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US: Justice Department drops investigation into Fed Chair Powell
The U.S. Department of Justice has closed its investigation into Federal Reserve Chair Jerome Powell related to cost overruns on the Fed's Washington DC headquarters renovations, referring the matter to the Fed's internal Office of Inspector General. The probe's closure removes a key barrier to the confirmation of Kevin Warsh, Donald Trump's nominee for Federal Reserve Chair, after Republican Senator Thom Tillis had blocked Warsh's confirmation until the investigation was dropped.
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0- First seen
- Apr 26, 2026, 4:00 AM
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- Apr 26, 2026, 4:35 AM
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8 tagsDOJ investigation closureJerome Powell probeFederal Reserve chair nominationKevin Warsh confirmationFed headquarters renovation cost overrunsSenate nominee blockTrump administration appointmentsFederal Reserve oversight
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1 evidence itemsUS: Justice Department drops investigation into Fed Chair Powell
News · 1Apr 26, 2026, 4:00 AMOpen original source
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US: Justice Department drops investigation into Fed Chair Powell
Apr 26, 2026, 4:00 AM
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