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Attorney general won't reopen investigation of Jerome Powell

Original: Attorney general says he won't reopen investigation of former Fed Chair Jerome Powell

The US attorney general says the Justice Department will not reopen an investigation into former Federal Reserve Chair Jerome Powell. The announcement closes off the prospect of renewed legal scrutiny of the former central bank chief, a figure who has repeatedly drawn criticism from the Trump administration over Fed policy. The decision ends recent speculation about further action against Powell.

Why now: Powell's clashes with the White House over Fed policy kept attention on any possible legal action against him.

Jerome PowellUS Department of JusticeFederal Reserve

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