Jeanine Pirro defends Fed Chairman Jerome Powell felony investigation

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U.S. Legal professional for the District of Columbia Jeanine Pirro blasted Federal Reserve Chairman Jerome Powell on Tuesday, saying "nobody is above the legislation" amid criticism over a newly launched probe into the central financial institution.

"The chairman says, 'You are attacking the independence of the Federal Reserve.' That is not what we're doing. We're doing our job," Pirro stated throughout a "Hannity" look.

"I believe the unhappy half about that is that nobody is above the legislation, nor ought to anybody suppose that they've the fitting to be above the legal guidelines, and I am curious to those that declare, ‘This can be a horrible factor,' even in our personal social gathering, what do you recommend? Are there sure individuals that you simply can't examine? Are there sure folks that we glance the opposite means and throw complaints within the drawer? That is not the America that I grew up in."

Federal prosecutors opened a probe specializing in whether or not Powell was truthful throughout congressional testimony in regards to the challenge to overtake the Fed's two principal buildings on the Nationwide Mall. No fees have been filed, and Powell has denied any wrongdoing.

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Jeanine Pirro seems on as President Donald Trump speaks throughout a information convention to debate crime in Washington, D.C., within the Brady Press Briefing Room on the White Home in Washington, D.C., on Aug. 11, 2025. (left); Fed Chairman Jerome Powell throughout a information convention following a Federal Open Market Committee (FOMC) assembly in Washington, D.C., on Wednesday, Dec. 10, 2025. (proper) (Andrew Caballero-Reynolds/AFP by way of Getty Photographs; Al Drago/Bloomberg by way of Getty Photographs)

Pirro alleged there have been $1 billion in value overruns and raised considerations that Powell lied to Congress.

She stated Monday that her workplace proceeded with the probe after failing to receive a response from Powell after a number of contact makes an attempt, some extent she reiterated on-air.

"I am america lawyer for the District of Columbia and, with that job, comes a duty to analyze and prosecute violations of federal crime in D.C., together with D.C. Code crime," she stated.

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Building on the Marriner S. Eccles Federal Reserve Board Constructing in Washington, D.C., on Monday, July 14, 2025. (Al Drago/Bloomberg/Getty Photographs)

"My request, on this case with the Federal Reserve, was a authorized request, and the chairman of the Federal Reserve, Powell, selected to not give a authorized response. As a substitute, he selected to politicize and publicize. I didn't politicize or publicize any of this. I adopted the federal guidelines. I examine till I've proof and if and after I do, then I'm going ahead with a public assertion."

Powell addressed the investigation in a video assertion Sunday night, calling the move "unprecedented" and one other instance of what he described because the Trump administration's ongoing efforts to intimidate the central financial institution.

"This new risk is just not about my testimony final June or in regards to the renovation of the Federal Reserve buildings. It isn't about Congress' oversight role . The Fed, by testimony and different public disclosures, made each effort to maintain Congress knowledgeable in regards to the renovation challenge," he stated.

"The specter of felony fees is a consequence of the Federal Reserve setting rates of interest primarily based on our greatest evaluation of what's going to serve the general public, relatively than serving the preferences of the president."

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This comes as battle-tested Powell's time period is slated to finish in Could, with a Trump-friendly substitute believed to take his place.

The president has narrowed his shortlist to 4 candidates as he approaches a closing resolution on management on the Fed: Kevin Hassett, Kevin Warsh, Christopher Waller and Rick Rieder.