US Justice Department Drops Probe, Paving Way for Trump's Federal Reserve Nominee
The US Department of Justice, led by President Donald Trump, has abandoned 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 investments in cryptocurrency, is awaiting a final Senate vote after a recent confirmation hearing. Trump has been critica…
April 24, 2026, 4:38 p.m.