A top deputy to U.S. Attorney Jeanine Pirro admitted in a March 3 closed hearing that the Justice Department lacks evidence of wrongdoing in its criminal probe of Federal Reserve Chair Jerome H. Powell over $2.5 billion in office renovations. Subpoen

2026-03-25

A top deputy to U.S. Attorney Jeanine Pirro admitted in a March 3 closed hearing that the Justice Department lacks evidence of wrongdoing in its criminal probe of Federal Reserve Chair Jerome H. Powell over $2.5 billion in office renovations. Subpoenas central to the investigation were quashed by a federal judge, who noted “essentially zero evidence” of a crime. Trump had claimed “criminality” in the renovations. Powell attorneys stressed cost overruns are typical for federal projects. Prosecutors plan to appeal.