Pirro aides try to 'tour' the Fed's renovations as probe stalls
NBC News • • nation
Key Points:
- Prosecutors from Jeannine Pirro’s office made an unannounced attempt to inspect the Federal Reserve's headquarters renovation site, but were turned away, with the Fed's outside counsel citing a judge's ruling that found the investigation pretextual.
- The investigation into Fed Chairman Jerome Powell's testimony about the renovation project has faced setbacks, including a court ruling blocking subpoenas due to a lack of evidence suggesting criminal conduct.
- Pirro defended the investigation, citing significant cost overruns on the Fed's construction project, while critics say the probe is politically motivated and has complicated the Senate confirmation of Kevin Warsh, Trump's nominee to succeed Powell.
- Senator Thom Tillis has blocked Warsh's nomination pending the Justice Department's closure of the investigation, calling for an end to what he views as an unfounded probe, while Senate Banking Committee Chair Tim Scott expressed confidence the investigation will conclude soon.
