Mastodawn

The decision to drop a criminal probe into the U.S. Federal Reserve potentially clears a path for Donald Trump's nominee to take over. What it won't do is secure the current Fed chair's departure. https://www.japantimes.co.jp/business/2026/04/26/economy/doj-powell-probe-fed-drama/?utm_medium=Social&utm_source=mastodon #business #economy #federalreserve #us #donaldtrump #jeromepowell

DOJ’s partial reversal on Powell probe keeps Fed drama alive

Typically, Fed chairs leave the central bank after their leadership tenure ends — only one has stayed on past the end of their term as chair in the central bank's 112-year history.

The Japan Times

The Bad Place 1d ago

Home - CBSNews.com | Justice Department drops criminal probe of Fed Chair Jerome Powell

AI generated summary, Read the full article for complete information.

The Justice Department has closed its criminal investigation into Federal Reserve Chair Jerome Powell, ending the probe into the central bank’s renovation project, U.S. Attorney Jeanine Pirro announced on Friday.

#JeromePowell #FederalReserve #JeaninePirro #U.S.Attorney

Justice Department drops criminal probe of Fed Chair Jerome Powell

The Justice Department ended its criminal investigation into Federal Reserve Chair Jerome Powell over the central bank's renovation project, U.S. Attorney Jeanine Pirro announced Friday.

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Jazone 1d ago

I you, the US citizen, trust #Republicans to seat the next Chair of the #Federalreserve, then you'll be sad when #Democrats can do nothing as #MAGA continues to sabotage every level of US finance from the #Fed.
Pretending that the elected #Republican is qualified to do anything but grift is past ignorance and into criminal negligence at this point.
#NoKings

The Japan Times 1d ago

The U.S. Justice Department is ending a controversial investigation into building-renovation cost overruns at the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh to be the next Fed chair. https://www.japantimes.co.jp/business/2026/04/25/economy/doj-powell-probe-warsh-fed/?utm_medium=Social&utm_source=mastodon #business #economy #federalreserve #us #donaldtrump #jeromepowell

U.S. drops Powell probe, smoothing path for Warsh to lead Fed

Fallout from the probe into Chair Jerome Powell had thrown the Fed's expected leadership transition into chaos.

The Japan Times

Henk Prins 1d ago

Lees tip -> VS stopt onderzoek naar Fed-baas Powell | Amerikaans justitie stopt onderzoek naar Fed-voorzitter Powell rond dure renovaties van het centrale bankgebouw. | #Amerikaansepolitiek #KevinWarsh #centralebank #renovatiekosten #ministerievanJustitie #FederalReserve #JeromePowell #VS #DonaldTrump |

https://hbpmedia.nl/vs-stopt-onderzoek-naar-fed-baas-powell/

香港01 1d ago

美國司法部4月24日表示將結束對聯儲局主席鮑威爾（Jerome Powell）的刑事調查，司法部同日宣布，停止對聯儲局翻新工程超支的刑事調查，外界認為這
https://www.hk01.com/即時國際/60343746/美司法部停止對鮑威爾及聯儲局調查-為沃什獲確認新主席掃除障礙

The Bad Place 1d ago

Home - CBSNews.com | Why is the DOJ dropping its Jerome Powell probe?

AI generated summary, Read the full article for complete information.

The Justice Department has ended its criminal investigation into Federal Reserve Chair Jerome Powell, a probe that was tied to concerns about the estimated $2.5 billion cost of renovations to the Federal Reserve’s headquarters in Washington, D.C.; CBS News’ Katrina Kaufman reports on why the DOJ dropped the case.

#JeromePowell #FederalReserve #KatrinaKaufman

AI generated summary, Read the full article for complete information.

Why is the DOJ dropping its Jerome Powell probe?

The Justice Department has dropped its criminal probe into Federal Reserve Chair Jerome Powell. The investigation was connected to the estimated $2.5 billion price tag for renovations on the Federal Reserve's headquarters in Washington, D.C. CBS News' Katrina Kaufman reports.

The Bad Place 1d ago

Business | Justice Department drops criminal investigation of Fed chair Powell, likely clearing way for Warsh by Ben Wieder, Gavin J. Quinton

AI generated summary, Read the full article for complete information.

The Justice Department has closed its criminal probe into Federal Reserve Chairman Jerome Powell, ending the inquiry into whether he misled Congress about a $2.5 billion renovation of the Fed’s headquarters—a case that had become a political sticking point for Republican Sen. Thom Tillis, who said he would block the confirmation of Trump‑favored nominee Kevin Warsh while the investigation lingered. U.S. Attorney Jeanine Pirro announced the drop‑off, noting the probe was abandoned after prosecutors found no evidence of wrongdoing, though she left open the possibility of restarting it if new facts arise. With the investigation out of the way, Warsh’s nomination can move forward; he has pledged not to be a “sock‑puppet” for the president and argues for a pro‑growth, market‑first Fed agenda that includes shrinking the central bank’s $6.6 trillion balance sheet and eliminating forward guidance. The closure also underscores ongoing tension over the Fed’s independence, as President Trump has previously pressured the bank on interest‑rate policy and attempted to fire a Fed governor, highlighting the broader political battles surrounding the nation’s most influential central bank.

#JeromePowell #KevinWarsh #DonaldTrump #WallStreet #FederalReserve #JeaninePirro #ThomTillis

AI generated summary, Read the full article for complete information.

Justice Department drops criminal investigation of Fed chair Powell, likely clearing way for Warsh

The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of his likely successor, Kevin Warsh.

Los Angeles Times

Fllics 1d ago

Market Talk: ‘Quieter’ Fed under Warsh could be a ‘double-edged sword’

Fed Chair nominee Kevin Warsh's desire for less public discussion on interest rates could reduce blunders but risks misleading investors, Robert Conzo, CEO of The Wealth Alliance said. #News #Reuters #Newsfeed #federalreserve #kevinwarsh #jeromepowell #fedrates 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters on Facebook: Follow Reuters on X: Follow Reuters on…

https://fllics.com/en/video/market-talk-quieter-fed-under-warsh-could-be-a-double-edged-sword/

Market Talk: 'Quieter' Fed under Warsh could be a 'double-edged sword'

Fllics

David 1d ago

The US Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, paving the way for Kevin Warsh's potential confirmation as his replacement. The move has sparked concerns over the central bank's independence from the White House 📊💼.
#DiscoverHeadlines #FederalReserve #JeromePowell...

US Department of Justice Drops Investigation into Federal Reserve Chair Jerome Powell

Discover Headlines