Pirro's Prosecutors Denied Access to Federal Reserve Headquarters Amid Powell Investigation
Prosecutors from U.S. Attorney Jeanine Pirro’s office were denied entry to the Federal Reserve headquarters in Washington, D.C., after attempting an unannounced visit to inspect ongoing renovation sites. The visit, described as highly unorthodox by legal experts, occurred amidst a contentious criminal investigation into Fed Chair Jerome Powell regarding the $2.5 billion renovation project. Federal prosecutors Carlton Davis and Steven Vandervelden sought a tour but were redirected to the Fed’s legal team. This incident follows a recent ruling by Chief Judge James Boasberg, who quashed grand jury subpoenas issued to Powell, declaring them a pretextual attempt to pressure the Fed Chair into resigning or lowering interest rates. Robert Hur, the Fed’s outside counsel, criticized the surprise visit as an inappropriate effort to circumvent judicial findings. While Pirro defended the action as necessary oversight of significant budget overruns, the move has intensified allegations of political intimidation against the central bank. The investigation, initiated in November, has not resulted in charges, with courts previously noting a lack of evidence for criminal wrongdoing beyond displeasing the President.
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Pirro's Prosecutors Denied Access to Federal Reserve Headquarters Amid Powell Investigation
Prosecutors from U.S. Attorney Jeanine Pirro’s office were denied entry to the Federal Reserve headquarters in Washington, D.C., after attempting an unannounced visit to inspect ongoing renovation sites. The visit, described as highly unorthodox by legal experts, occurred amidst a contentious criminal investigation into Fed Chair Jerome Powell regarding the $2.5 billion renovation project. Federal prosecutors Carlton Davis and Steven Vandervelden sought a tour but were redirected to the Fed’s legal team. This incident follows a recent ruling by Chief Judge James Boasberg, who quashed grand jury subpoenas issued to Powell, declaring them a pretextual attempt to pressure the Fed Chair into resigning or lowering interest rates. Robert Hur, the Fed’s outside counsel, criticized the surprise visit as an inappropriate effort to circumvent judicial findings. While Pirro defended the action as necessary oversight of significant budget overruns, the move has intensified allegations of political intimidation against the central bank. The investigation, initiated in November, has not resulted in charges, with courts previously noting a lack of evidence for criminal wrongdoing beyond displeasing the President.
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