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DOJ drops criminal probe of Fed Chair Powell

By CNBC Television April 24, 2026 Neutral
DOJ drops criminal probe of Fed Chair Powell
The Department of Justice on Friday dropped its criminal investigation of Federal Reserve Chair Jerome Powell, removing a major hurdle to the Senate confirming President Donald Trump's nomination of Kevin Warsh to replace him.
The Department of Justice on Friday dropped its criminal investigation of Federal Reserve Chair Jerome Powell, removing a major hurdle to the Senate confirming President Donald Trump's nomination of Kevin Warsh to replace him.