US Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting at the Federal Reserve Board Building in Washington, DC, on March 18, 2026. BRENDAN SMIALOWSKI / AFP
The US Justice Department has ended its probe into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of his successor, Kevin Warsh. US Attorney for the District of Columbia Jeannine Pirro said on X on Friday, April 24, that her office was ending its probe into the Fed's extensive building renovations because the Fed's inspector general would scrutinize them instead.
The decision ends an investigation, one of several undertaken by the Justice Department into President Donald Trump's perceived adversaries, that for months had failed to gain traction as prosecutors struggled to articulate a basis to suspect criminal conduct.
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