US justice dept closes criminal investigation into Fed chief Jerome Powell, clearing hurdle for Trump nominee Kevin Warsh
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US justice dept closes criminal investigation into Fed chief Jerome Powell, clearing hurdle for Trump nominee Kevin Warsh

April 25, 2026
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Posted 3 hours ago by

The Justice Department has closed its investigation into Federal Reserve Chair Jerome Powell regarding headquarters renovation cost overruns. This move removes a hurdle for Kevin Warsh's confirmation as Fed chair. The probe's closure allows scrutiny to continue through the Inspector General's office, with potential for criminal investigation restart if warranted.

US justice dept closes criminal investigation into Fed chief Jerome Powell, clearing hurdle for Trump nominee Kevin Warsh
Times of India
Times of India

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