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Powell Probe Isn't Being Reopened, Blanche Says

Original: Watch Powell Probe Isn't Being Reopened, Blanche Says

Todd Blanche says an investigation involving Jerome Powell is not being reopened, pushing back on suggestions of fresh scrutiny of the Federal Reserve chair. The statement came amid ongoing political tension over Powell's leadership of the central bank and President Trump's repeated criticism of Fed policy. Markets and analysts are watching closely, since any renewed probe of the Fed chair would deepen the standoff between the White House and the central bank.

Why now: Ongoing friction between the Trump administration and Fed Chair Jerome Powell makes any sign of a renewed investigation newsworthy.

Todd BlancheJerome PowellFederal Reserve

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