Trump Administration Live Updates: Justice Department Still Open to Investigating Fed Chair Powell

Jeanine Pirro, the U.S. attorney in Washington, signaled that she could still reopen the investigation of Federal Reserve chair Jerome H. Powell. The Justice Department initially dropped the case last month after a Republican senator threatened to hold up the confirmation of President Trump's pick to replace Mr. Powell.
Jeanine Pirro, the U.S. attorney in Washington, indicated on Sunday that federal prosecutors were still interested in investigating Jerome H. Powell, the Federal Reserve chair. The investigation focuses on a renovation of the Fed's headquarters amid President Trump's demands that the central bank lower interest rates. Ms. Pirro dropped the case last month after Republican senator Thom Tillis said he would hold up the confirmation of President Trump's nominee to replace Mr. Powell, Kevin M. Warsh, until prosecutors stopped their inquiry. Ms. Pirro vowed to appeal a federal judge's order from March that quashed grand jury subpoenas in the case. Mr. Tillis said the Justice Department should not reopen the case unless new evidence of wrongdoing is found. The inquiry was opened as part of Mr. Trump's pressure campaign against Mr. Powell, who resisted demands to slash interest rates.
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