"Notably, the probe was approved by Hume's former Fox News colleague Jeanine Pirro, who is now U.S. Attorney for the District of Columbia. On Sunday, The New York Times reported that Pirro's office opened a criminal investigation into Powell over the renovations to the Federal Reserve's headquarters in Washington, D.C., and whether Powell lied to Congress about them. Powell responded by releasing a video saying those are merely pretexts meant to obscure the real reason."
"I'm not sure this investigation will ever go anywhere, he said. I doubt very seriously that Jerome Powell lied to Congress in any intentional way. He may have been mistaken in something that he said, but I think he's an honorable man and has tried to serve the country honorably. That doesn't mean he's always been right about interest rates."
Jeanine Pirro, now U.S. Attorney for the District of Columbia, approved a criminal investigation into Federal Reserve Chair Jerome Powell over renovations to Fed headquarters and whether Powell lied to Congress about them. Powell released a video calling the probe a pretext to obscure the real reason, saying the threat of charges stems from the Fed setting interest rates based on public interest rather than presidential preference. President Trump repeatedly urged the Fed to lower rates. Tension escalated during a joint appearance where Trump and Powell clashed. Fox analyst Brit Hume dismissed the probe as retribution and defended Powell's honor.
Read at www.mediaite.com
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