NPR Politics
DoJ drops Powell probe, paving the way to confirm Kevin Warsh
The Justice Department has closed its investigation into Federal Reserve Chairman Jerome Powell, clearing a significant political obstacle ahead of Kevin Warsh's Senate confirmation process. Warsh, Trump's pick to lead the central bank, can now advance without the distraction of an active federal probe hanging over the transition. The move signals the administration is ready to install its preferred leadership at the Fed.
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