Investigation Into Federal Reserve Chair Powell May Resume Depending on Findings

US Attorney Jeanine Pirro has indicated that her office may reopen a criminal investigation into Federal Reserve Chair Jerome Powell, contingent upon the findings of an ongoing inspector general's probe into renovations at the Federal Reserve. This announcement follows her recent suspension of the investigation, which had been politically charged, especially with the Senate Banking Committee's approval of Powell's potential successor, Kevin Warsh. Pirro emphasized the importance of the inspector general's report, stating that her office would act accordingly based on its findings. Meanwhile, Senator Thom Tillis has voiced his support for Warsh and maintains that Powell has not committed any crimes during his tenure. Powell's term as chair is set to end on May 15, and he has stated he will remain until the investigation concludes.

Key Details: • The inspector general's investigation into Powell's renovations is ongoing. • Powell's term as Federal Reserve Chair ends on May 15. • Senator Tillis supports Warsh's nomination and believes no crimes were committed by Powell. • Pirro plans to appeal a judge's decision that quashed her subpoenas in the investigation.