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Pirro

All articles tagged with #pirro

Powell Probe Sparks Debate Over Prosecutorial Overreach
politics4 hours ago

Powell Probe Sparks Debate Over Prosecutorial Overreach

Lawfare argues the DOJ’s grand jury subpoenas to Federal Reserve Chair Jerome Powell are a pretextual, politically motivated move to intimidate him, not a legitimate criminal inquiry. It outlines the renovation-cost backdrop of Powell’s June 2025 testimony, notes inspector general scrutiny, and contends there’s no credible predicate for charges like perjury or false statements, warning the episode signals prosecutorial overreach that could backfire on Trump allies.

Powell Probe Roils White House and Fed Leadership Outlook
politics6 days ago

Powell Probe Roils White House and Fed Leadership Outlook

White House officials blame U.S. Attorney Jeanine Pirro for blindsiding the administration with a criminal probe into Federal Reserve Chair Jerome Powell, triggering a damage-control push as markets react and lawmakers weigh Powell’s future and the timing of a replacement. Powell confirmed subpoenas and described the inquiry as an attempt by Trump to pressure him to lower rates, prompting scrutiny from Republican senators like Thom Tillis. Trump publicly downplayed knowledge of the probe while aides argued Pirro disrupted months of efforts to dampen attacks on Powell; the investigation began in November and escalated after December emails and a subpoena. The episode could complicate Trump’s plan to appoint a more pliant Fed chair and may affect Powell’s own tenure, with bipartisan support rallying around Powell in response to what some see as an overreach into the Fed’s independence.

Pirro Targets Powell in High-Stakes Fed Probe
politics7 days ago

Pirro Targets Powell in High-Stakes Fed Probe

Jeanine Pirro, the U.S. attorney for the District of Columbia, subpoenaed the Federal Reserve and shows no plans to back down from a probe into Fed Chair Jerome Powell, even as GOP lawmakers and President Trump voice skepticism. The inquiry centers on Powell’s congressional testimony about renovations to the Fed’s headquarters and cost overruns, and Pirro says her office had contacted the Fed repeatedly before pursuing legal avenues. The developments prompted a mixed market response and raised questions about Fed independence amid political pressure.