Leon Smith of Pennsylvania named 2026 National Teacher of the Year: “He is everything you want in a teacher”

April 21, 2026 / 11:11 AM EDT / CBS News

By Kelsie Hoffman

“CBS Mornings” exclusively revealed Pennsylvania high school teacher Leon Smith as the 2026 National Teacher of the Year, which is selected by the Council of Chief State School Officers’ National Teacher of the Year program.

Smith, a social studies teacher at Haverford High School in Havertown, Pennsylvania, said the honor “just means everything.”

“It’s just such an honor to be able to represent teachers all over the country and really stand on the shoulders of so many others that have come before me that have done just such great work,” Smith said in an interview with “CBS Mornings” on Tuesday.

Smith, who teaches AP U.S. history and AP African American studies, was previously named the 2025 Pennsylvania Teacher of the Year.

In a video, students at Haverford High School and colleagues described Smith as passionate, caring, charismatic and engaging.

“He is everything you want in a teacher,” principal Pete Donaghy said in the video. “He relates African American studies or U.S. history to his students.”

Smith reflected on the difference teachers can make in the lives of their students. For him, his favorite teacher was his first grade teacher, Ms. Mason.

“Just how she made me feel,” Smith said. “So I just think that’s the power of a teacher, that it’s not always the content but it’s how you make the students feel is what they remember.”

Smith said he thinks it’s crucial to let students “know that you care.”

“And also just being able to see things in students that they cannot see in themselves.”

Smith is also a longtime basketball coach, coaching the freshman team at Haverford High School.

“I was one of his players and he made sure that I felt seen,” a former player told “CBS Mornings.” “He made me feel like I actually had a purpose.”

Smith’s love for basketball started when he was young. His favorite player ever is Julius Erving, known as Dr. J., who Smith said made him “fall in love” with the game.

Erving surprised Smith on “CBS Mornings” by congratulating him in person on being named the National Teacher of the Year.

“When I got the notification about Leon, I realized that his school Haverford is literally right around the corner from a house that I lived in for 11 years,” Erving said. “So there was a connection …I said, ‘Well, let’s go and be on the show. Go see some people. Spread some joy. Spread some love.’”

Erving recalled a teacher who had an impact on his life.

“The most significant was Mr. Ray Wilson, who actually taught special ed in my high school, but he was also my basketball coach,” Erving said, describing Wilson as a lifelong mentor.

“He lived until he was in his 80s, and he was always there. He was always my first call anytime anything came up. Big or small, I could always call him, anytime, day or night. That was special.”

Smith called meeting Erving an honor and said he’s thankful for a moment that he’ll never forget.

National Teacher of the Year revealed

https://www.cbsnews.com/video/cbs-mornings-exclusively-reveals-2026-national-teacher-of-the-year/

“CBS Mornings” exclusively reveals 2026 National Teacher of the Year

(10:21)

位于弗吉尼亚州阿灵顿的五角大楼。 （路透社档案照片）

美国战争部星期二（4月21日）宣布，美方于深夜在印太地区登临一艘“无国籍”的受制裁船只。

根据美国财政部外国资产控制办公室（OFAC）资料，这艘名为“M/T Tifani”的船只因运输伊朗石油而受到制裁。

航运追踪网站MarineTraffic则显示，拦截事件似乎发生在印度洋海域。

美国战争部在社媒发声明说，美军部队连夜对这艘受制裁船只实施登临检查、海上拦截和登船行动，过程未发生意外。

声明指出，美国决心“打击非法网络，并拦截为伊朗提供实质支持的受制裁船只，无论它们在哪里运作”。

法新社确认，这艘船只与伊朗相关活动有牵连。

此次行动之前，美国海军周日曾在阿曼湾向一艘悬挂伊朗国旗的船只开火并将其扣押。

美军突袭印度洋油轮 扣押涉运伊朗原油受制裁船只

2026年4月21日 20:45 / 联合早报

位于弗吉尼亚州阿灵顿的五角大楼。 （路透社档案照片）

美国战争部星期二（4月21日）宣布，美方于深夜在印太地区登临一艘“无国籍”的受制裁船只。

根据美国财政部外国资产控制办公室（OFAC）资料，这艘名为“M/T Tifani”的船只因运输伊朗石油而受到制裁。

航运追踪网站MarineTraffic则显示，拦截事件似乎发生在印度洋海域。

美国战争部在社媒发声明说，美军部队连夜对这艘受制裁船只实施登临检查、海上拦截和登船行动，过程未发生意外。

声明指出，美国决心“打击非法网络，并拦截为伊朗提供实质支持的受制裁船只，无论它们在哪里运作”。

法新社确认，这艘船只与伊朗相关活动有牵连。

此次行动之前，美国海军周日曾在阿曼湾向一艘悬挂伊朗国旗的船只开火并将其扣押。

NATO deploys armed fighter jets to intercept Russian military planes flying over Baltic Sea

