Move will remove obstacle for confirmation of Kevin Warsh, Trump’s pick to replace Powell as Federal Reserve chairSign up for the Breaking News US email to get newsletter alerts in your inboxThe US Department of Justice is dropping its criminal investigation against the Federal Reserve chair, Jero me Powell, clearing the path for Donald Trump’s new nominee for chair to be confirmed.Jeanine Pirro, Trump’s appointed US attorney for the District of Columbia, said in a social media post that she had directed her office to close its investigation into renovations at the Fed headquarters that went over budget. Continue reading... ...read more read less