NEW: DOJ Says It Will NOT Reopen Criminal Investigation Into Jerome Powell
The Justice Department on Friday said it will not reopen its criminal investigation into former Fed Chair Jerome Powell. Federal investigators in January opened a criminal investigation into Fed Chairman Jerome Powell. Powell was under fire for the cost of renovating the Fed’s DC headquarters. The cost ballooned from $1.9 billion to $2.5 billion. Last July, Jerome Powell was criminally referred to the Justice Department