Pirro Eyes Restart of Powell Probe After Fed Subpoenas Quashed
Pirro Eyes Restart of Powell Probe After Fed Subpoenas Quashed
Prosecutors may restart their Jerome Powell probe after a federal judge quashed subpoenas tied to Federal Reserve renovations.
In Washington, prosecutors led by U.S. Attorney Jeanine Pirro signaled they may restart their investigation into Jerome Powell after a federal judge quashed subpoenas connected to renovations at the Federal Reserve. The ruling paused material requests, but Pirro’s office said it would continue to litigate the issue as the case moves forward.
With a deadline looming, officials indicated they are reassessing legal options and could refile or narrow subpoenas to advance the probe. The move underscores the high-stakes legal scrutiny surrounding the Fed Chair and the broader questions about oversight and governance at the central bank.
While the quashal represented a setback, analysts note that prosecutors can pursue alternative legal avenues, including appeals or targeted requests, to keep pressure on the investigation. The case remains closely watched due to its potential implications for monetary policy leadership and the perception of federal oversight of the Fed.
As both sides posture for the next steps, observers say the coming weeks will reveal how aggressively prosecutors plan to pursue new or revised subpoenas and what disclosures, if any, Powell’s office and the Fed may be required to provide.
