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International Business Times
International Business Times
Business
Demian Bio

DOJ Drops Criminal Investigation Of Jerome Powell, Potentially Paving Way For Confirmation Of Kevin Warsh

Federal Reserve Chair Jerome Powell

The Department of Justice dropped on Friday its criminal investigation of Federal Reserve Chair Jerome Powell, federal prosecutor Jeanine Pirro announced.

Pirro said in a social media publication that the Inspector General for the Federal Reserve was asked to "scrutinize the building costs overruns" of the Fed's headquarters, which were at the center of allegations against Powell.

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