US Justice Department Will Not Reopen Criminal Probe of Fed's Jay Powell
UKPulse Money Desk
The US Justice Department will not reopen a criminal probe into Federal Reserve Chair Jay Powell, according to Attorney-General Todd Blanche.
- The US Justice Department will not reopen a criminal probe of Fed Chair Jay Powell.
- US Attorney-General Todd Blanche stated that not having 'any oversight' of the central bank's $2.5bn renovation project 'isn’t necessarily a crime'.
The US Justice Department has confirmed it will not reopen a criminal probe into Federal Reserve Chair Jay Powell. This decision was announced by US Attorney-General Todd Blanche.
Blanche stated that the lack of 'any oversight' regarding the central bank’s $2.5bn renovation project 'isn’t necessarily a crime'.