Under Powell, the Federal Reserve has navigated the economic impact of the COVID-19 pandemic, the 2021–2023 inflation surge, and global trade instability. His tenure saw a broad uplift in financial markets apart from two stock markets declines in 2020 and in 2022.
The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as his successor.
Justice Department ends criminal investigation of Fed chair Powell | AP ...
The decision to end the inquiry into Jerome H. Powell’s handling of the Federal Reserve’s renovation could allow Kevin M. Warsh, the president’s pick for Fed chair, to be confirmed.
The Department of Justice has dropped its criminal investigation into the Federal Reserve and its chair, Jerome Powell.
WASHINGTON (AP) — President Donald Trump has for months wanted to remove Jerome Powell as chair of the Federal Reserve. But instead, an investigation by one of his own officials could end up extending Powell’s time at the top of the central bank even after his term formally ends May 15.
Powell says he will remain Federal Reserve chair if Kevin Warsh isn't ...
Watch live as U.S. Federal Reserve Chair Jerome Powell delivers remarks at Harvard University. Credit: Harvard University...more.
The move probably paves the way for the Senate to confirm Kevin Warsh, President Donald Trump's pick to replace Powell.
DOJ drops Powell probe, but successor's confirmation remains in limbo - MSN
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