Insider: Prosecutor Pirol Unintentionally Stops Investigation of Fed Chair Powell
According to sources, U.S. District Attorney Jenny Pirol in Washington, D.C., issued a subpoena to the Federal Reserve without prior approval from higher-ups in the Department of Justice and has no intention of halting the investigation into Powell due to external pressure. The investigation has sparked strong opposition from members of Congress, and even President Trump has publicly stated his attempt to distance himself from the matter. However, Pirol, who was confirmed just five months ago and transitioned from a Fox News host to a federal prosecutor, still plans to continue the investigation. Current signs indicate that Pirol is facing significant resistance. Previously, U.S. media reported that Federal Housing Finance Agency Director Mark Pulte was a key figure pushing for the investigation into the Federal Reserve. However, Pulte stated on Monday that he was completely unaware of the subpoena. Pirol’s office and a representative for Attorney General Bondi declined to comment.
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Insider: Prosecutor Pirol Unintentionally Stops Investigation of Fed Chair Powell
According to sources, U.S. District Attorney Jenny Pirol in Washington, D.C., issued a subpoena to the Federal Reserve without prior approval from higher-ups in the Department of Justice and has no intention of halting the investigation into Powell due to external pressure. The investigation has sparked strong opposition from members of Congress, and even President Trump has publicly stated his attempt to distance himself from the matter.
However, Pirol, who was confirmed just five months ago and transitioned from a Fox News host to a federal prosecutor, still plans to continue the investigation. Current signs indicate that Pirol is facing significant resistance. Previously, U.S. media reported that Federal Housing Finance Agency Director Mark Pulte was a key figure pushing for the investigation into the Federal Reserve. However, Pulte stated on Monday that he was completely unaware of the subpoena. Pirol’s office and a representative for Attorney General Bondi declined to comment.