The announcement on Friday is expected to clear the path for the confirmation of his successor, Kevin Warsh.

Powell has accused the DOJ of targeting him for refusing to obey Trump's demand that the Fed sharply lower interest rates.

The move clears the way for Kevin Warsh, Trump’s pick to replace Powell, to advance toward a Senate approval.

President Donald Trump's nomination of Kevin Warsh to replace Federal Reserve Chair Jerome Powell had been effectively blocked because of the investigation.

Judge James Boasberg, said prosecutors had produced ‘essentially zero evidence’ to suspect Powell of a crime.

La procuratrice federale Jeanine Pirro archivia il caso, rimuovendo l'ostacolo che bloccava la conferma del successore alla Fed

President Donald Trump had accused Powell of improper cost overruns in renovating the Fed's building.

The move clears the way for his replacement's Senate confirmation, amid growing concerns over President Donald Trump's attacks on the independent central bank.

The announcement on Friday is expected to clear the path for the confirmation of his successor, Kevin Warsh.

The Justice Department on Friday announced it's pausing its investigation of Federal Reserve Chairman Jerome Powell.

Senator Elizabeth Warren says inquiry into current Fed chair Jerome Powell stopped just for ‘Senate Republicans to install Trump’s sock puppet Kevin Warsh’

Sen. Thom Tillis hailed the Trump administration's decision to end its probe of Fed Chair Powell, easing the way for Kevin Warsh to take the helm.