US Prosecutors Make Surprise Visit To Fed HQ Renovation Project
Federal prosecutors are investigating whether Jerome Powell misled Congress about the cost and scope of the Fed renovation.
3 min read
Search people, articles, bills, and more
Federal prosecutors are investigating whether Jerome Powell misled Congress about the cost and scope of the Fed renovation.
Federal prosecutors visited the Federal Reserve’s renovation site as they investigate whether Jerome Powell misled Congress about the project’s cost and scope. The visit came after a judge rejected subpoenas in the investigation and amid a dispute over Powell’s successor.
President who criticized the renovation and toured the site with Powell
Trump's version of this story ↗OMB director who reported the renovation was over budget
Trump’s nominee to replace Powell as Fed chair
Senator withholding support for advancing Warsh’s nomination
Outlets across the spectrum report on Senator Tillis's refusal to confirm Fed nominees until the DOJ probe into Jerome Powell is resolved. Left-leaning sources like RawStory emphasize Tillis's sharp rhetoric calling the investigation a "bogus" revenge crusade, while Fox News frames the situation as a deepening "tiff" between the Senator and President Trump that threatens the new chair's confirmation.
Donald TrumpLoading comments…
