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DOJ Drops Fed Investigation, Smoothing Path for Fed Chair Nominee Kevin Warsh | Balance of Power
Posted
April 25, 2026
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April 25, 2026
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30:39Now PlayingInsight & analysis on the White House and Capitol Hill.
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The Department of Justice ended its investigation into the Federal Reserve and its chair Jerome Powell over building costs, handing it over to the office of the inspector general that oversees the Fed.
“I have directed my office to close our investigation as the IG undertakes this inquiry,” US Attorney for the District of Columbia Jeanine Pirro wrote in a statement, “Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.”
The move clears a potential path for Senate confirmation of Kevin Warsh, Trump’s pick to take over as chair of the federal reserve.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:
Bloomberg International Economics and Policy Correspondent Mike McKee
Rep. Suzan DelBene, Democrat from Washington and Chairwoman of the Democratic Congressional Campaign Committee
Principal of the International Practice at BGR Group Lester Munson and Managing Partner at Bully Pulpit International Adam Hodge
Israel’s Ambassador to the US from 2021 to 2025 Michael Herzog
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Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
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