The Department of Justice said it will drop a criminal probe into Federal Reserve chair Jerome Powell on Friday, a sharp pivot in an unprecedented investigation into the nation's top central banker.Why it matters: It opens the path for President Trump's pick to lead the Fed to be confirmed to the post after a standoff with Sen. Thom Tillis (R-N.C.), who…
The Department of Justice (DOJ) announced Friday it was dropping its criminal investigation into Federal Reserve Chair Jerome Powell and his handling of renovations at the central bank. The announcement from Jeanine Pirro, U.S. attorney for the District of Columbia, likely clears the way for the confirmation of Kevin Warsh, the former Fed board member…
The Department of Justice is dropping its criminal investigation of Federal Reserve Chairman Jerome Powell over costly building renovations at the central bank’s headquarters in the nation’s capital. DC US Attorney Jeanine Pirro announced Friday that the Fed’s inspector general instead “has been asked to scrutinize the building costs overruns — in the…
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 Justice Department has dropped its criminal investigation into Federal Reserve Chairman Jerome Powell, clearing the way for President Donald Trump’s pick to replace him to be confirmed by the Senate. The DOJ announced on Friday that it was ending the inquiry. The news marks the end of a contentious period in which Sen. Thom…
The Justice Department on Friday dropped its criminal investigation into Fed Chairman Jerome Powell. The post BREAKING: DOJ Drops Criminal Investigation into Fed Chair Powell appeared first on The Gateway Pundit.
Move will remove obstacle for confirmation of Kevin Warsh, Trump’s pick to replace Powell as Federal Reserve chairSign up for the Breaking News US email to get newsletter alerts in your inboxThe US Department of Justice is dropping its criminal investigation against Federal Reserve chair Jerome Powell, clearing the path for Donald Trump’s new nominee for…
The Department of Justice is dropping its criminal investigation into the Federal Reserve and Chairman Jerome Powell. The probe centered on a $2.5 billion renovation project at the Federal Reserve’s D.C. headquarters that the DOJ claimed ran significantly over budget. NBC’s Julie Tsirkin reports for Saturday TODAY from the White House.
President Donald Trump had accused Powell of improper cost overruns in renovating the Fed's building.
The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump’s pick to be the next Fed leader.
