What the End of the DOJ Investigation Means for the Next Fed Chair

What the End of the DOJ Investigation Means for the Next Fed Chair

From WSJ What’s News by The Wall Street Journal

April 24, 2026 · 13 min

About this episode

The episode discusses the end of the DOJ investigation into Jerome Powell and its implications for Kevin Warsh's nomination, defense stocks, and the success of the Las Vegas Sphere.

P.M. Edition for April 24. The Justice Department will end its probe into Federal Reserve Chair Jerome Powell. WSJ chief economics correspondent Nick Timiraos discusses what that means for President Trump’s Fed chair nominee Kevin Warsh. Plus, weapons makers have seen war boost their sales, but their stocks have taken a hit. We hear from Drew FitzGerald, who covers defense for the Journal, about why investors are wary. And, after a rocky start, the Las Vegas Sphere is now the highest-grossing arena in the world. Entertainment reporter Katherine Sayre tells us why we might be seeing more Spheres around the world. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Alex Ossola

Guests: Nick Timiraos, Drew FitzGerald, Katherine Sayre

Topics covered

  • DOJ Investigation
  • Federal Reserve
  • Kevin Warsh
  • defense stocks
  • Las Vegas Sphere
  • entertainment

Keywords

  • DOJ
  • Jerome Powell
  • Kevin Warsh
  • defense
  • Las Vegas Sphere
  • entertainment
  • stock market

Mentioned in this episode

Organizations: The Wall Street Journal, Justice Department

Places: Las Vegas

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