The move paves the way for the Senate to confirm Kevin Warsh, the president's nominee to head the central bank.
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.
U.S. Attorney Jeanine Pirro said that the Federal Reserve's inspector general will investigate cost overruns in project to renovate the central bank's headquarters.
WASHINGTON (AP) — The Justice Department has ended its probe into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of his successor, Kevin Warsh. U.S. Attorney for the District of Columbia Jeannine Pirro said on X that her office was ending its probe into the Fed’s extensive building renovations because the…
President Donald Trump had accused Powell of improper cost overruns in renovating the Fed's building.
The Justice Department dropped a probe of the Federal Reserve and Chair Jerome Powell, clearing the way for Trump's Fed chair pick Kevin Warsh to be confirmed.
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…
U.S. attorney for D.C. says she expects to receive 'a comprehensive report in short order'
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 Department of Justice (DOJ) announced Friday it has dropped a criminal probe into Federal Reserve Chairman Jerome Powell regarding the central bank’s major building renovations. U.S.…
