Is there a turning point in the U.S. Department of Justice's investigation into Powell? The Chief Prosecutor has been replaced

Wallstreetcn
2026.03.11 21:57
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The top Republican on the U.S. Senate Banking Committee stated that the "chief prosecutor" responsible for the criminal investigation of Federal Reserve Chairman Jerome Powell by the U.S. Department of Justice has been replaced, a change that may indicate significant developments in this impactful investigation. Thom Tillis, a Republican senator from North Carolina and a member of the committee, has repeatedly stated that he will block any Federal Reserve personnel nominations as long as the Department of Justice's investigation into Powell is ongoing