Fmr. Fed General Counsel Discusses DOJ's Powell Probe
Scott Alvarez, former general counsel at the Federal Reserve Board and adjunct professor at the George Washington School of Law, joins Scarlet Fu on "Bloomberg Real Yield." The Justice Department is ending a controversial investigation into building-renovation cost overruns at the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump’s pick to be the next chair of the central bank. (Source: Bloomberg)
- Justice Department drops probe of Fed's Jerome Powell UPI —
- US Justice Department drops criminal probe against Fed chair Jerome Powell Le Monde —
- Justice Dept. drops investigation into Federal Reserve and Jerome Powell NBC News —
- Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell The New York Times —
- DOJ Drops Powell Probe, Smoothing Path for Warsh to Fed Bloomberg —