The Trump administration’s attacks on the Federal Reserve have rattled confidence in the central bank’s ability to operate independently before a leadership transition.
The decision to end the inquiry into Jerome H. Powell’s handling of the Federal Reserve’s renovation could allow Kevin M. Warsh, the president’s pick for Fed chair, to be confirmed.
The White House has warned staff not to wager on government decisions, but his family’s involvement with these firms undermines the president’s message.
The gathering included executives and leading journalists from CBS News, which Paramount owns, and the head of the Justice Department, which is reviewing the acquisition.