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Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh confirmation (www.pbs.org)

submitted 6 months ago by Deep@mander.xyz to c/news@lemmy.world

5 comments fedilink hide all child comments

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 Jeanine Pirro said on X on Friday that her office was ending its probe into the Fed's extensive building renovations because the Fed's inspector general would scrutinize them instead.