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DOJ not reopening criminal probe into Fed Chair Powell

Original: Blanche says DOJ is not reopening criminal probe into Fed’s Powell, Bloomberg News reports

Deputy Attorney General Todd Blanche says the Justice Department is not reopening a criminal investigation into Federal Reserve Chair Jerome Powell, according to Bloomberg News. The clarification drew attention amid ongoing political tension between the Trump administration and the Fed over interest rate policy, with Powell regularly criticized by the president.

Why now: The White House has repeatedly clashed with Powell over rate policy, so any suggestion of a criminal probe into the Fed chair draws immediate attention.

Todd BlancheJerome PowellJustice DepartmentFederal Reserve

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