Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh – USA News 26 April 2026
The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as hi
Date: April 26, 2026 | Source: Associated Press | Category: USA News
Overview
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. U.S. Attorney for the District of Columbia Jeanine Pirro said on X Friday her office w…
Key Details
1 of 5 | Federal Reserve Chair Jerome Powell addresses students at Harvard University, March 30, 2026, in Cambridge, Mass. (AP Photo/Charles Krupa, File)
2 of 5 | Federal Reserve Board Chairman Jerome Powell leaves after the International Monetary and Financial Committee (IMFC) meeting during the World Bank/IMF spring meetings at the IMF headquarters in Washington, Friday, April 17, 2026. (AP Photo/Jose Luis Magana)
3 of 5 | Kevin Warsh is sworn in during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors before the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington Tuesday, April 21, 2026. (AP Photo/Jose Luis Magana)
4 of 5 | President Donald Trump listens to Federal Reserve Chairman Jerome Powell speak during a visit to the Federal Reserve, July 24, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson, File)
5 of 5 | The Federal Reserve Board Building is seen as it undergoes renovations, Jan., 13, 2026, in Washington. (AP Photo/Pablo Martinez Monsivais, File)
1 of 5 | Federal Reserve Chair Jerome Powell addresses students at Harvard University, March 30, 2026, in Cambridge, Mass. (AP Photo/Charles Krupa, File)
Federal Reserve Chair Jerome Powell addresses students at Harvard University, March 30, 2026, in Cambridge, Mass. (AP Photo/Charles Krupa, File)
2 of 5 | Federal Reserve Board Chairman Jerome Powell leaves after the International Monetary and Financial Committee (IMFC) meeting during the World Bank/IMF spring meetings at the IMF headquarters in Washington, Friday, April 17, 2026. (AP Photo/Jose Luis Magana)
Why This Matters for Exam Students
This USA news is important for students preparing for competitive exams including UPSC, SSC CGL, SSC CHSL, Railway RRB NTPC, IBPS PO, SBI PO and all state PSC examinations. Current affairs and general awareness are key sections in all these exams.
Frequently Asked Questions (FAQ)
- When was this news published?
- April 26, 2026
- What is this news about?
- 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. U.S. Attorney for the District of Columbia Jeanine Pirro said on X Friday her office w…
- Which exams cover this topic?
- UPSC, SSC CGL, SSC CHSL, Railway RRB, IBPS, SBI PO, and all State PSC exams.
- Who reported this news?
- Associated Press
Conclusion
Stay updated with the latest USA current affairs on Government Naukri Alert. Bookmark this page and visit daily for fresh exam-relevant news and government job updates.
Source: Associated Press
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