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DOJ Probe Into Powell and Fed Building Costs Has Been Dropped
Skip to content BloombergConnecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For CustomersBloomberg Anywhere Remote LoginSoftware UpdatesManage Products and Account Information SupportAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000 CompanyAboutCareersInclusion at BloombergTech at BloombergPhilanthropySustainabilityBloomberg Beta CommunicationsPress AnnouncementsPress Contacts FollowFacebookInstagramLinkedInYouTube ProductsBloomberg Professional ServicesBloomberg TerminalDataTradingRiskComplianceIndices Industry ProductsBloomberg LawBloomberg TaxBloomberg GovernmentBloombergNEF MediaBloomberg MarketsBloomberg TechnologyBloomberg PursuitsBloomberg PoliticsBloomberg OpinionBloomberg BusinessweekBloomberg Live ConferencesBloomberg RadioBloomberg TelevisionNews Bureaus Media ServicesBloomberg Media DistributionAdvertising CompanyAboutCareersInclusion at BloombergTech at BloombergPhilanthropySustainabilityBloomberg Beta CommunicationsPress AnnouncementsPress Contacts FollowFacebookInstagramLinkedInYouTube ProductsBloomberg Professional ServicesBloomberg TerminalDataTradingRiskComplianceIndices Industry ProductsBloomberg LawBloomberg TaxBloomberg GovernmentBloombergNEF MediaBloomberg MarketsBloomberg TechnologyBloomberg PursuitsBloomberg PoliticsBloomberg OpinionBloomberg BusinessweekBloomberg Live ConferencesBloomberg RadioBloomberg TelevisionNews Bureaus Media ServicesBloomberg Media DistributionAdvertising BloombergConnecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For CustomersBloomberg Anywhere Remote LoginSoftware UpdatesManage Contracts and Orders SupportAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000 Chairman of the US Federal Reserve Jerome PowellPhotographer: Al Drago/BloombergApril 24, 2026 at 2:15 PM UTCUS Attorney General for DC Jeanine Pirro directs her office to close its investigation of Federal Reserve Chair Jerome Powell as the inspector general for the agency has been asked to scrutinize its building construction project costs, according to a postBloomberg Terminal on X.
Trump defends Powell probe; Trump criticizes Fed building costs
Trump on dropping the DOJ probe: "We have to find out" why the Fed spent so much money on the building renovation. Kernen tried (repeatedly) to give him a way to say he'd drop the probe to get Warsh in and Trump is talking about how maybe "Too Late" [Powell] is stealing money. — Nick Timiraos (@NickTimiraos)
Justice Dept. drops investigation into Federal Reserve and Jerome Powell
The Justice Department on Friday dropped an investigation into the Federal Reserve and its leader, Chair Jerome Powell, regarding a renovation project at the central bank's Washington headquarters.
DOJ investigation into Powell and Federal Reserve began late last ... - MSN
The investigation into the Fed, confirmed Sunday evening by Powell, is the latest instance where Trump's Justice Department has been accused of using the criminal justice system to punish or ...
