Fed declares war on Jeanine Pirro over criminal probe into Jerome Powell
Source: Raw Story · Bias: Far Left
Summary
The Federal Reserve is hitting back at the Trump administration as U.S. Attorney Jeanine Pirro wages a legal battle to force the central bank to hand over documents related to her criminal investigation into Chair Jerome Powell, according to a new report.Pirro's dubious probe centers around whether Powell lied to Congress about renovation cost overruns at the Fed's historic buildings. It comes amid a broader retributive campaign from Trump that targets perceived foes.Powell fired back last month with a rare public video statement, accusing Pirro of weaponizing the investigation as part of Trump's relentless pressure campaign to slash interest rates and strip the Fed of its independence. Now the Fed is fighting back in sealed courtroom proceedings, asking a judge to kill the subpoenas altogether, the Wall Street Journal reported Thursday."The fight is taking place out of public view because of secrecy rules that apply to criminal investigations pending before a grand jury," the report said.Pirro showed up at a White House event on Jan. 8, where Trump demanded his U.S. attorneys move faster on his retaliation cases. The next day, the Justice Department handed the Fed a pair of subpoenas, and it was ordered to respond by late January.The saga has thrown a wrench into Trump's plan to have Kevin Warsh replace Powell as Fed chair when his term ends in May. Senate Republicans need buy-in from Sen. Thom Tillis (R-NC), an outspoken critic of the president who has refused to budge on any Fed nomination until the investigation wraps up. Republicans lack the votes to confirm anyone without him.
Related Coverage
- Rare ‘Exeter’ copy of Declaration of Independence discovered in UK (Center — The Hill News)
- Rare copy of US Declaration of Independence found by volunteer in UK archives (Center — BBC News)
- America declared independence in 1776. Yorktown secured it in 1781 (Center Right — Washington Examiner)
- MAGA reporter declares: 'Uncool' State Fair debacle is the 'end of Trump' (Left — Alternet.org)
- Feds Announce Pipeline Steps, BC Advances Protected Areas (Far Left — The Tyee | BC's home for today's news, analysis and updates )
- What Does “Hither, Swarms of Officers” in the Declaration of Independence Mean? (Far Right — The Gateway Pundit)
- Louisiana court halts criminal indictment against state attorney general (Center Left — US news | The Guardian)
- Republican unveils Declaration of Independence bill ahead of America's 250th birthday (Right — Latest Political News on Fox News)
More Headlines From February 27, 2026
- Trump: Iran will be hit with 'a force never seen before' if they escalate (Center)
- Best Pet Insurance Companies of 2026 (Center)
- Despite its reluctance, tariff setting is the job of Congress — not Trump (Center Right)
- Not going away': Senate Republicans begin to turn on Trump (Left)
- Trump says he’s ‘not happy’ with Iran talks and ‘sometimes’ force is necessary (Center Right)








