DOJ investigation into Powell could backfire on Trump and keep Fed chair in office
Donald Trump
WASHINGTON (AP) — President Donald Trump has for months wanted to remove Jerome Powell as chair of the Federal Reserve. But instead, an investigation by one of his own officials could end up extending Powell’s time at the top of the central bank even after his term formally ends May 15. Trump has nominated former Fed official Kevin Warsh to succeed Powell. Yet Warsh’s confirmation has been delayed by a Justice Department investigation into brief comments Powell made before the Senate Banking
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