Justice Department closes Powell probe clearing path for Warsh Fed nomination fast vote

The renovations were the focus and prosecutors found no crime

The US Justice Department has ended its criminal probe of Federal Reserve chair Jerome Powell, finding no evidence of criminal conduct tied to the Fed’s building renovations. With subpoenas already dismissed by a judge, the ruling removes a key hurdle for President Trump’s nominee Kevin Warsh, potentially paving the way for a quicker Senate confirmation vote.