The end of the investigation clears the way for the Senate to confirm President Trump's choice to become the next head of the nation's most important financial institution.
President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.
Confirmation hearings for Federal Reserve chairs are usually staid, rubber-stamp affairs. Not this one.
The Senate Banking Committee voted Wednesday to advance Kevin Warsh’s nomination to lead the Federal Reserve, just days after the Department of Justice (DOJ) said it was dropping its criminal probe ...