Blanche: DOJ Won't Reopen Investigation into Jerome Powell
Attorney General Todd Blanche said Friday that the Justice Department will not open its criminal investigation into former Federal Reserve Chairman Jerome Powell following the release of an internal watchdog report that found no evidence of criminal wrongdoing.
TL;DR
- The Justice Department will not reopen a criminal investigation into former Federal Reserve Chairman Jerome Powell.
- An internal watchdog report found no evidence of criminal wrongdoing by Powell.
- Attorney General Todd Blanche confirmed the decision.
- The investigation was related to the Fed's multibillion-dollar headquarters renovation.