Justice Dept. drops probe into Federal Reserve, Jerome Powell

posted by Kristi Wachter on May 4, 2026

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April 24, 2026

The Justice Department dropped a probe of the Federal Reserve and Chair Jerome Powell, clearing the way for Trump's Fed chair pick Kevin Warsh to be confirmed.

Excerpt

Warsh's confirmation has been blocked by Sen. Thom Tillis due to what the Republican from North Carolina called a "bogus" investigation of Powell.

Links

Justice Dept. drops probe into Federal Reserve, Jerome Powell

Source

NBC News

Author

Steve Kopack

Via

Extra! Extra! 4/26

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