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US prosecutors close investigation into Jerome Powell’s Federal Reserve renovation spending, refer matter to internal oversight

US prosecutors close investigation into Jerome Powell’s Federal Reserve renovation spending, refer matter to internal

Jerome Powell will not face criminal charges over alleged excessive spending on Federal Reserve renovations, as US prosecutors have closed the investigation and referred the matter to internal Fed oversight. The decision by federal prosecutors removes a potential obstacle to appointing Powell’s successor, though the probe into renovation costs had been quietly pursued for months. … Weiterlesen …