US justice dept closes criminal investigation into Fed chief Jerome Powell, clearing hurdle for Trump nominee Kevin Warsh
Source: Times of India
Category: Technology
Region: Italy
Published: April 25, 2026 at 02:12
📝 Summary
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.