🚨 DOJ will not reopen criminal investigation against Jerome Powell
Body of the Post:
The U.S. Department of Justice (DOJ) confirmed that it will not reopen the criminal investigation against the former Federal Reserve chairman, Jerome Powell. The inquiry concerned the costs of the Fed headquarters renovation, assessed at US$ 2.4 billion.
📌 Key Points:
• The Fed’s inspector general found no evidence of administrative misconduct or grounds for criminal charges, pointing only to supervisory failures.
• Attorney General Todd Blanche emphasized that new investigations will only occur if an independent audit indicates serious criminal irregularities.
💡 Market Impact: The case resolution reduces regulatory and institutional uncertainties in the U.S., bringing stability to the macroeconomic outlook.

#Fed #Macroeconomia