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Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh AP NewsJeanine Pirro drops criminal probe of Jerome Powell CNNJustice Dept. Closes Criminal Investigation of Fed Chair The New York TimesDOJ ends Powell probe, lifts hurdle for Trump's Fed chair nominee Warsh CNBC‘Tillis won': DOJ drops pro
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The decision could have important ramifications for policymaking at an especially delicate time.
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President Donald Trump's Department of Justice on Friday said that it's backing down in a standoff over the leadership of the Federal Reserve, an announcement that is expected to pave the way for Trump's nominee for Fed chair, Kevin Warsh, to take over for Jerome Powell when his term in that role ends on May 15.
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Justice Dept. drops criminal probe of Fed Chair Jerome Powell The Washington PostJeanine Pirro drops criminal probe of Jerome Powell CNNLooking at What's Next for the Fed With the Powell Probe Dropped Bloomberg.comPirro could reopen Fed probe at any time, Democratic senators say CNBC
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