DOJ Ends Criminal Investigation of Fed Chair Jerome Powell, Clearing Path for Kevin Warsh Nomination

The Department of Justice has dropped its criminal investigation of Federal Reserve Chair Jerome Powell, removing a major obstacle for President Trump's nominee, Kevin Warsh, to become the next Fed chair. U.S. Attorney Jeanine Pirro announced the decision, redirecting the probe to the Fed's inspector general to investigate cost overruns in the central bank's headquarters renovation.

By Dan Mangan · CNBC ·

DOJ Ends Criminal Investigation of Fed Chair Jerome Powell, Clearing Path for Kevin Warsh Nomination

Topics: Department of Justice Federal Reserve Jerome Powell Kevin Warsh Senate Confirmation

Read the full article at CNBC

More World news