U.S. Department of Justice Concludes Investigation into Chairman Powell, Paving the Way for Nominee Kevin Warsh's Confirmation

On the 24th, Janine Pirro, a federal prosecutor for the District of Columbia, announced the conclusion of the criminal investigation into FRB Chairman Jerome Powell regarding false declarations related to the renovation costs of the Federal Reserve Board's headquarters. This decision marks a significant political turning point, ensuring the Senate confirmation of Kevin Warsh, nominated by President Trump as the next chairman.