✉news BusinessBanking first seen 2 d ago, last 2 d ago, peak #14
Justice Department will not reopen criminal probe into Fed Chair Powell
Original: DOJ will not reopen criminal probe into Fed’s Powell, spokesperson says
The US Department of Justice has decided not to reopen a criminal investigation into Federal Reserve Chair Jerome Powell, according to a department spokesperson. The announcement removes, for now, the threat of prosecution hanging over the central bank chief. The decision is drawing attention because of the unusual prospect of a criminal probe into a sitting Fed chair and its implications for the independence of the US central bank.
Why now: The DOJ's public confirmation that the Fed chair will not face criminal charges is unusual and raises questions about the central bank's political independence.
Department of JusticeJerome PowellFederal Reserve
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/821086