U.S. Attorney Jeanine Pirro Ends Investigation into Federal Reserve Building Project
Pirro closes investigation into Federal Reserve over building project
Fox Business
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Jeanine Pirro, U.S. Attorney for the District of Columbia, announced the closure of her office's investigation into the Federal Reserve's building project, which faced significant cost overruns. The Inspector General will now investigate these costs, with Pirro stating she may reopen the investigation if warranted.
- 01U.S. Attorney Jeanine Pirro has closed her office's investigation into the Federal Reserve's building project.
- 02The investigation was prompted by significant cost overruns affecting taxpayers.
- 03The Inspector General will now take over the inquiry into the building costs.
- 04Pirro indicated she could reopen the investigation if new evidence emerges.
- 05The announcement follows a tumultuous relationship between former President Trump and Federal Reserve Chairman Jerome Powell.
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Jeanine Pirro, the U.S. Attorney for the District of Columbia, announced the closure of her office's investigation into the Federal Reserve regarding a building project that has incurred cost overruns in the billions of dollars. She stated that the Inspector General for the Federal Reserve has been tasked with scrutinizing these overruns, emphasizing the need for accountability to American taxpayers. Pirro expressed confidence that the Inspector General's report would clarify the issues that prompted the investigation. She also noted that her office would be ready to reopen the investigation if necessary. The closure of this inquiry comes in the wake of tensions between former President Donald Trump and Federal Reserve Chairman Jerome Powell, particularly regarding interest rates and Powell's leadership.
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The investigation's closure and the subsequent oversight by the Inspector General may lead to greater accountability for taxpayer funds used in Federal Reserve projects.
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