Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
By TodayTelugu Desk1 min read3 views
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh, President Trump's nominee. The probe focused on the Fed's building renovations. Prosecutors found no evidence of criminal conduct. A judge had previously dismissed subpoenas. This development could lead to a swift Senate vote for Warsh.
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