May 1, 2026

Jeanine Pirro Ends Criminal Probe into Jerome Powell, Defers to Fed Inspector General

U.S. Attorney Jeanine Pirro has dropped her criminal investigation into Federal Reserve Chair Jerome Powell, deferring to the Fed Inspector General's review of renovation cost overruns.
Pirro stated that if the Inspector General finds no wrongdoing, she will end her inquiry, but she plans to continue litigating the court's ruling that blocked her subpoenas.
The termination of the probe has cleared the way for the Senate to confirm Kevin Warsh as Trump's nominee to replace Powell, with confirmation now appearing likely.