DOJ Drops Powell Probe, Smoothing Warsh Path to Fed
The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump’s pick to be the next Fed leader. US Attorney Jeanine Pirro said in a social media post Friday that the Fed Inspector General had been asked to scrutinize the cost overruns. She said she expects a report soon on the findings. Bloomberg International Economics and Policy Correspondent Mike McKee joins Paul Sweeney and Scarlet Fu on ‘Bloomberg Intelligence’ to discuss what happens next. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t [See More…]





