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DOJ declines to reopen criminal probe into Jerome Powell
Original: DOJ says it will not reopen criminal probe into former Fed Chair Powell
The US Department of Justice says it will not reopen a criminal investigation into Jerome Powell, the former Chair of the Federal Reserve. The decision closes the door on reviving the probe, and observers are watching what the move means for the central bank's independence and the Justice Department's handling of cases involving senior financial officials.
Why now: The Justice Department's decision about a former Fed chair touches on political tension between the White House, the Fed and law enforcement.
Jerome PowellDepartment of JusticeFederal Reserve
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