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U.S. Department of Justice halts investigation into the Federal Reserve, paving the way for Waller's nomination to be approved by the Senate
U.S. District Attorney in the District of Columbia, Jenneena Piro, said on the 24th that, in light of the U.S. Federal Reserve Board’s expected internal investigation into cost overruns for the office building renovation project, she has instructed the U.S. Attorney’s Office for the District of Columbia to end its investigation into the Federal Reserve office building renovation project. According to analysis by U.S. media, the U.S. Department of Justice ending the related criminal investigation into Federal Reserve Chair Jerome Powell will pave the way for Kevin Walsh, the next Federal Reserve chair nominee proposed by President Donald Trump, to be approved by the Senate. (Xinhua News Agency)