April 21, 2026 / 10:58 AM EDT / CBS/AP

NATO intercepted Russian strategic bombers and fighter jets that flew over the Baltic Sea on Monday, a muscular display of air power on the alliance’s eastern flank away from the spotlight on the Middle East.

French Rafale fighters were deployed from a Lithuanian air base where they are stationed as part of a decades-long NATO air-policing effort. The fighters armed with air-to-air missiles joined jets from Sweden, Finland, Poland, Denmark and Romania. They all took to the skies to inspect and keep watch on the Russian flight, the French detachment said.

The Russian mission included two supersonic Tu-22M3s, as well as about 10 fighters — both SU-30s and SU-35s — that took turns escorting the larger strategic bombers, according to the statement.

The Russian Defense Ministry said the long-range bombers’ flight was scheduled and occurred in airspace over the neutral waters of the Baltic Sea. The flight took more than four hours, the ministry said Monday on Telegram.

“At certain stages of the route, the long-range bombers were accompanied by fighters of foreign states,” the ministry said. “Crews of long-range aviation regularly conduct flights over the neutral waters of the Arctic, the North Atlantic, the Pacific Ocean, as well as the Baltic and Black Seas. All flights of Russian Aerospace Forces aircraft are carried out in strict compliance with international rules for the use of airspace.”

In this photo provided by the French Army on April 20, 2026, a Russian supersonic Tu-22M3 strategic bomber, right, and an escorting Su-35 Russian fighter jet fly over the Baltic Sea. AP

The ministry did not immediately respond to a request for comment on Tuesday. It often reports flights by its strategic bombers over the Baltic Sea, including in January — when NATO jets also flew up to meet them — and at least four times last year.

NATO’s Allied Air Command also did not immediately respond to a request for comment on Tuesday.

The military alliance routinely scrambles fighter aircraft to intercept Russian warplanes that approach or fly near NATO airspace. NATO says the Russian planes it intercepts often fail to use their transponders and don’t communicate with air traffic controllers or file a flight plan. NATO jets are sent up to identify them.

Many of the Russian flights that NATO monitors with its Baltic air policing mission — in place since Lithuania, Latvia and Estonia joined the alliance in 2004 — are to and from the Russian enclave of Kaliningrad. Even before the war in Ukraine, NATO was intercepting Russian planes around 300 times each year, mostly over waters around northern Europe.

A journalist from The Associated Press witnessed the French detachment’s response on Monday from the sprawling Šiauliai Air Base in Lithuania. NATO uses the base for fighter patrols that police the skies on the alliance’s eastern flank.

In this photo provided by the French Army on April 20, 2026, a Russian supersonic Tu-22M3 strategic bomber flies over the Baltic Sea. Etat-Major des Armees via AP

Two French Rafale fighter jets’ two-man crews — a pilot and a navigator — were seen racing in two vans to the planes’ hangars from the headquarters building the French detachment uses during its four-month deployment on the air base.

The crews were already suited up because they’d been on standby, so they would be ready to take to the air within minutes if scrambled.

The two crews quickly took their places in their planes’ cockpits. They were then put on hold, with the planes’ jet engines ignited, until they got the order to take off. Then they taxied out of their hangars and roared off into the clear skies.

Monday’s flight was the latest in Russia’s maneuvers over — and under — the Baltic Sea. Over the last few years, there have been several incidents of alleged Russian sabotage of underwater cables in the sea.

Lithuania’s defense ministry said NATO jets were scrambled four times from April 13-19 to intercept Russian aircraft that violated flight rules that included turning off flight transponders and flying without a flight plan.

