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Bloomberg

DOJ Dropping Powell Probe Is Step in Right Direction, French Hill Says

US Representative French Hill, chair of the House Financial Services Committee, discusses the recent decision by the Department of Justice to drop the criminal investigation into the Federal Reserve's building costs. Speaking on Bloomberg Television, Rep. Hill says the criminal probe was a distraction that could have delayed the appointment of a new Federal Reserve chair.

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Bloomberg

Trump's Social Message Blitz Hurts Iran Talks Say Officials

The prospect of Iran agreeing to more in-person peace talks with the US is being hindered by President Donald Trump's threats and brash social media posts, according to several officials with knowledge of the diplomatic efforts to end their war. Trump's Truth Social posts as well as his decision to continue with a naval blockade of Iranian ports have been detrimental to ongoing negotiations through mediators such as Pakistan, according to two US officials familiar with the matter. Our EMEA News Director Will Kennedy joins Stephen Carroll and Caroline Hepker to discuss.

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