U.S. Attorney for Washington, D.C. Jeanine Pirro is set to give an update on the criminal investigation of Federal Reserve Chair Jerome Powell on Friday.
Pirro’s planned statement comes as Sen. Thom Tillis, R-N.C., has vowed to continue a blockage of President Donald Trump’s nominee to replace Powell, Kevin Warsh, as chair. Tillis has said he will not lift that block until the investigation of Powell is resolved.
Powell has said he learned he was under investigation by Pirro’s office, ostensibly in connection with pricey renovations of the Federal Reserve headquarters, and his testimony to the Senate Banking Committee about that project.
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