DOJ Ends Powell Probe Clearing Path for Warsh
The Justice Department closed its criminal probe into Jerome Powell on Friday. This move ends a confirmation standoff and signals a shift toward a more dovish Fed.
Xurve View
Xurve View
The Department of Justice is concluding its investigation into Jerome Powell, the current Chair of the Federal Reserve in the United States. This development, announced by U.S. Attorney Jeanine Pirro, effectively clears a significant political hurdle for the confirmation of Kevin Warsh, who has been tapped by President Donald Trump to lead the central bank.
