Justice Department drops criminal probe of Fed chair Powell

WASHINGTON, United States — The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as his successor. U.S. Attorney for the District of Columbia Jeanine Pirro said on X Friday that her office was ending its probe into the Fed’s extensive building renovations because the Fed’s inspector general would scrutinize them instead. READ: us-fed-chair-nominee-says-will-not-be-controlled-by-trump The move could lead to a swift confirmation vote by the Senate for Warsh, a former top Fed official whom President Donald Trump, a Republican, nominated in January to replace Powell. Powell’s term as chair ends May 15. Sen. Thom […]... Keep on reading: Justice Department drops criminal probe of Fed chair Powell

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