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US justice department won't reopen criminal probe of Fed chair Powell
Original: US justice department will not reopen criminal probe of Fed’s Jay Powell
The US justice department has decided not to reopen a criminal investigation into Federal Reserve chair Jay Powell, the Financial Times reports. The move removes a legal overhang from the central bank's leadership. The decision is drawing attention given ongoing political pressure on the Fed and scrutiny of its leadership.
Why now: Fresh reporting on the justice department's decision not to pursue a criminal case against the Fed chair amid heightened political tension over the central bank.
US Department of JusticeJay PowellFederal Reserve
Evidence
- US justice department will not reopen criminal probe of Fed’s Jay Powell · Financial Times
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