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24.04.26 - 17:42
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DOJ Drops Powell Probe, Smoothing Path for Warsh to Fed (Bloomberg)
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The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump's pick to be the next Fed leader. Bloomberg's Michael McKee breaks the news on "Bloomberg Intelligence." (Source: Bloomberg)...
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24.04.26 - 17:42
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US justice department drops criminal investigation against Jerome Powell (The Guardian)
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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 chair to be confirmed.Jeanine Pirro, Trump's appointed US attorney for the District of Columbia, said in a social media post that she directed her office to close its investigation into renovations at the Fed headquarters that went over budget. Continue reading......
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24.04.26 - 17:15
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White House Expects ′Swift′ Warsh Confirmation After DOJ Drops Powell Criminal Probe (ZeroHedge)
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White House Expects 'Swift' Warsh Confirmation After DOJ Drops Powell Criminal Probe
Update (1050ET): The White House is now expecting 'swift' confirmation of Federal Reserve chair nominee Kevin Warsh after the DOJ dropped its criminal probe into current Chair Jerome Powell over the Fed's building construction project.
On Tuesday, Sen. Thom Tillis (R-NC) made clear that he would block Warsh's nomination unless the Powell inquiry was dropped.
Thom Tillis still refuses to blame Trump for anything: "The problem I have is that some US attorney or assistant US attorney with a dream thought it would be cute to bring Chair Powell under an investigation ... the boss said he didn't know anything about it" pic.twitter.com/WhBawG82bZ
— Aaron Rupar (@atrupar) April 21, 2026
To that end...
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Trump drops Powell investigation before Warsh is confirmed?
Yes 99% · No 1%View full market & trade on Polymarket * * *
The Department of Justice is dropping its criminal investigat...
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