✉news BusinessBanking first seen 1 d ago, last 4 h ago, peak #6
Justice Department declines to reopen Jay Powell investigation
Original: DoJ declines to reopen investigation into former Fed chair Jay Powell
The US Department of Justice has declined to reopen an investigation into former Federal Reserve chair Jay Powell, according to The Guardian. The decision closes off a renewed legal push against the former central bank chief, who led the Fed through the pandemic-era stimulus programme and interest rate hikes. No further details about the original inquiry or the reasons for declining have been reported.
Why now: The DOJ decision is new news involving a high-profile former Fed chair, drawing attention from financial and political watchers.
US Department of JusticeJay PowellFederal Reserve
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