DOJ Ends Investigation Into Fed Chair Powell, Paving the Way for Warsh Confirmation -- Barrons.com

Dow Jones04-24 22:35

By Megan Leonhardt

U.S. Attorney Jeanine Pirro announced Friday that her office is closing a criminal investigation into Federal Reserve Chair Jerome Powell's handling of the renovation of two historic central bank buildings in Washington, D.C.

This clears the path for the Senate to move to confirm President Donald Trump's nominee, Kevin Warsh, as the next Fed chair. His confirmation was set to be delayed after Sen. Thom Tillis (R-N.C.) vowed to block any Fed nominee until the Department of Justice's investigations into Powell concluded.

This is breaking news. Check back for more updates soon.

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

April 24, 2026 10:35 ET (14:35 GMT)

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