Pirro keeps pressure on Fed's Powell despite dropping probe
Prosecutor Pirro has dropped her criminal probe into Federal Reserve Chair Jerome Powell's involvement in renovation costs, citing an ongoing review by the Fed's inspector general, but she has left open the possibility of reopening it. She is appealing a court decision that blocked her subpoenas, arguing it undermines her investigative authority, while Powell and his legal team monitor the situation closely. Although Pirro claims there are suspicious cost overruns, no evidence of wrongdoing has been presented after six months of investigation.
- ▪Pirro dropped the criminal probe but may reopen it if new facts emerge.
- ▪She is appealing a court decision blocking her subpoenas, claiming it limits her investigative power.
- ▪No evidence of wrongdoing has been found in six months of investigating Fed renovation costs.
- ▪Powell received assurances that the investigation won't be restarted or expanded during the appeal.
- ▪The DOJ has not confirmed whether it will reopen the probe, even if findings fall short of criminal conduct.
Opening excerpt (first ~120 words) tap to expand
Pirro said on April 24 she would close the investigation while Fed Inspector General Michael Horowitz looked into the renovation costs. But she left herself plenty of room to reopen it. "I will not hesitate to restart a criminal investigation should the facts warrant doing so," Pirro said in an X post. Trump said shortly after that he thought the investigation was still going. "It's not dropped," Trump told reporters on April 25. The Justice Department by tradition operates independently of the president, but in Trump's second term it has pursued cases against his perceived political opponents. Former FBI Director James Comey was indicted this week for a second time after a judge in November dismissed a prior charge.
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