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Attorney general declines to reopen probe 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 decision closes the door on renewed scrutiny of the ex-central bank chief, whose tenure at the Fed drew repeated criticism from the Trump administration over interest rate policy and the cost of Fed headquarters renovations. Financial markets watch closely for any sign of political pressure on the central bank.
Why now: Renewed attention to the Trump administration's feud with Powell and questions about political interference at the Federal Reserve
Jerome PowellUS Department of JusticeFederal ReservePam Bondi
Evidence
- Attorney general says he won't reopen investigation of former Fed Chair Jerome Powell · Yahoo Finance
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