US keeps Powell investigation closed

The U.S. Justice Department said it would not reopen a criminal investigation into former Federal Reserve Chair Jerome Powell over cost overruns at the central bank’s renovation project.

Der Standard

US government: No new investigations into former Fed chair Powell

There was no basis for criminal prosecution or evidence of administrative misconduct, said an internal auditor

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The Guardian

DoJ declines to reopen investigation into former Fed chair Jay Powell

Kevin Warsh’s predecessor had been investigated over cost overruns related to central bank renovation project The US ⁠justice department is not reopening a criminal investigation into former Federal Reserve chair Jerome Powell ⁠for cost overruns ⁠related to the central bank’s building renovation project, a department spokesperson said on Friday. Attorney general Todd ⁠Blanche - in comments to Bloomberg News , 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. Continue reading. . .