Politics DOJ ends Powell probe, lifts hurdle for Trump’s Fed chair nominee Warsh, Apr 24, 2026

• The Department of Justice dropped its criminal investigation of Federal Reserve Chair Jerome Powell.
• The move by U.S. Attorney Jeanine Pirro removes a major hurdle to President Donald Trump’s nomination of Kevin Warsh to replace Powell.
• Sen. Thom Tillis, a North Carolina Republican, had put an effective hold on the Senate confirming Warsh unless the criminal investigation of Powell was dropped.
• Pirro said the Fed’s inspector general will investigate cost overruns of the central bank’s multibillion-dollar renovation of its headquarters in Washington, D.C. The inspector general launched that probe in July.

Source: CNBC; https://www.cnbc.com/2026/04/24/fed-powell-doj-warsh-trump.html