Federal Investigation Into Trump Nemesis Jerome Powell Closed, Jeanine Pirro Says
Jeanine Pirro, U.S. Attorney for the District of Columbia, announced Friday the investigation into Federal Reserve Chair Jerome Powell is closed.
In a post on X, Pirro said the Fed’s inspector general “has been asked to scrutinize the building costs overruns — in the billions of dollars — that have been borne by taxpayers.” While that’s happening, the investigation into Powell — which prosecutors have said is about potential fraud charges related to renovations of the Federal Reserve building, and statements during a testimony Powell gave to a congressional committee — is ending.
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“The IG has the authority to hold the Federal Reserve accountable to American taxpayers,” she said in her statement. “I expect a comprehensive report in short order and am confident the outcome will assist in resolving, once and for all, the questions that led this office to issue subpoenas.”
Pirro added she “will not hesitate to restart a criminal investigation should the facts warrant doing so.”