Why 🐵 UnitedStatesNews-NoOpEd picked: DoJ declines to reopen investigation into former Fed chair Jay Powell

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Source: theguardian.com

<p>Kevin Warsh’s predecessor had been investigated over cost overruns related to central bank renovation project</p><p>The US ⁠justice department is not reopening a criminal investigation into former Federal Reserve chair <a href="https://www.theguardian.com/business/jerome-powell" rel="nofollow noopener noreferrer ugc" target="_blank">Jerome Powell</a> ⁠for cost overruns ⁠related ​to the central bank’s building renovation project, a department spokesperson said on Friday.</p><p>Attorney general <a href="https://www.theguardian.com/us-news/todd-blanche" rel="nofollow noopener noreferrer ugc" target="_blank">Todd ⁠Blanche</a> – in comments to <a href="https://www.bloomberg.com/news/articles/2026-10-02/doj-not-reopening-criminal-probe-into-fed-s-powell-blanche-says" rel="nofollow noopener noreferrer ugc" target="_blank">Bloomberg News</a>, which first reported the development – said he has not ruled out ⁠continuing to look into the project’s oversight and potentially take ​action if evidence of ‌wrongdoing came to ‌light.</p> <a href="https://www.theguardian.com/business/2026/oct/02/doj-fed-chair-jerome-powell-investigation" rel="nofollow noopener noreferrer ugc" target="_blank">Continue reading...</a>

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