DoJ declines to reopen investigation into former Fed chair Jay Powell

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Kevin Warsh’s predecessor had been investigated over cost overruns related to central bank renovation projectThe 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 bui...

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.

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https://www.theguardian.com/business/2026/oct/02/doj-fed-chair-jerome-powell-investigation
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