Justice Department ends criminal probe of Fed chair Powell
The Justice Department has ended its probe into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of his successor, Kevin Warsh.
U.S. Attorney for the District of Columbia Jeannine Pirro said on X on Friday 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 that was among several undertaken by the Justice Department into President Donald Trump’s perceived adversaries.
The investigation for months had failed to gain traction as prosecutors struggled to articulate a basis to suspect criminal conduct.
- 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 —