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DOJ will not reopen criminal probe into Fed's Powell
Original: DOJ will not reopen criminal probe into Fed's Powell, spokesperson says
The US Department of Justice will not reopen a criminal investigation into Federal Reserve Chair Jerome Powell, a department spokesperson said. The decision closes off, for now, the prospect of renewed legal scrutiny of the central bank chief. The brief announcement was quickly picked up by major US outlets, including Reuters and US News & World Report, given the political sensitivity surrounding the Fed's leadership.
Why now: Tension between the Trump administration and Fed Chair Jerome Powell has kept any legal threat against him closely watched.
Jerome PowellDepartment of JusticeFederal Reserve
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Evidence
- DOJ will not reopen criminal probe into Fed's Powell, spokesperson says · Reuters
- DOJ Will Not Reopen Criminal Probe Into Fed's Powell, Spokesperson Says · U.S. News & World Report
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