President Donald Trump had accused Powell of improper cost overruns in renovating the Fed's building.
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 move paves the way for the Senate to confirm Kevin Warsh, the president's nominee to head the central bank.
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.
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.
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…
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…
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 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 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.
