Justice Department drops inquiry into Fed Chair Jerome Powell

The Justice Department just dropped its inquiry into Fed Chair Jerome Powell.

That clears a big hurdle for the Senate to confirm Kevin Warsh as the next central bank chief.

But the timing here is everything.

With inflation still simmering and markets on edge, this move shifts the power dynamic at the Fed big time.

So what does this mean for interest rates heading into the next election?

📸 (Image: AI Illustration)

#FedChair #JeromePowell

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