Justice Dept. Prosecutor Says Inquiry Into Fed Chair Could Be Resurrected

[dalton99a]

https://www.nytimes.com/live/2026/05/03/us/trump-news-iran#section-903390308

The Justice Dept. could resurrect an investigation of Jerome Powell, the Fed chair, Jeanine Pirro said.

Jeanine Pirro, the U.S. attorney in Washington, signaled on Sunday that federal prosecutors were still interested in investigating Jerome H. Powell, the Federal Reserve chair who had faced a criminal inquiry regarding a renovation of the Fed’s headquarters amid President Trump’s demands that the central bank lower interest rates.

Ms. Pirro dropped the case last month after a Republican senator with a crucial vote to confirming Mr. Trump’s nominee to replace Mr. Powell, Kevin M. Warsh, said he would hold up that process until prosecutors stopped their inquiry into Mr. Powell. But on Sunday, Ms. Pirro indicated that she could again pursue the case if a continuing internal audit were to find any indication of malfeasance by Mr. Powell.

“We continue to litigate the issue,” Ms. Pirro said on CNN’s “State of the Union,” vowing again that she would also appeal a federal judge’s order from March that had quashed grand jury subpoenas in the case, a major roadblock for the prosecution.

...