In April 2025, two Swedish fighter jets under NATO command were scrambled over the Baltic Sea to escort away a Russian reconnaissance plane that was approaching Polish airspace. That same month, Britain said it had dispatched two of its fighter jets to intercept a Russian IL-20 Coot reconnaissance plane, and two days later, the jets intercepted an unknown aircraft leaving Kaliningrad air space.

U.S. and Russian aircraft have had close calls in the region over the years. In 2018, a Russian fighter jet intercepted a U.S. Navy spy plane over international airspace above the Baltic Sea in what the European Command is describing as a safe intercept — even though the aircraft came within 20 feet of each other. In 2017, an armed Russian jet came within five feet of a U.S. reconnaissance plane over the Baltic Sea.

锁定太平洋无人孤岛 日本寻第四处核废料处置场

2026年4月21日 21:14 / 联合早报

日本政府正积极推进核废料处理方案。图为2023年3月拍摄的福岛第一核电站，现场放满储存核污染水的储水罐。 （路透社）

日本政府表明，将对位于太平洋的偏远岛屿南鸟岛（Minamitori Island）展开初步调查，评估其是否适合作为高放射性核废料地下处置场选址的一部分。若最终入选，南鸟岛将成为日本第四处此类候选地点。

日本经济产业部长赤泽亮正星期二（4月21日）与小笠原村长涩谷正昭会面时指出，政府将开展这项调查。

南鸟岛隶属东京都小笠原村，位于日本领土最东端的太平洋海域。此前，北海道寿都町和神惠内村已完成初步调查，佐贺县玄海町的调查仍在进行中。

日本高放射性核废料选址分为三个阶段，预计耗时20年。第一阶段的初步调查预计为期两年，主要根据公开地质资料核查土地条件及火山活动情况。参与调查的地方政府最高可获得20亿日元（约1600万新元）津贴。

涩谷正昭说，他将“接受政府的决定”，但敦促中央政府兑现承诺，采取措施应对包括负面舆论在内的问题。赤泽亮正则说，政府将“走在最前线”，争取尽早推进到下一阶段。

与此前三个批准调查的地区不同，南鸟岛没有平民居住，岛上仅有日本海上自卫队成员及政府人员驻留。

日本政府正积极推进核废料处理方案。图为2023年3月拍摄的福岛第一核电站，现场放满储存核污染水的储水罐。 （路透社）

日本政府表明，将对位于太平洋的偏远岛屿南鸟岛（Minamitori Island）展开初步调查，评估其是否适合作为高放射性核废料地下处置场选址的一部分。若最终入选，南鸟岛将成为日本第四处此类候选地点。

日本经济产业部长赤泽亮正星期二（4月21日）与小笠原村长涩谷正昭会面时指出，政府将开展这项调查。

南鸟岛隶属东京都小笠原村，位于日本领土最东端的太平洋海域。此前，北海道寿都町和神惠内村已完成初步调查，佐贺县玄海町的调查仍在进行中。

日本高放射性核废料选址分为三个阶段，预计耗时20年。第一阶段的初步调查预计为期两年，主要根据公开地质资料核查土地条件及火山活动情况。参与调查的地方政府最高可获得20亿日元（约1600万新元）津贴。

涩谷正昭说，他将“接受政府的决定”，但敦促中央政府兑现承诺，采取措施应对包括负面舆论在内的问题。赤泽亮正则说，政府将“走在最前线”，争取尽早推进到下一阶段。

与此前三个批准调查的地区不同，南鸟岛没有平民居住，岛上仅有日本海上自卫队成员及政府人员驻留。

Trump says currency swap with UAE is under consideration

2026-04-21 13:43:34 UTC / Reuters

By Reuters

April 21, 2026 1:43 PM UTC Updated 2 hours ago

节点运行失败

U.S. President Donald Trump speaks about research into mental health treatments in the Oval Office of the White House in Washington, D.C., April 18, 2026. REUTERS/Nathan Howard/File Photo Purchase Licensing Rights

WASHINGTON, April 21 (Reuters) – President Trump said ​on Tuesday that the United States was considering helping the ‌United Arab Emirates financially and a currency swap with the Middle East nation was under consideration.

“It is,” ​Trump told CNBC when asked if ​a currency swap with the UAE was ⁠under consideration, calling them a good ally.

The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.

“They’re ​really led by incredible people… I mean, I’m ​surprised, because they are really rich,” Trump said.

