DOJ set to end Fed Chair Powell probe as soon as Friday, clearing path for Warsh confirmation
Crypto Briefing
The Department of Justice is expected to conclude its investigation into Fed Chair Jerome Powell, removing a barrier to Kevin Warsh’s confirmation.Summary
The U.S. Department of Justice is reportedly nearing the conclusion of a criminal investigation into Federal Reserve Chair Jerome Powell. The probe's anticipated closure, expected as early as Friday, addresses concerns raised by Senator Thom Tillis, who had previously halted the confirmation process for Kevin Warsh until the matter was resolved. This development is a significant step toward finalizing the leadership transition at the Federal Reserve.
(Source：Crypto Briefing)