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President Donald Trump's nomination of Kevin Warsh to replace Federal Reserve Chair Jerome Powell had been effectively blocked because of the investigation.
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The Justice Department is dropping its investigation of Federal Reserve Chairman Jerome Powell, paving the way for the Senate to confirm Kevin Warsh, President Trump's nominee to lead the Fed.
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The Justice Department is ?closing its investigation ?into cost overruns ?in renovations at the ?Federal Reserve under chairman ?Jerome Powell, U.S. Attorney Jeanine Pirro said on Friday.
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