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Why is the DOJ dropping its Jerome Powell probe?

Name: Why is the DOJ dropping its Jerome Powell probe?
Uploaded: 2026-04-24T18:06:00-0400
Duration: 2 min 13 s
Description: The Justice Department has dropped its criminal probe into Federal Reserve Chair Jerome Powell. The investigation was connected to the estimated $2.5 billion price tag for renovations on the Federal Reserve's headquarters in Washington, D.C. CBS News' Katrina Kaufman reports.

The Justice Department has dropped its criminal probe into Federal Reserve Chair Jerome Powell. The investigation was connected to the estimated $2.5 billion price tag for renovations on the Federal Reserve's headquarters in Washington, D.C. CBS News' Katrina Kaufman reports.