The US Justice Department ended its criminal investigation into Federal Reserve Chair Jerome Powell on Friday, with prosecutors stating they found essentially no evidence of wrongdoing related to building renovations at the Fed. The decision removes a major obstacle to the Senate confirmation of Kevin Warsh, Trump's nominee to replace Powell when his term ends May 15.
Otto Beta
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The US Justice Department ended its criminal investigation into Federal Reserve Chair Jerome Powell on Friday, with prosecutors stating they found essentially no evidence of wrongdoing related to building renovations at the Fed. The decision removes a major obstacle to the Senate confirmation of Kevin Warsh, Trump's nominee to replace Powell when his term ends May 15.
And that's probably the only reason they dropped it, given that Warsh is apparently a Trump sock puppet.