Advertisement · Scroll to continue

“If I could help them, I would, I mean, we’re ​helping them much more with what we’re ​doing with the war,” Trump said referring to U.S. and ‌Israel’s ⁠war with Iran.

The Wall Street Journal reported that UAE’s central bank governor raised the idea of a currency swap line with U.S. ​Treasury Secretary ​Scott Bessent ⁠and Federal Reserve officials in meetings in Washington last week, in ​case the war plunges the oil-rich ​country ⁠into a deeper crisis.

“If the UAE had a problem – I find it hard to believe – but ⁠if ​they had a problem, ​we would be there for them,” said Trump.

Reporting by Susan ​Heavey and Bhargav Acharya; Editing by Caitlin Webber

Our Standards: The Thomson Reuters Trust Principles.

日相高市上台半年推翻武器出口限令 为实现军售大梦铺路

2026年4月21日 21:32 / 联合早报 符祝慧 东京特派员

AI摘要

• 日本首相高市早苗上台半年后修改军售条例，允许出口杀伤性武器，如护航舰艇和潜艇。
• 新规下，这些军备出口将由国家安全保障会议审批，并向国会报告，而非武器如防弹背心则不受限制。
• 出口限于与日本签署《国防装备和技术转让协议》的17个国家，但也可在“特殊情况”下向盟国或志同道合国家提供武器。
• 该举措受到菲律宾、美国等国欢迎，认为有助于提升地区防御能力和稳定，但遭到中国和韩国的强烈反对。

本摘要由AI辅助生成，仅供参考

日本内阁秘书长木原稔表示，日本将放宽实施数十年的武器出口管制规定，为向海外出售杀伤性武器铺路。图为日本陆上自卫队坦克2023年5月在御殿场东富士演习场进行实弹演习。 （法新社）

上台半年，日本首相高市早苗着手修改军售条例，为日本军舰和导弹等具杀伤性武器出口开绿灯。这不但为日本国防工业拓展海外市场规模，更扩大“朋友圈”的武器出口，为应对区域危机发挥威慑力。

根据2014年制定的《防卫装备转让三原则》规定，日本出口的军事物资只限救援、运输、预警、监视和扫雷设备等五个领域。高市政府星期二（4月21日）通过内阁决议松绑这个限制，允许杀伤性武器出口，无需国会提前审批。

杀伤性武器主要是具备战斗力的护航舰艇和潜艇，根据新规，这些军备出口将由国家安全保障会议（NSC）审批，一旦获准，只需向国会报告。非武器如防弹背心等，则不受此限制。

文件阐明，出口只限与日本签署《国防装备和技术转让协议》的17个国家，如菲律宾和印度尼西亚。但也阐明可允许向正在交战中的盟国或志同道合国家提供武器的“特殊情况”。

日本海上自卫队最上级隐形护卫舰三隈号停泊在神奈川县横须贺市的海上自卫队海军基地。（法新社）

日本长期以来遵守宪法的和平理念，历届政府对武器出口采取谨慎态度。这次高市政府为军售大开绿灯，被指与这个理念背道而驰。

高市在社媒辩解说，如今没有哪个国家能够独自维护自身和平与安全，在防卫装备与伙伴国相互支持不可少。为此，日本走和平国家道路的基本原则没变。

内阁秘书长木原稔在记者会上表示，政府将建立由相关部委和机构局长级官员组成的指挥中心来监督和推动军事装备出口。

《每日新闻》引述日本防卫官员的谈话，透露不少国家对日本军备感兴趣。例如，澳大利亚海军的新舰艇采购计划，就选择日本海上自卫队最上级改进型驱逐舰；新西兰也对采购同款舰艇感兴趣。菲律宾和印尼则有意采购日本二手驱逐舰。消息人士称，日本的首批交易可能是向马尼拉出口二手军舰。

为应对北京的军力增强，东京和马尼拉深化了“第一岛链”安全合作。去年，两国签署协议，简化了双方军队在对方领土的行动。今年1月，双方又放宽了军事物资交换规则。

菲律宾国防部长特奥多罗对日本松绑武器出口表示欢迎，他在一份声明中说，这将使菲律宾能够获得最高质量的防卫物资，增强国防韧性，通过威慑作用促进地区稳定。

美国驻日本大使格拉斯在社媒X平台说：“（日本）这一历史性举措，不仅提升与美日同盟合作国家的防御能力，还将进一步增强美国维护地区和平、捍卫自由的集体能力。”

