The DOJ's criminal investigation into Federal Reserve Chair Jerome Powell, opened in late 2025 over the central bank's headquarters renovation costs and his June 2025 congressional testimony, was dropped on April 24, 2026, with no charges filed and a judge citing insufficient evidence beyond policy disagreements. This episode highlighted tensions between administration preferences for lower rates and the Fed's data-driven monetary policy stance, including the federal funds rate path amid inflation and labor market data. Trader sentiment on any future charging reflects the probe's political framing, lack of substantiated wrongdoing, and Powell's continued tenure, with resolution likely hinging on upcoming regulatory or political shifts rather than new financial disclosures.