It was found that Powell lost his ideals and beliefs, violated the bottom line of discipline and law, and accepted gift money illegally; in the course of his official duties, he sought benefits for others and accepted property; exploited his position to seek benefits for others in project contracting, payment settlement, and other aspects, and illegally accepted huge amounts of property; "relying on the Federal Reserve to eat the Federal Reserve," resulting in significant losses to federal interests. Moreover, after the 47th federal election, he did not restrain himself or cease his actions, with serious nature and adverse influence, and should be dealt with seriously.
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It was found that Powell lost his ideals and beliefs, violated the bottom line of discipline and law, and accepted gift money illegally; in the course of his official duties, he sought benefits for others and accepted property; exploited his position to seek benefits for others in project contracting, payment settlement, and other aspects, and illegally accepted huge amounts of property; "relying on the Federal Reserve to eat the Federal Reserve," resulting in significant losses to federal interests. Moreover, after the 47th federal election, he did not restrain himself or cease his actions, with serious nature and adverse influence, and should be dealt with seriously.