DOJ Says It Will Not Reopen Criminal Probe into Former Fed Chair Powell

BREAKING NEWS

CNBC

 

The Department of Justice will not reopen its criminal investigation into former Federal Reserve Chair Jerome Powell over the central bank’s overbudget multibillion-dollar headquarters renovation a department spokesperson told CNBC.

“We’re not reopening a criminal investigation into him,” Attorney General Todd Blanche told Bloomberg in an interview Friday.

Blanche did not rule out separate Justice Department action related to the renovation in his interview. He told the outlet the independent audit of the renovation could prompt an investigation if it uncovers evidence of criminal wrongdoing.

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