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

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.

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.

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

Sens. Elizabeth Warren and Dick Durbin, in a letter obtained first by CNBC, question Jeanine Pirro's mention of reopening a probe of Fed Chair Jerome Powell.

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.