DOJ ends probe into Federal Reserve chair Powell

1 min read
Source: AP News
DOJ ends probe into Federal Reserve chair Powell
Photo: AP News
TL;DR Summary

The Justice Department has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, a rare reversal that comes as Powell weighs his future. Powell had said he wouldn’t leave the Fed before the probe ended, and the decision could allow him to remain on the Fed’s board beyond his chair term, potentially limiting Trump’s ability to reshape the central bank.

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