Pirro drops DOJ criminal investigation of Powell, refers renovation scrutiny to Fed inspector general

U.S. Attorney for the District of Columbia Jeanine Pirro announces she is closing the Department of Justice's criminal investigation into Federal Reserve Chair Jerome Powell. Pirro says investigators found no evidence of a crime in Powell's congressional testimony about the Fed's $2.5 billion headquarters renovation. She refers further scrutiny of the renovation's cost overruns to the Fed's own inspector general. The probe's closure immediately unblocks Kevin Warsh's nomination to succeed Powell as Fed chair. (DOJ, Apr. 24, 2026)