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U.S. Attorney for the District of Columbia Jeanine Pirro on Sunday appeared to abandon a plan to appeal an adverse ruling in her attempts to criminally investigate Federal Reserve Chair Jerome Powell. Pirro has long said she planned to ask a higher court to review recent rulings by Chief Judge James Boasberg of the District of Columbia quashing her subpoenas to the Fed. She has argued that the judge’s decision makes it difficult for her to conduct grand jury investigations in general. Her appeal was due by Monday. ...... Boasberg ruled against Pirro because her office presented no specific evidence...

WASHINGTON (AP) — Jerome Powell said Wednesday he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for a period of time, to be determined,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk. “I worry these attacks are battering this institution and putting at risk the things that really matter to the public,” Powell said in remarks at a press conference after the Fed announced its decision to keep its benchmark interest rate unchanged. Powell’s decision to stay —...

The Justice Department on Friday dropped its criminal investigation into Fed Chairman Jerome Powell. This clears the way for Trump’s Fed Chair nominee Kevin Warsh to be confirmed. Senator Thom Tillis vowed to block Trump’s Fed Chair confirmation until the Justice Department dropped its investigation into Powell. US Attorney Jeanine Pirro made the announcement on Friday morning: "This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions of dollars – that have been borne by taxpayers. The IG has the authority to hold the Federal Reserve accountable to...

The Justice Department on Friday dropped a criminal investigation into the Federal Reserve and its leader, Chair Jerome Powell, regarding a renovation project at the central bank's Washington headquarters. "This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions of dollars – that have been borne by taxpayers," said U.S. Attorney for D.C. Jeanine Pirro in a post on X. "Accordingly, I have directed my office to close our investigation as the IG undertakes this inquiry."

A US district judge on Friday denied the Trump administration’s request to reconsider the legality of two subpoenas targeting the Federal Reserve, after he blocked them last month. In a biting six-page opinion, US District Judge James Boasberg wrote that the government had failed to provide any new evidence or identify any error in his March ruling. The chief judge of Washington’s federal trial court wrote that the government’s “cursory brief” does “not come close to convincing the Court that a different outcome is warranted.” *** Last month, US Attorney Jeanine Pirro appealed the initial ruling, which blocked two subpoenas...

Jeanine was on fire during the press interview regarding DOJ wanting to summon grand jury to investigate $1 Billion cost overrun by the FED to renovate office building. Jeanine really schooled the reporters about this being a prosecutors discretionary activity as established by SCOTUS and nothing to do about politics.

A federal judge on Friday said he was blocking subpoenas that the Justice Department served to Federal Reserve Chair Jerome Powell in a probe purported to be about the management of the central bank's renovation. "A mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting for lower interest rates or resigning," Judge James Boasberg, the chief judge on the U.S. District Court for Washington, D.C., wrote in a court filing. Boasberg continued: "On the other side of the scale, the Government has produced essentially zero evidence to suspect Chair Powell...

Can Trump finally bring the gravy train to a screeching halt? During the Biden years, as inflation soared, Jerome Powell somehow said that inflation was transitory: Powell flirts again with a dangerous way to describe inflation: ‘Transitory’A fraught word resurfaced in the Federal Reserve’s lexicon again this week: ‘transitory.’ Yet somehow, he never blamed Biden’s energy policies (hundreds of billions in subsidies), open borders (hundreds of billions for various programs for illegals), or bureaucratic regulations, which all directly contributed to massive amounts spending, which in turn, created inflation when the Fed created the dollars needed for the bill. One of...

Lost in the hysterical media bleating about a new criminal investigation into Jerome Powell is any attempt to report fairly on his alleged transgressions. The singular lens through which the investigation is being reported in many openly and not-so-openly left leaning outlets is that it is Donald Trump’s revenge after Powell refused to do as instructed and lower interest rates. But the aperture needs to be widened to see the full picture: the case is about more than the Chair of the Federal Reserve not bending the knee. It is about Powell’s competency as the nation’s chief money man after...

Powell confirmed in an unusual direct video statement Sunday evening that federal prosecutors have opened a criminal investigation related to his Senate Banking Committee testimony on the renovation of Fed office buildings.

Federal Reserve Chair Jerome Powell said Sunday that the Justice Department subpoenaed the central bank Friday with the threat of a criminal indictment, the latest move in a yearlong pressure campaign from the Trump administration. Powell said the threatened indictment related to his testimony before the Senate in June about the renovation of Federal Reserve office buildings. "No one — certainly not the chair of the Federal Reserve — is above the law," Powell said. "But this unprecedented action should be seen in the broader context of the administration's threats and ongoing pressure."

