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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. No new details about the original probe or the reasons for the decision were immediately available. The move ends, for now, renewed scrutiny of the former central bank chief, whose tenure and policy decisions remain subjects of political and financial debate.

Why now: Renewed attention to potential legal scrutiny of a high-profile former Fed chair draws interest from financial and political observers

Jay PowellUS Department of JusticeFederal Reserve

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