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DOJ declines to reopen probe into Fed Chair Powell

Original: DOJ says it won't reopen probe into Fed's Powell

The US Department of Justice says it will not reopen an investigation into Federal Reserve Chair Jerome Powell. The decision closes the door on a fresh criminal probe of the central bank chief, a rare target for law-enforcement scrutiny given the Fed's political independence. The move draws attention amid ongoing tensions between the Trump administration and the Fed over interest-rate policy.

Why now: People are watching the Justice Department's handling of the Fed chief amid friction between the White House and the central bank over rates.

Department of JusticeJerome PowellFederal ReserveDonald Trump

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• DOJ says it won't reopen probe into Fed's Powell · Axios

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