Justice Department Ends Politically Motivated Probe into Fed Chair Powell, Clearing Path for Trump's Nominee
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The U.S. Justice Department has finally ended its investigation into Federal Reserve Chair Jerome Powell, removing a politically driven obstacle and allowing the Senate to move forward with confirming President Trump’s strong nominee, Kevin Warsh.
The U.S. Department of Justice has concluded its criminal investigation into Federal Reserve Chair Jerome Powell, finally putting an end to a probe that many conservatives saw as a politically motivated distraction. This long-overdue decision now opens the door for the confirmation of Kevin Warsh, President Donald Trump’s nominee, who is expected to bring much-needed reform and accountability to the Federal Reserve.
The investigation, which focused on cost overruns in the Federal Reserve's $2.5 billion headquarters renovation project, had become a tool for delaying the confirmation of a Trump-backed candidate. U.S. Attorney for the District of Columbia Jeanine Pirro announced the decision on X, noting that the Federal Reserve's Inspector General would now oversee the matter—an appropriate move given the lack of evidence against Powell.
The probe had been weaponized by Democrats and establishment figures to stall the Senate confirmation process for Kevin Warsh. Senator Thom Tillis (R-N.C.) had made it clear he would not support Warsh’s confirmation until the Justice Department wrapped up its investigation, demonstrating the importance of due process even in the face of partisan gamesmanship.
The Federal Reserve's Inspector General had already reviewed the renovation project twice and found no evidence of wrongdoing, making the Justice Department’s decision to end its investigation a logical step. With this baseless probe finally over, the Senate can proceed with confirming Warsh, ensuring that the Federal Reserve is led by someone who will prioritize American interests over bureaucratic inertia and leftist obstruction.