US Justice Department Ends Criminal Probe of Fed Chair Jerome Powell
The US Justice Department has officially ended its criminal investigation into Federal Reserve Chair Jerome Powell concerning cost overruns in the central bank's building renovations.This decision removes a significant obstacle to the Senate confirmation of Powell's nominated successor, Kevin Warsh.US Attorney for the District of Columbia Jeannine Pirro announced that her office would cease its probe and instead refer the matter to the Federal Reserve's Office of Inspector General for further scrutiny.Pirro emphasized that the inspector general has the authority to hold the Federal Reserve accountable to taxpayers and expects a comprehensive report soon.The investigation had been part of a... [Continue Reading]
360LiveNews | 24 Apr 2026 18:01 LONDON
