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U.S. Department of Justice

U.S. Department of Justice

Federal Agency

Appears in 4 stories

Stories

Gold hits record $4,620 as DOJ investigation threatens Fed independence

Money Moves

Federal law enforcement agency now investigating the Federal Reserve Chair for alleged perjury. - Conducting criminal investigation into Fed Chair

On January 30, 2026, President Trump nominated former Fed Governor Kevin Warsh to succeed Jerome Powell as Fed Chair when his term expires in May. Markets reacted violently: gold, which had surged to a record $5,626 per ounce amid the constitutional crisis over Powell's criminal investigation, plunged 11% in hours as investors bet Warsh would preserve central bank independence. Silver crashed 30% in its worst day since 1980. The dollar index spiked to 97.14, recovering from multi-year lows below 96. However, by February 3-5, gold rebounded to $5,070 as investors reassessed the confirmation timeline and Powell investigation trajectory. The rally began January 26 when gold broke $5,000 for the first time, driven by the unprecedented DOJ grand jury subpoenas served January 9 over Powell's congressional testimony about a $2.5 billion headquarters renovation.

Updated Feb 5

House advances contempt charges against Bill and Hillary Clinton

Rule Changes

The federal executive department responsible for enforcement of federal law and administration of justice. - Under pressure from both parties over Epstein file releases

No former president has ever been held in criminal contempt of Congress. That changed procedurally on January 21, 2026, when the House Oversight Committee voted 34-8 to advance a contempt resolution against Bill Clinton—with nine Democrats crossing party lines to support it. A companion resolution targeting Hillary Clinton passed 28-15, with three Democratic votes.

Updated Jan 21

Supreme court rules restitution is criminal punishment

Rule Changes

The federal agency responsible for prosecuting crimes and collecting restitution, which declined to defend the Eighth Circuit's ruling. - Supported petitioner

For decades, federal courts disagreed on a fundamental question: Is court-ordered restitution a criminal punishment or a civil remedy? The distinction matters because the Constitution's Ex Post Facto Clause bars retroactive increases in criminal punishment—but not civil obligations. On January 20, 2026, the Supreme Court unanimously answered: restitution under the Mandatory Victims Restitution Act is plainly criminal punishment, and defendants cannot be held to payment terms that didn't exist when they committed their crimes.

Updated Jan 21

Trump orders a fast-track marijuana reschedule to Schedule III—reviving a stalled Biden-era process

Rule Changes

DOJ is the legal gateway for rescheduling, but DEA’s process determines the finish line. - Houses the Attorney General and oversees the rescheduling rulemaking track

Trump’s executive order instructing DOJ to fast-track marijuana’s move to Schedule III immediately triggered a familiar split-screen: public health and industry groups cheered the potential research and tax impacts, while House Republicans organized opposition, urging Trump to keep marijuana in Schedule I.

Updated Dec 18, 2025