US attorney general says DOJ not reopening criminal probe into Fed's Powell
Todd Blanche told Bloomberg the Justice Department is not reopening a criminal investigation into Federal Reserve Chair Jerome Powell.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
U.S. Attorney General Todd Blanche said the Justice Department is not reopening a criminal investigation into Federal Reserve Chair Jerome Powell, according to Anadolu Agency.
"We're not reopening a criminal investigation into him," Blanche told Bloomberg, the report said, addressing speculation about the department's stance toward Powell amid ongoing scrutiny of the Fed chair in some political circles.
Powell has periodically faced criticism from political figures over the Federal Reserve's monetary policy decisions, though Blanche's comments to Bloomberg appear aimed at clarifying that no renewed criminal inquiry is underway at the Justice Department.
Anadolu Agency's report did not specify what prior investigation, if any, Blanche's remarks were referencing, nor did it include further details on the context in which the comments were made during the Bloomberg interview.
The Federal Reserve has not been quoted in the report responding to Blanche's statement. Questions about the independence of the central bank and its leadership have remained a recurring topic in Washington amid broader debates over monetary policy direction.
Sources
- US attorney general says Justice Department not reopening criminal probe into Fed's Powell — Anadolu Agency (Turkey)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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