Federal prosecutors have opened a criminal investigation of Federal Reserve Chairman Jerome Powell, The New York Times reported on Sunday evening, citing officials briefed on the matter. The probe is eyeing “the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project,” the Times reported, citing those officials. The investigation is being overseen by the U.S. Attorney’s Office for the District of Columbia, according to the newspaper. That office is led by U.S. Attorney Jeanine Pirro, a former New York state prosecutor and Fox News host, who was appointed to...

Why White House Correspondents’ Dinner shooter Cole Tomas Allen’s reported link to a group known as “The Wide Awakes” receiving such little scrutiny from the media? The name is associated with an arts-and-music-adjacent activist collective that describes itself as a creative, pro-democracy movement inspired by the original Civil War-era Wide Awakes. That’s what the media wants you to believe. But that cultural collective is not the only relevant use of the term: a mainstream progressive group’s own materials repeatedly reference “Wide Awakes” as a direct-action protest tactic. Including specifically targeting the tactic towards Hilton hotels, where the WHCD took place,...

Sens. Thom Tillis, R-N.C., Lisa Murkowski, R-Alaska, Susan Collins, R-Maine, and Mitch McConnell, R-Ky., all voted against a modified version of the Safeguarding American Voter Eligibility (SAVE) America Act early Thursday morning. Their defection came during the Senate’s marathon "vote-a-rama," where lawmakers could force votes on any number of amendments, regardless of whether they mesh with the underlying budget blueprint.

A bipartisan pair of US senators is set to unveil the “Block Putin” act this week targeting Hungarian officials with sanctions over Budapest’s veto of a key EU aid package for Kyiv and its continued purchases of Russian energy. In March, Budapest vetoed a previously agreed €90 billion ($104 billion) vital aid package for Kyiv, citing a long-running dispute with Ukraine over Russian oil transit. If passed, the US bill would impose financial sanctions and visa bans on Hungarian officials involved in Russian oil purchases, though it does not name pro-Kremlin Hungarian leader Viktor Orban, leaving it to the Trump...

Susan Collins (ME) Lisa Murkowski (AK) Rand Paul (KY) Mitch McConnell (KY) Thom Tillis (NC) Todd Young (IN) Chuck Grassley (IA) Jerry Moran (KS)

When asked whether Martin still served in the role, a Justice Department spokesman told NBC News that he continued on in a separate role, as pardon attorney. Trump loyalist Ed Martin is out as leader of the Justice Department’s “weaponization” effort that is investigating prosecutors who launched past probes into President Donald Trump and his allies, two people familiar with the discussions tell NBC News. When asked whether Martin still served in the role, a Justice Department spokesman told NBC News that Martin continued to serve in a separate role, as pardon attorney.“President Trump appointed Ed Martin as Pardon Attorney...

Sen. Thom Tillis (R-N.C.) compared Homeland Security Secretary Kristi Noem and White House deputy chief of staff Stephen Miller to fictional villains on Friday, calling them both a “sycophant” as tensions rise over the administration’s immigration enforcement efforts. “A sycophant is more than just a ‘yes-man,’” Tillis wrote in a lengthy post on social platform X. “It refers to someone who acts excessively servile toward someone important in order to gain an advantage.” He added, “They aren’t just being nice, they are using excessive flattery, often insincerely, to get what they want, whether that’s a promotion, social status or favor.”...

Sen. Thom Tillis said Friday that he will oppose President Donald Trump’s nomination of Kevin Warsh as Federal Reserve chair until the criminal probe of the current Chair Jerome Powell is “fully” resolved. “Protecting the independence of the Federal Reserve from political interference or legal intimidation is non-negotiable,” the North Carolina Republican said in a statement on X. Tillis, who is set to retire, vowed earlier this month to oppose any new nominee for the Fed until the Department of Justice’s controversial investigation of Powell is completed. Tillis is a member of the Senate Banking, Housing, and Urban Affairs Committee,...

Thom Tillis has always said that he hates the camera. Then he announced his retirement last year. Now, the moderate Republican from North Carolina cannot stop making headlines. In a fiery floor speech earlier this year, Tillis said he was leaving the Senate to remove himself from any “boundaries I should have in expressing my concern and creating complications for my campaign” and Senate Republicans maintaining the majority. His retirement, which he announced last June, allows him to “speak truth” to President Donald Trump about White House policies and advice from Trump’s staff, he said earlier this month. But, the...