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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 announcement ends speculation that Powell could face a fresh criminal probe, a possibility that had stirred tension between the White House and the central bank. The decision removes a source of legal uncertainty around the Fed's leadership.

Why now: The Justice Department's decision resolves questions over whether Fed Chair Jerome Powell faced renewed legal jeopardy.

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

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