The US Attorney for Washington DC, Jeanine Pirro, has just announced she’s closing her criminal investigation into Fed Chairman Jerome Powell and is instead asking the Inspector Generals office to look into the tremendous cost overruns:
This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions of dollars – that have been borne by taxpayers.
The IG has the authority to hold the Federal Reserve accountable to American taxpayers. I expect a comprehensive report in short order and am confident the outcome will assist in resolving, once and for all, the questions that led this office to issue subpoenas.
Accordingly, I have directed my office to close our investigation as the IG undertakes this inquiry. Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.
This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions of dollars – that have been borne by taxpayers.
The IG has the authority to hold the Federal Reserve accountable to American taxpayers. I…
— US Attorney Pirro (@USAttyPirro) April 24, 2026
This comes after RINO Senator Thom Tillis said he wouldn’t support Trump’s Fed Chairman nominee Kevin Warsh unless the DOJ closed their investigation into Powell. It looks like he got his way and now Warsh’s nomination can advance out of the Senate Banking Committee to a floor vote in the Senate.