DOJ Probe Clouds Warsh’s Fed Chair Bid

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Source: The New York Times
DOJ Probe Clouds Warsh’s Fed Chair Bid
Photo: The New York Times
TL;DR

A DOJ probe into the Fed’s headquarters renovations, led by Jeanine Pirro, complicates Kevin Warsh’s bid to become Fed chair as Jerome Powell’s investigation continues, prompting Republican hesitancy and Democratic resistance in the Senate and underscoring tensions between political influence and Fed independence as Powell’s term nears its end.

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