← Back to news
April 24, 2026
Democratic Senators Warn of Potential Reopening of Fed Probe
- Senators Elizabeth Warren and Dick Durbin alerted the DOJ that its investigation into Federal Reserve Chair Jerome Powell is only paused, not closed.
- U.S. Attorney Jeanine Pirro stated she could reopen the investigation if warranted, raising concerns about political motivations.
- The investigation initially lacked specific evidence of wrongdoing, leading to the quashing of subpoenas related to Powell.
- Senator Thom Tillis has pledged to block the nomination of Kevin Warsh to replace Powell until the investigation is resolved.
2 Sources
- Pirro could reopen Fed probe at any time, Democratic senators warnApr 24, 2026 at 8:15 PM · CNBC
- Leavitt says Powell probe 'not necessarily dropped,' 'just under a different authority'Apr 24, 2026 at 8:28 PM · The Hill