DoJ will not reopen investigation into former Fed chair Jerome Powell
The Guardian · October 2, 2026Original source ↗
What happened
The US Department of Justice has decided not to reopen a criminal investigation into former Federal Reserve chair Jerome Powell regarding cost overruns associated with a central bank renovation project. Attorney General Todd Blanche commented that the department may still investigate the project’s oversight if new evidence arises.
Why it matters
This decision impacts the scrutiny of oversight and accountability in government projects.
How this story affects people
How does this story affect you if you are concerned about government accountability?
This decision may affect public trust in government oversight of large projects. Without further investigation, potential issues in project management and financial oversight may go unaddressed, leaving taxpayers without assurance that funds are being managed properly.
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