Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell

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.

Apr 24, 2026 - 21:30
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Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell
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.

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