The Financial News

The Financial News

Powell Probe Isn’t Being Reopened, Blanche Says


The US Justice Department isn’t reopening a criminal investigation into former Federal Reserve Chairman Jerome Powell for cost overruns related to the central bank’s building renovation project. During an interview with Bloomberg’s Myles Miller, Attorney General Todd Blanche says the department didn’t rule out continuing to look into the project’s oversight and potentially take action if evidence of wrongdoing came to light.
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