Senate duo push back as Pirro pauses Powell probe, warning the door remains open

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Source: CNBC
Senate duo push back as Pirro pauses Powell probe, warning the door remains open
Photo: CNBC
TL;DR Summary

Democratic Sens. Elizabeth Warren and Dick Durbin criticize U.S. Attorney Jeanine Pirro for pausing rather than closing the criminal probe into Fed Chair Jerome Powell, saying the investigation could be relaunched if warranted. Pirro says the Fed inspector general will investigate cost overruns on a Fed renovation and she could restart the case if facts justify it. Powell previously received subpoenas from Pirro’s office, which he called a pretext, and the Fed declined comment as Warsh’s nomination proceeds amid GOP opposition.

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