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Powell probe by Trump DOJ will be resolved, clearing the way for Warsh’s confirmation, Senate Republican says

February 5, 2026
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Powell probe by Trump DOJ will be resolved, clearing the way for Warsh’s confirmation, Senate Republican says




Senate Banking Committee Chair Tim Scott indicated Wednesday that he expects the Department of Justice will resolve its criminal probe of current Federal Reserve chief Jerome Powell, clearing a path for the panel to advance President Donald Trump’s nominee for the top Fed job, Kevin Warsh.

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