Somebody picked up the phone for Trump and told the ex-Fox News talking head DC US Atty to close down her digging at Fed Chair Powell so his replacement can be confirmed….
Powell has denied Trump’s effort to get rid of him….
The new guy is waiting ion the wings for a US Senate Ok which was on hold until Pirro backed down.…
Pirro says the Fed IG would continue the Fed review, but one could doubt THAT will contiune as it would kneecap the new guy, Kevin Walsh, who told the Denator’s he would run a ‘Independent’ Fed, something the money people will want , but NOT Donald Trump…
The Department of Justice (DOJ) announced Friday it was dropping its criminal investigation into Federal Reserve Chair Jerome Powell and his handling of renovations at the central bank.
The announcement from Jeanine Pirro, U.S. attorney for the District of Columbia, likely clears the way for the confirmation of Kevin Warsh, the former Fed board member nominated by Trump to replace Powell as Fed chair.
In a Friday post on social media, Pirro said she asked the Fed inspector general (IG) to investigate Powell and the bank’s renovations, and would be closing the criminal investigationthe DOJ launched in December.
“The IG has the authority to hold the Federal Reserve accountable to American taxpayers. I expect a comprehensive report in short order and am confident the outcome will assist in resolving, once and for all, the questions that led this office to issue subpoenas,” Pirro wrote….
The end of the criminal probe into the Fed and Powell comes after retiring Sen. Thom Tillis (R-N.C.) reiterated last week that he would not support any Trump nominee to the bank until the DOJ wrapped up its investigation, which he dismissed as a baseless political pressure campaign….
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