分析认为，日本军售伸展海外有助于扩大同盟为核心的防卫体系。当局有意通过向伙伴国提供军备，提升彼此的互操作性，为潜在的冲突建立合作网。

日本也要以军售拓展经济和技术能力。至今，只做自卫队生意的日本军工产业急需扩大市场，以降低军事技术的研发成本，维持竞争力。

中国对日本政府允许杀伤性武器出口严重关切

在北京，中国外交部发言人郭嘉昆在例行记者会上答问时表示，中方对此严重关切。中国将保持高度警惕，坚决抵制日本“新型军国主义”的妄动。

针对高市周二以首相名义向靖国神社供奉祭品，郭嘉昆表示，中方坚决反对、严厉谴责日方有关靖国神社的消极动向，已向日方提出严正交涉、强烈抗议。

韩国政府也对日本高层向供奉二战甲级战犯的靖国神社供奉祭品深表失望和遗憾。韩国外交部发言人表示，韩方敦促日方高层正视历史，以行动体现对侵略历史的谦卑忏悔和真诚反思。韩方再次强调，这是构建基于互信、面向未来的韩日关系的重要基础。

日相高市上台半年推翻武器出口限令 为实现军售大梦铺路

2026年4月21日 21:32 / 联合早报 符祝慧 东京特派员

上台半年，日本首相高市早苗着手修改军售条例，为日本军舰和导弹等具杀伤性武器出口开绿灯。这不但为日本国防工业拓展海外市场规模，更扩大“朋友圈”的武器出口，为应对区域危机发挥威慑力。

根据2014年制定的《防卫装备转让三原则》规定，日本出口的军事物资只限救援、运输、预警、监视和扫雷设备等五个领域。高市政府星期二（4月21日）通过内阁决议松绑这个限制，允许杀伤性武器出口，无需国会提前审批。

杀伤性武器主要是具备战斗力的护航舰艇和潜艇，根据新规，这些军备出口将由国家安全保障会议（NSC）审批，一旦获准，只需向国会报告。非武器如防弹背心等，则不受此限制。

文件阐明，出口只限与日本签署《国防装备和技术转让协议》的17个国家，如菲律宾和印度尼西亚。但也阐明可允许向正在交战中的盟国或志同道合国家提供武器的“特殊情况”。

日本内阁秘书长木原稔表示，日本将放宽实施数十年的武器出口管制规定，为向海外出售杀伤性武器铺路。图为日本陆上自卫队坦克2023年5月在御殿场东富士演习场进行实弹演习。 （法新社）

日本海上自卫队最上级隐形护卫舰三隈号停泊在神奈川县横须贺市的海上自卫队海军基地。（法新社）

日本长期以来遵守宪法的和平理念，历届政府对武器出口采取谨慎态度。这次高市政府为军售大开绿灯，被指与这个理念背道而驰。

高市在社媒辩解说，如今没有哪个国家能够独自维护自身和平与安全，在防卫装备与伙伴国相互支持不可少。为此，日本走和平国家道路的基本原则没变。

内阁秘书长木原稔在记者会上表示，政府将建立由相关部委和机构局长级官员组成的指挥中心来监督和推动军事装备出口。

《每日新闻》引述日本防卫官员的谈话，透露不少国家对日本军备感兴趣。例如，澳大利亚海军的新舰艇采购计划，就选择日本海上自卫队最上级改进型驱逐舰；新西兰也对采购同款舰艇感兴趣。菲律宾和印尼则有意采购日本二手驱逐舰。消息人士称，日本的首批交易可能是向马尼拉出口二手军舰。

为应对北京的军力增强，东京和马尼拉深化了“第一岛链”安全合作。去年，两国签署协议，简化了双方军队在对方领土的行动。今年1月，双方又放宽了军事物资交换规则。

菲律宾国防部长特奥多罗对日本松绑武器出口表示欢迎，他在一份声明中说，这将使菲律宾能够获得最高质量的防卫物资，增强国防韧性，通过威慑作用促进地区稳定。

美国驻日本大使格拉斯在社媒X平台说：“（日本）这一历史性举措，不仅提升与美日同盟合作国家的防御能力，还将进一步增强美国维护地区和平、捍卫自由的集体能力。”

