The Bad PlaceUS Top News and Analysis | Pirro says DOJ won't drop Fed probe, will appeal judge's order blocking Powell subpoenas
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U.S. Attorney Jeanine Pirro reaffirmed Wednesday that she will press ahead with her Justice Department investigation into the Federal Reserve, despite a federal judge’s April ruling that blocked grand‑jury subpoenas—citing “a mountain of evidence” that the subpoenas were meant to pressure the Fed’s board. The probe, which focuses on alleged cost overruns in the renovation of two historic Fed buildings in Washington, has heightened political tension, as President Donald Trump’s nominee to replace Chair Jerome Powell, Kevin Warsh, now faces opposition from Sen. Thom Tillis and others who say the investigation must be dropped before his confirmation can proceed. Pirro said the investigation will be appealed by the May‑4 deadline, while President Trump and other officials continue to question the nearly $2.5 billion renovation cost.
Read more: https://www.cnbc.com/2026/04/22/fed-powell-trump-warsh-pirro-appeal.html
#JeaninePirro #DonaldTrump #JeromePowell #DOJ #FederalReserve #JamesBoasberg #KevinWarsh #ThomTillis
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