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TRUMP DROPS PROSECUTION AGAINST FED CHAIR JEROME POWELL AND PREPARES HIS SUCCESSION: KEVIN WARSH POSITIONED TO TAKE OVER
How the DOJ went from investigating Powell to dropping the case—a political story
Dominant angle identified — does not reflect unanimity of this country’s media
Gulf Times publishes an editorial titled 'How the DOJ moved from investigating Powell to abandoning the case'—analysis that revisits the political timeline: Trump threatens Powell over rates, a criminal investigation is opened by the Washington prosecutor (appointed under the previous administration), then Trump's DOJ takes control and closes the case. Al Jazeera covers the event from an economic perspective: the investigation's closure as catalyst for anticipated U.S. rate cuts, with consequences for Gulf economies highly exposed to the dollar.
Emphasis on political sequencing may overstate intentionality in DOJ decision-making without documentary evidence
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