1027 ET - With the Justice Department's probe of Jerome Powell winding down, Kevin Warsh likely has a clear path to succeed Powell as Fed chair. His nomination had been held up in the Senate over Republican Thom Tillis's opposition to the Powell investigation. When confirmed, Warsh would take over the board seat now occupied by Stephen Miran, winding down Miran's short seven-month stint at the central bank. Powell can elect to stay on the Fed's board as a governor, although most past Fed chairs have left the institution when their leadership terms end. (matt.grossman@wsj.com; @mattgrossman)
(END) Dow Jones Newswires
April 24, 2026 10:28 ET (14:28 GMT)
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