CNN
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DOJ drops criminal probe of Fed Chair Powell
Posted
April 24, 2026
Views
63,784
Likes
796
Comments
476
Engagement
1.99%
April 24, 2026
63,784
796
476
1.99%
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11:32Now PlayingThe Trump administration’s extraordinary criminal investigation of Federal Reserve Chair Jerome Powell is over, removing significant uncertainty that had been clouding the future of the world’s most important central bank.
Jeanine Pirro, the US Attorney for the District of Columbia, announced on X Friday she is closing the probe. In the investigation’s place, the Fed’s inspector general has agreed to scrutinize the significant cost overruns at the central bank’s ongoing multibillion-dollar renovation project at its Washington, DC, headquarters.
The end of the investigation clears the way for Kevin Warsh, President Donald Trump’s pick to succeed Powell, to get confirmed for the role.
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