The Justice Department was forced to use the “legal process” to obtain information related to Federal Reserve Chairman Jerome Powell’s congressional testimony about renovations at the central bank after he “ignored” requests from prosecutors, US Attorney Jeanine Pirro said Monday.
Pirro, the top federal prosecutor in Washington, DC, downplayed Powell’s shocking Sunday night suggestion that he was facing a criminal indictment after grand jury subpoenas were served to the Federal Reserve related to his June 2025 testimony to the Senate Banking Committee about the renovation project, which has been panned by President Trump.
“The United States Attorney’s Office contacted the Federal Reserve on multiple occasions to discuss cost overruns and the chairman’s congressional testimony, but were ignored, necessitating the use of legal process — which is not a threat,” Pirro wrote on X.
“The word ‘indictment’ has come out of Mr. Powell’s mouth, no one else’s,” the US attorney continued. “None of this would have happened if they had just responded to our outreach.”
Hellbound and Down 