分析认为，日本军售伸展海外有助于扩大同盟为核心的防卫体系。当局有意通过向伙伴国提供军备，提升彼此的互操作性，为潜在的冲突建立合作网。

日本也要以军售拓展经济和技术能力。至今，只做自卫队生意的日本军工产业急需扩大市场，以降低军事技术的研发成本，维持竞争力。

中国对日本政府允许杀伤性武器出口严重关切

在北京，中国外交部发言人郭嘉昆在例行记者会上答问时表示，中方对此严重关切。中国将保持高度警惕，坚决抵制日本“新型军国主义”的妄动。

针对高市周二以首相名义向靖国神社供奉祭品，郭嘉昆表示，中方坚决反对、严厉谴责日方有关靖国神社的消极动向，已向日方提出严正交涉、强烈抗议。

韩国政府也对日本高层向供奉二战甲级战犯的靖国神社供奉祭品深表失望和遗憾。韩国外交部发言人表示，韩方敦促日方高层正视历史，以行动体现对侵略历史的谦卑忏悔和真诚反思。韩方再次强调，这是构建基于互信、面向未来的韩日关系的重要基础。

Kevin Warsh testifies that the Federal Reserve will remain “strictly independent”

April 21, 2026 / 11:28 AM EDT / CBS News

By Aimee Picchi

Kevin Warsh, President Trump’s nominee to replace Jerome Powell as chair of the Federal Reserve, testified at his Senate confirmation hearing on Tuesday that the central bank will remain “strictly independent” in setting monetary policy.

Warsh’s opening statement comes after Mr. Trump has repeatedly criticized Powell for not cutting interest rates at a faster pace. At the same time, Powell has steadfastly maintained that the Fed’s interest rate and other policy decisions should be based on economic data, while resisting political pressure from elected officials.

“Monetary policy independence is essential,” Warsh told the Senate Banking Committee. “I am committed to ensuring that the conduct of monetary policy remains strictly independent.”

The issue of Fed independence has grown more pressing in recent weeks, as the Iran war has driven U.S. energy prices higher, pushing inflation to its fastest pace in almost two years.

Hawk to dove?

In recent months, Warsh has signaled support for cutting the Fed’s benchmark interest rate, suggesting that AI could help keep prices down by accelerating economic productivity — a “dovish” pivot from his former “hawkish” views on inflation during his tenure as a Federal Reserve board governor from 2006 to 2011.

“In today’s hearing, we will be curious to see whether Warsh i) sticks to his dovish bias, or ii) acknowledges the risks to price stability from the layering of supply shocks,” wrote Bank of America economists Aditya Bhave and Stephen Juneau in an April 21 research note.

Sen. Elizabeth Warren, a Democrat from Massachusetts, criticized Warsh’s recent stance on inflation and interest rates, saying that his views seem tailored to win Mr. Trump’s approval.

“The Senate should not be aiding and abetting Mr. Trump’s takeover of the Fed by installing his sock puppet,” Warren said.

In his opening statement, Warsh signaled he’s willing to listen to the White House on some matters.

“I am equally committed to working with the Administration and Congress on non-monetary matters that are part of the Fed’s remit,” he wrote.

Trump and interest rates

Warsh faced questioning about whether he might be pressured by the White House to lower interest rates. Sen. John Kennedy, a Republican from Louisiana, asked whether Mr. Trump has asked the nominee to commit to future cuts.

“The president never asked me to predetermine, fix or decide on any interest rate decision, nor would I ever do so,” Warsh responded. “I’ve heard his view on interest rates — it sounded very similar to every other president in economic history I’ve studied.”

“I will be an independent actor if confirmed as chair of the Federal Reserve,” he added.

Powell exit timing unclear

A majority of the 24-member Senate Banking panel must vote in favor of Warsh’s nomination to advance it to the full Senate for a vote, with approval in the chamber also requiring a simple majority.

While Warsh is widely expected to be confirmed to succeed Powell, whose term expires on May 15, one potential roadblock is Sen. Thom Tillis, a Republican from North Carolina, who previously said he wouldn’t approve the nomination until the Department of Justice concludes an investigation into Powell.

It’s unclear who will run the central bank if the Senate is unable to confirm Warsh by next month. Powell has said he plans to remain at the Fed in his role as a governor as long as the DOJ probe continues.

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