Fmr. Fed General Counsel Discusses DOJ's Powell Probe

Scott Alvarez, former general counsel at the Federal Reserve Board and adjunct professor at the George Washington School of Law, joins Scarlet Fu on "Bloomberg Real Yield." The Justice Department is ending a controversial investigation into building-renovation cost overruns at the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump’s pick to be the next chair of the central bank. (Source: Bloomberg)