Trump Administration Drops Investigation, Paving Way for Federal Reserve Nominee
The US Department of Justice, under President Donald Trump, has withdrawn its investigation into Federal Reserve Chair Jerome Powell, potentially paving the way for Trump's nominee, Kevin Warsh, to take over as Fed chair. Warsh, who has significant personal wealth, including assets in the cryptocurrency space, has been awaiting a Senate vote after a recent confirmation hearing. Trump has been cri…
April 24, 2026, 4:38 p.m.