Trump Administration's Justice Department Drops Investigation into Fed Chair, Paving Way for New Nominee
The US Department of Justice, led by the Trump administration, has relinquished its investigation into Federal Reserve Chair Jerome Powell, potentially paving the way for the confirmation of Kevin Warsh as the new Fed chair. Warsh, who has significant personal wealth, including cryptocurrency assets, has been awaiting a final vote from the Senate after appearing in a confirmation hearing. The DOJ…
April 24, 2026, 4:38 p.m.