DOJ Drops Powell Probe, Iran War Continues, Meta Cuts 10% of Staff
The U.S. Department of Justice, led by DC U.S. Attorney Jeanine Pirro, has dropped its criminal investigation into Federal Reserve Chair Jerome Powell over building renovation costs, with oversight transferred to the Fed's inspector general. President Trump stated he will not be rushed to conclude the U.S. military operation in Iran, known as 'Operation Epic Fury,' despite a previously stated four-to-six week timeline. Meta announced it will cut 10 percent of its workforce, approximately 6,000 positions, effective May 20, as the company redirects investment toward artificial intelligence.
Progressive outlets are likely to raise concerns that the DOJ probe into Powell was politically motivated and that its closure under Trump-aligned officials benefits the administration's effort to install a preferred Fed chair, Kevin Warsh. Coverage of the Iran operation may emphasize the lack of a clear exit strategy and the departure from the original timeline as signs of mission creep.
The DOJ has formally closed its investigation into Jerome Powell, the Iran military operation continues beyond its originally stated timeline, and Meta has confirmed a significant workforce reduction tied to AI investment priorities.
Conservative outlets are likely to frame the DOJ probe closure as a routine legal decision that appropriately clears the path for Trump's Fed nominee Kevin Warsh, whose confirmation can now proceed without distraction. The Iran operation may be presented as a decisive military success, with Trump's refusal to be rushed framed as strong, principled leadership.
The DOJ has formally closed its investigation into Jerome Powell, the Iran military operation continues beyond its originally stated timeline, and Meta has confirmed a significant workforce reduction tied to AI investment priorities.
Key developments this week include the DOJ closing its Powell investigation, Trump declining to set an end date for the Iran operation, and Meta announcing layoffs affecting 10 percent of its global workforce.