The Department of Justice on Friday dropped its criminal investigation of Federal Reserve Chair Jerome Powell, removing a major hurdle to the Senate confirming President Donald Trump’s nomination of Kevin Warsh to replace him.
Jeanine Pirro, the top federal prosecutor in the District of Columbia, announced the decision to abandon the Powell probe in a post on X.
Pirro had said on Wednesday that she was committed to continuing the probe, which had been crippled by a federal judge’s ruling quashing subpoenas her office issued to the Federal Reserve related to a multi-billion-dollar renovation of its headquarters in Washington.
Sen. Thom Tillis, a North Carolina Republican who sits on the Senate Banking Committee, had put an effective hold on the full Senate voting on Warsh’s nomination unless the criminal investigation ended.
Looks like Trump realize how silly it was to investigate the chairman months before he was going to be done with his position anyways.
link: https://www.cnbc.com/2026/04/24/fed-powell-doj-warsh-trump.html
DOJ drops criminal probe of Fed Chair Powell, removes hurdle for Warsh confirmation
byu/mike_gundy666 instocks
Posted by mike_gundy666
8 Comments
The “hurdle” is an illegal prosecution and abuse of justice by the current WH
Yeah no shit. It was a big nothing burger. Was never going anywhere to begin with.
The one man doing his job and not engaging in unhinged corruption is getting probed. The Trump admin sucks ass.
I believe in JPow. He’s staying on as member of the board despite the dismissal.
this smells more like politics clearing runway than anything else
would wait for official DOJ statement before treating it as settled
We all knew this was going nowhere. I’m only surprised that Piro was competent enough to drop it. I’m sure she’ll be fired soon.
>Looks like Trump realize how silly it was to investigate the chairman months before he was going to be done with his position anyways.
Not quite. It just shows how performative the investigation was. The idea of not investigating crimes just because someone is leaving didn’t prevent Congress from impeaching Trump after J6, nor should it have.
Ha someone else predicted exactly this….
Whelp they were right.