DoJ Drops Investigation of Fed Chair Powell
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The Justice Department has ended its investigation of Federal Reserve Chairman Jerome Powell, removing a key obstacle to Senate confirmation of Kevin Warsh as his successor.
U.S. Attorney Jeanine Pirro said Friday her office would close its probe of the Fed’s $2.5 billion headquarters renovation because the central bank’s inspector general would review it instead. The investigation was widely viewed as a pressure tactic to push Powell into lowering U.S. interest rates.
Sen. Thom Till
U.S. Attorney Jeanine Pirro said Friday her office would close its probe of the Fed’s $2.5 billion headquarters renovation because the central bank’s inspector general would review it instead. The investigation was widely viewed as a pressure tactic to push Powell into lowering U.S. interest rates.
Sen. Thom Till
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