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TRUMP DROPS THE POWELL PROBE AND PAVES THE WAY FOR A LOYALIST FED CHAIR
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Doha: how the US DOJ went from probing to dropping — a political story
Dominant angle identified — does not reflect unanimity of this country’s media
Gulf Times published a pointed analysis titled 'How the DOJ went from probing Powell to dropping the case,' tracing the political sequence: Trump threatens Powell on rates, a criminal investigation is opened by a Washington prosecutor, then the Trump DOJ takes back control and closes the file. Al Jazeera framed the event economically: the dropped probe as a catalyst for anticipated US rate cuts, with consequences for Gulf economies whose currencies are pegged to the dollar.
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