DOJ Says It Will Not Reopen Criminal Probe Into Former Fed Chair Jerome Powell
DOJ Declines to Reopen Powell Investigation
Cointelegraph reported the development in a post on X, stating that the DOJ had decided against reopening the criminal probe involving Powell.
The decision concerns a previous criminal investigation into the former Fed chair. The source post did not provide additional details about the original allegations, the circumstances surrounding the earlier investigation or the specific basis for the Justice Department’s decision not to reopen the matter.
As a result, the available information does not establish any new criminal allegations against Powell or indicate that the DOJ plans to pursue further investigative action in the case.
Powell’s Status as Former Fed Chair
The development involves Powell in his capacity as the former chair of the Federal Reserve. The source did not provide further information about his current role or activities following his departure from the position.
The DOJ’s decision is specifically described as a refusal to reopen the criminal probe. It does not, based on the information provided by Cointelegraph, represent a new finding regarding the substance of the earlier investigation.
No additional details were provided in the X post about whether the decision followed a formal review, a request to reopen the case or another legal development.
Investigation Will Not Be Reopened
The Justice Department’s reported decision leaves the previously investigated matter without a reopening of the criminal probe, according to Cointelegraph.
The source did not identify any further proceedings, deadlines or next steps associated with the case. Additional information from the DOJ or other official sources would be required to establish the precise circumstances behind the decision and whether any related legal matters remain active.
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
Check out other news and articles on Google News
Disclaimer:
The articles on Hokanews are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
Hokanews isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.