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US govt closes criminal probe into Federal Reserve Chair Jerome Powell
short by Mansi Agarwal / on Friday, 24 April, 2026
The US Justice Department is closing its criminal investigation into Federal Reserve Chair Jerome Powell, US Attorney Jeanine Pirro said on Friday. The probe was linked to cost overruns in renovations of the central bank's Washington headquarters. Its closure reportedly removes a hurdle to confirming Kevin Warsh, backed by US President Donald Trump, as the next Fed chair.
read more at Reuters