multi source·10h ago·9 sources analyzed
Justice Department ends criminal investigation into Jerome Powell
The Justice Department has concluded its criminal investigation into Federal Reserve Chair Jerome Powell regarding a renovation project. The decision was announced by U.S. Attorney Jeanine Pirro. (sources: cbsnews, nbcnews, bbc, businessinsider, cbc)
Image: cbsnews
ModernAction Briefing
The Justice Department has dropped its criminal probe into Jerome Powell, focusing on the central bank's renovation project. This decision marks the end of the investigation.
- The Justice Department announced the conclusion of its investigation into Powell.
- The probe was related to a renovation project at the Federal Reserve.
- U.S. Attorney Jeanine Pirro provided the announcement regarding the investigation's end.
Why it matters
The conclusion of this investigation may impact perceptions of the Federal Reserve's leadership and operations.
No specific legislation identified for action yet.