Story perspectives
Federal Reserve Probe Threatens Warsh's Confirmation Amid Cost Overruns
4/23/2026
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Story summary
- U.S. Attorney Jeanine Pirro's Federal Reserve investigation could jeopardize Kevin Warsh's confirmation.
- The probe targets cost overruns totaling a billion dollars tied to two Federal Reserve renovations.
- Federal Reserve Chair Jerome Powell says the Department of Justice targets him for resisting pressure from President Donald Trump.
- Senator Thom Tillis pledged to block Warsh's nomination until the investigation ends.
- Pirro plans to appeal a judge's subpoena ruling, saying, "I am going forward."
