Justice Department ends probe of Jerome Powell, clears path for Kevin Warsh
The Justice Department has wound down its criminal investigation of Federal Reserve Chair Jerome Powell, removing a major legal hurdle to Kevin Warsh's confirmation as Federal Reserve chair. The wind-down could end an impasse that threatened to delay the leadership transition and Senate consideration of President Trump's nominee. The DOJ action follows a separate ongoing audit of a Federal Reserve construction project that Powell previously requested and that the department continues to pursue. Clearing the investigation shifts the confirmation fight toward policy and politics, potentially speeding a Fed leadership change ahead of upcoming rate decisions.
Sen. Elizabeth Warren: "Anyone who believes Donald Trump's corrupt scheme to take over the Fed is over is fooling themselves. The Senate should not proceed with the nomination of Kevin Warsh."
Candace4Thank you Senator Elizabeth Warren is a fierce, brilliant fighter with integrity. She could have been president. Things would be incredibly better. Nope, US had to have a white male.
AMPTsuper3Sure seems like a withdrawal for a purpose and then easy peasy to start up again after they get what they want. And wasn't there a caveat attached to that withdrawal? @warren.senate.gov bsky.app/profile/macf...
@JohnBGilman.bsky.social2Kevin Warsh is all over the Epstein files & still has a $100 million in one of Epstein's investment vehicles. Is Congress now going to open up the Federal Reserve to the Epstein pedophiles?
NEW: Jeanine Pirro announced that the US Department of Justice would end its criminal investigation of Jerome Powell, clearing the obstacle that has stalled Kevin Warsh’s confirmation as his successor. www.wsj.com/economy/cent...
Susanne 25th for 475There never was any evidence of wrongdoing on Powell's part. Trump just ordered a baseless investigation. A Trump sycophant asked him how fast do you want lower interest rates and he Trump said June 26. SMH
Skip hop jump 🍀💮🐳🐚🐸🐾4Jerome Powell hasn't broken any laws or regulations. Trump is big mad at him because when Trump said "jump" Jerome Powell wouldn't ask "how high"? NGL, it brings a tear to my eye to watch Powell run intellectual circles around Trump. It's so entertaining and 600% heartwarming.💜👏👏
lyndapole4That’s the only reason that she did it.
JustJoe20244Every day is taco Tuesday now
Huntley Haverstock3They found out it wasn't Biden but Trump who appointed Powell
Lisa LaRue2Don’t confirm him! He’s corrupt!
NotafanofFacism2Tillis walks away with his pretend morals intact, we get stuck with a Fed Chair installed to do Trump’s bidding and Pirro will restart the investigation based on bullshit “new evidence.“
Why do I have a bad feeling that as soon as Kevin Warsh is confirmed, the DOJ case against Powell will magically reappear?
Khashoggi's Ghost112Oh wow. As soon as I posted this I see that Elizabeth Warren is warning against this very thing. It would be such a Trumpian thing to do.
@GottaLaff4Because they outwardly hinted as much. More than hinted.
captkickback.bsky.social2Same thought and now I suppose Thom Tillis will go ahead and confirm Warsh.
Jennybing532Because Pirro actually wrote that in her statement?
Breaking News: The Justice Department dropped its criminal investigation into Jerome Powell, the chair of the Federal Reserve. The inquiry had been a roadblock to the confirmation of President Trump’s pick to be the next Fed chair, Kevin Warsh.
frugalman.bsky.social8Don’t trust the slimy DOJ under the Trump regime. They will get Warsh confirmed and then reopen the investigation! Wait for it!
blackbirdchi.bsky.social5Please tell us about your selective coverage that ignored this moment while the past media narrative lead to the current collapse of institutional accountability and abuse of power bsky.app/profile/jonc...
JJ Gittes3Wasn’t a “prosecution”, but a “persecution”.
Allan Schlosser2The "case" against Fed Chairman Powell was bullfeathers from the get-go.
Breaking news: US prosecutors have dropped their criminal investigation into the Federal Reserve chair, in a breakthrough that could pave the way for the Senate to confirm Kevin Warsh as the country’s top central banker. ft.trib.al/chczTJc
Skeet Child O' Mine5Tillis said he was going to hold up nomination of a new Fed Chair until the case against Powell was resolved. I assume DOJ will resurrect the case once Warsh is confirmed.
Traveller In Black4What... that guy who's in the Files?
David Lovejoy3Not enough. Those prosecutors, and those who leaned on them to commit this farce, should face consequences
The move clears the way for Kevin Warsh, Trump’s pick to replace Powell, to advance toward a Senate approval.
Monde Boeuf7Trump will re-open the vendetta probe the minute after Warsh is confirmed.
OryxcrakeInCanada3Who are the advisors (singular or plural) telling Trump that everything he is doing are good ideas, or not good ideas. He isn’t smart enough to figure out anything for himself, and doesn’t really care about outcomes unless it means $$. Is $ the one and only motivator?
The Resistance CO2Yay, let’s push that vote to confirm another pedophile! ABAP- All Billionaires are Pedophiles
