jeannine pirro

Justice Department Ends Probe Into Fed Chair Powell, Clearing Path for Successor Warsh

The US Justice Department has ended its investigation into Federal Reserve chair Jerome Powell regarding extensive building renovations at the Fed's headquarters. US Attorney Jeannine Pirro announced the decision on Friday, stating the Fed's inspector general would handle scrutiny instead. The decision clears a major obstacle for Kevin Warsh's confirmation as Powell's successor, with Powell's term expiring May 15. A judge had previously quashed subpoenas, noting prosecutors produced essentially zero evidence of a crime.