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DOJ not reopening criminal probe into Powell, Blanche says

The U.S. Justice Department is not reopening a criminal probe into former Federal Reserve Chair Jerome Powell for cost overruns ​related to the central bank's building renovation project, a DOJ spokesperson said on Friday. Attorney General Todd ⁠Blanche, in comments to Bloomberg News, which first reported the ‌development, said he has not ​ruled out…

Coverage (2)· Oct 2, 7:28 PM to Oct 2, 10:01 PM

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No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanagedWASHINGTON — The Federal Reserve’s internal watchdog said Wednesday that the agency has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors. The Fed’s inspector general said that a variety of missteps by its Board of Governors inflated the
Pittsburgh Tribune-Review4d agoCoverage (2)Whole story →