DOJ drops probe into Powell, Fed renovations

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Justice Dept. drops investigation into Federal Reserve and Jerome Powell
The Justice Department on Friday dropped an investigation into the Federal Reserve and its leader, Chair Jerome Powell, regarding a renovation project at the central bank's Washington headquarters."This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions of dollars – that have been borne by taxpayers,

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TMJ4 News WTMJ-TV · 1d
Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh
How the DOJ Went From Investigating Powell to Dropping the Case
Sen. Thom Tillis: Trump Pressuring Fed Chair Risked "Devastating Consequences" for Markets
Kevin Warsh is testifying Tuesday before the Senate Banking Committee in a high-stakes confirmation hearing as President Donald Trump’s nominee to lead the US central bank.

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Key G.O.P. Senator Says He Is Prepared to Advance Nominee for Fed Chair
Justice Department Will End Probe of Fed Chair Powell
Trump Rages About Powell Probe In Tarmac Scrum Outside Air Force One: 'It's Not Dropped!'
New data from the US government released this week shows just how aggressively China added to its oil reserves ahead of the war in Iran.

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Top Democrats demand clarity from Jeanine Pirro over threat to reopen investigation into Jerome Powell – as it happened
Mother Jones · 15h
A Senator Takes The Justice Department at Its Word. What Could Go Wrong?

Signaling change, Kevin Warsh faces confirmation hearing to lead Federal Reserve

President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh, has indicated his leadership will depart from the status quo at the fed under current Chair Jerome Powell.

Prosecutors sought access to Federal Reserve building as Trump threatens to fire Powell

Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according t
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Warsh Fed chair hearing could happen next week in Washington

President Donald Trump's nominee to lead the Federal Reserve could get a hearing next week, according to Senate Banking Committee Chairman Tim Scott.

Federal Reserve

The Federal Reserve will leave interest rates unchanged until the outlook for energy prices and inflation becomes clear. It could take many months. Christopher Waller, a dove on rate cuts, says he sees risk in moving too soon, citing the impact of tariffs and higher oil prices.
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Private Credit Similarly Couldn’t Care Less About The Federal Reserve

President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. The Trump administration has been critical of the cost of the renovation and Federal Reserve Chairman Jerome Powell.