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Chairman Hill Welcomes DOJ Decision, Calls for Swift Action on Fed Chairman Nominee Kevin Warsh

House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement regarding the Department of Justice's announcement it was closing its investigation of Federal Reserve Chairman Jerome Powell: 

“I welcome the Department of Justice’s decision to close its investigation. As I’ve said since January 12, I felt like the accusation that Chairman Powell had committed some sort of crime connected with the building construction was a distraction and it would delay President Trump in the selection of a new Chairman. With the DOJ probe concluded and the Inspector General review ongoing, I hope the Senate can get President Trump’s highly qualified nominee, Kevin Warsh, confirmed and in place as soon as possible to further advance President Trump’s economic agenda.

 

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