U.S. Attorney for the District of Columbia Jeanine Pirro will not reveal if she will restart the probe into Federal Reserve Chair Jerome Powell until after the Office of the Inspector General, an in-house watchdog, releases if it discovered any evidence of criminal wrongdoing.
“It depends on what he finds,” Pirro said during an interview on CNN’s “Face The Nation” with Jake Tapper.
Tapper replied, “What if he finds nothing?”
Pirro answered: “When I was a [district attorney], child protective services would come and say, ‘We found nothing.’ It's often that I could go in and say, ‘You found nothing, but I found a crime.’ So I want to see those statements. I want to see what's there. If there's something there, great. And if there isn't, I'll go home.”
In 2017, the Federal Reserve had approved a $1.9 billion plan to overhaul its headquarters, but the price tag ticked up to $2.5 billion.
The price increase was allegedly due to labor and material costs, extended construction timelines, and asbestos and soil contamination.
Boasberg ruled that prosecutors did not issue the subpoenas “for a proper purpose.”
“The Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President,” Boasberg said in the ruling.
At the time, Pirro noted that she would “not hesitate to restart a criminal investigation should the facts warrant doing so.”
President Donald Trump has repeatedly voiced his displeasure with Powell, who once again revealed that the Federal Reserve would leave interest rates unchanged on April 29.
Trump has urged the central bank to lower interest rates faster amid ongoing inflation.
“I’ve wanted to fire him. But I hate to be controversial, you know. I want to be uncontroversial. But he will be fired.”