied with all laws and House rules, and is fully cooperating with the pending investigations.

via Fox News|
#campaign-spending#cori-bush#doj-probe
Hunter Biden Urges DOJ Investigation into Former Business Partner Tony Bobulinski
politics2 years ago

Hunter Biden Urges DOJ Investigation into Former Business Partner Tony Bobulinski

Hunter Biden has requested the Justice Department to investigate his former business partner, Tony Bobulinski, for allegedly lying to federal investigators about his connections with the Biden family. Biden's attorneys accused Bobulinski of misrepresenting his ties to the family and misleading FBI investigators regarding President Biden's involvement in their foreign business dealings. Bobulinski had previously claimed that Joe Biden was involved in his son's dealings with a Chinese energy company. The Republican-led House Oversight Committee accused Hunter Biden's legal team of attempting to intimidate a potential witness in a Joe Biden impeachment inquiry.

via New York Post |
#allegations#business-dealings#doj-probe