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Justice Department not reopening criminal probe into Fed's Powell
Original: Blanche says DOJ is not reopening criminal probe into Fed’s Powell, Bloomberg News reports
Deputy Attorney General Todd Blanche said the Justice Department is not reopening a criminal investigation into Federal Reserve Chair Jerome Powell, according to Bloomberg News. The statement follows earlier scrutiny of Powell by the Trump administration over the Fed's headquarters renovation and interest rate policy, and will be watched closely for what it means for the central bank's independence.
Why now: It addresses tensions between the Trump administration and Federal Reserve Chair Jerome Powell, a politically sensitive topic.
Todd BlancheJerome PowellUS Department of JusticeFederal Reserve
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- Blanche says DOJ is not reopening criminal probe into Fed’s Powell, Bloomberg News reports · The Mighty 790 KFGO
- Blanche says DOJ is not reopening criminal probe into Fed’s Powell, Bloomberg News reports · whbl.com
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