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| Federal Reserve ‘ignored' US attorney's office inquiries into Powell's congressional testimony ‘on multiple occasions': Pirro |
| 2026-01-13 |
Pirro, the top federal prosecutor in Washington, DC, downplayed Powell’s shocking Sunday night suggestion that he was facing a criminal indictment after grand jury subpoenas were served to the Federal Reserve related to his June 2025 testimony to the Senate Banking Committee about the renovation project, which has been panned by President Trump. “The United States Attorney’s Office contacted the Federal Reserve on multiple occasions to discuss cost overruns and the chairman’s congressional testimony, but were ignored, necessitating the use of legal process — which is not a threat,” Pirro wrote on X. Related: Jerome Powell 01/12/2026 Powell Says Justice Department Served Fed With Subpoenas Jerome Powell 11/03/2025 US Treasury Department has announced a recession in several sectors of the economy Jerome Powell 10/30/2025 The US Federal Reserve has lowered its base rate to 3.75-4% per annum |
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