DOJ Drops Powell Probe, Smoothing Path for Warsh to Lead Fed

Source: Bloomberg Politics · Bias: Center

Summary

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.

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DOJ Drops Powell Probe, Smoothing Path for Warsh to Lead Fed
Bloomberg Politics

DOJ Drops Powell Probe, Smoothing Path for Warsh to Lead Fed

Center

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.