The U.S. Department of Justice has opened a criminal investigation involving Federal Reserve Chair Jerome Powell, according to reports citing sources familiar with the matter. While details of the probe remain limited, the investigation is said to focus on potential legal violations linked to Powell’s conduct during his tenure at the central bank. Officials have not confirmed whether formal charges will be filed, and Powell has not been accused of wrongdoing at this stage. The development has drawn significant attention due to the Federal Reserve’s critical role in shaping U.S. monetary policy and maintaining economic stability. The Justice Department has declined to comment further, citing the sensitivity of ongoing investigations.
