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cnbc_topnews apr 22, 2026

Pirro says DOJ won't drop Fed probe, will appeal judge's order blocking Powell subpoenas

DOJ will appeal order blocking Powell subpoenas in Fed probe, with Powell accusing DOJ of targeting him over interest rates.

impact+0.53 sentiment-0.23 n=3
jeanine pirro said the doj will appeal a judge's order blocking her subpoenas and will not drop the criminal probe into federal reserve renovations. the investigation centers on alleged cost overruns at two historic fed buildings in washington. pirro stated the cost overruns are "well over a billion dollars" and defended the probe at a press conference. judge james boasberg blocked the subpoenas last month, citing a "mountain of evidence" they were meant to pressure the fed board. pirro must file an appeal by may 4. the probe is complicating kevin warsh's nomination to replace fed chair jerome powell, whose term ends may 15. senator thom tillis says he will block warsh's confirmation unless the doj drops the investigation. trump, who appointed powell, said the probe should continue and overstated the renovation cost at nearly $4 billion; the actual cost is roughly $2.5 billion.
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