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Federal Reserve Renovation Investigation Sparks Tensions with Prosecutors

4/15/2026

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Story summary
  • U.S. Attorney Jeanine Pirro's prosecutors attempted a visit to the Federal Reserve's renovation site on April 15, 2026, but were denied.
  • The episode shows tension between Pirro and Federal Reserve Chair Jerome Powell, who faces scrutiny from U.S. President Donald Trump.
  • The investigation began in November and centers on the renovation's cost overruns, now $2.5 billion.
  • Senate Banking Committee member Thom Tillis will not advance Kevin Warsh until investigation concludes.