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DOJ drops criminal probe of Fed Chair Powell

The Justice Department is closing its investigation into cost overruns for renovations at the Federal Reserve under Chairman Jerome Powell.

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Friday, 24 April 2026 at 14:20 UTC
DOJ drops criminal probe of Fed Chair Powell
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Synthesis · 8 sources
The U.S. Department of Justice is closing its investigation into cost overruns related to renovations at the Federal Reserve under Chairman Jerome Powell. U.S. Attorney Jeanine Pirro announced the decision on Friday, April 24, 2026. The probe, which was a criminal investigation, has now been dropped without charges. The investigation had focused on the multi-billion-dollar renovation project overseen by the Fed.
Updates · 4
4d ago@disclosetv

NBC News is cited as the source reporting the official closure of the investigation.

4d ago@KobeissiLetter

Betting odds for Powell's departure have surged to 55%, and Kevin Warsh is now identified as the expected successor for Fed Chair.

4d ago@sentdefender

The message adds that the case was referred to the Fed's internal oversight body, a detail not present in the existing summary.

4d agoOur News, Today

U.S. Attorney Jeanine Pirro is identified as the official announcing the closure.

e/eineurope · topic · T-06147