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Justice Department declines to reopen investigation into Jay Powell
Original: DoJ declines to reopen investigation into former Fed chair Jay Powell
The US Department of Justice has declined to reopen an investigation into Jay Powell, the former chair of the Federal Reserve. The decision, reported by The Guardian, closes off any renewed legal scrutiny of the former central bank chief for now. The Justice Department gave no indication that further action against Powell is planned, and reactions so far have focused on what the move signals about federal law enforcement priorities.
Why now: The Justice Department's decision on a high-profile figure like the former Fed chair is newsworthy amid ongoing political scrutiny of the Fed.
Jay PowellDepartment of JusticeFederal Reserve
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