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The Department of Justice confirmed it will not reopen a criminal investigation into former Federal Reserve Chair Jerome Powell, following a Fed inspector general report that found no grounds for a criminal referral over the mismanaged renovation of the central bank's Washington headquarters. The decision closes out a politically charged episode in which Powell had faced scrutiny over cost overruns on the building project. The outcome removes a legal overhang that had fueled speculation about potential action against Powell amid broader political tensions between the White House and the Fed over interest-rate policy.