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DOJ Drops Powell Probe, Smoothing Path for Warsh to Fed
April 24, 2026
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Posted 4 hours ago by
The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump’s pick to be the next Fed leader. Bloomberg's Michael McKee breaks the news on Bloomberg Intelligence. (Source: Bloomberg)

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