PoliticsNewsAPI
Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh - AP News
Overview
The Justice Department ended its investigation into Fed Chair Jerome Powell, clearing a major legal obstacle to Kevin Warsh’s nomination and helping set up Senate action. Following Warsh’s confirmation, Governor Stephen Miran submitted his resignation and backed Warsh, creating a timely board vacancy and reducing a source of dissent on the Federal Open Market Committee.
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