Inquiry Into Fed Chair Jerome Powell Could Be Resurrected, Jeanine Pirro Says
The New York Times • • nation
Key Points:
- Jeanine Pirro, U.S. attorney in Washington, indicated on Sunday that federal prosecutors remain interested in investigating Federal Reserve Chair Jerome H. Powell over a renovation project at the Fed’s headquarters.
- Powell had been under criminal inquiry amid President Trump’s pressure on the central bank to lower interest rates.
- Pirro had dropped the case last month after a Republican senator threatened to block the confirmation of Trump’s nominee to replace Powell, Kevin M. Warsh, unless the investigation ceased.
- Pirro suggested the investigation could resume if an ongoing internal audit uncovers any evidence of wrongdoing by Powell.
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