Jeanine Pirro's Office Closes Investigation Into Fed Chair Jerome Powell
The Daily Caller
Last updated: April 25, 2026
The Department of Justice has concluded its criminal investigation into Federal Reserve Chairman Jerome Powell concerning significant renovations to the central bank's buildings. The probe, which was initiated previously, will now be closed without any charges.
- The Department of Justice (DOJ) announced on Friday that it has dropped a criminal probe targeting Federal Reserve Chairman Jerome Powell. This investigation focused on the central bank's major building renovations.
- No specific details regarding the initial impetus for the probe or the scope of the renovations were publicly disclosed by the DOJ.
- The conclusion of this criminal investigation means there will be no further legal action taken against Chairman Powell in relation to these building projects.
- This development removes a potential legal challenge for Jerome Powell during his tenure as head of the Federal Reserve.
- The Federal Reserve, as an institution, has been undergoing various infrastructure upgrades and renovations.
- The DOJ's decision to drop the probe indicates that they found insufficient grounds to proceed with criminal charges.
- This announcement is a significant administrative and legal update concerning the leadership of the U.S. central bank.
