{"id":331528,"date":"2026-04-24T20:43:38","date_gmt":"2026-04-24T20:43:38","guid":{"rendered":"https:\/\/usa.timesofnews.com\/breaking-news\/political\/pirro-could-reopen-fed-probe-at-any-time-democratic-senators-warn.html"},"modified":"2026-04-24T20:43:38","modified_gmt":"2026-04-24T20:43:38","slug":"pirro-could-reopen-fed-probe-at-any-time-democratic-senators-warn","status":"publish","type":"post","link":"https:\/\/usa.timesofnews.com\/breaking-news\/political\/pirro-could-reopen-fed-probe-at-any-time-democratic-senators-warn.html","title":{"rendered":"Pirro could reopen Fed probe at any time, Democratic senators warn"},"content":{"rendered":"

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\"thumbnail\"\"thumbnail\"WATCH LIVE<\/span><\/header>\n

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“I have directed my office to close our investigation as the IG undertakes this inquiry,” Pirro said. “Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.”<\/p>\n

Pirro’s office didn’t immediately respond to a request for comment.<\/p>\n

The Fed declined earlier Friday to comment on Pirro’s decision. Powell in January said he had received subpoenas from Pirro’s office. He denounced them as a pretext and said the Trump administration was displeased with him for not cutting interest rates faster and deeper than the Fed believed was justified. <\/p>\n

Prosecutors for Pirro’s office told a judge in March that they didn’t have specific evidence of wrongdoing. The judge proceeded to quash Pirro’s subpoenas. Appellate attorneys told CNBC that an appeal<\/a> would be difficult. <\/p>\n

The senators’ letter probes the potential political motivations<\/a> of the investigation. “From your perspective, what are the types of ‘facts’ that would warrant reopening the investigation?” Warren and Durbin ask. <\/p>\n

They ask Pirro if President Donald Trump<\/a> or other administration officials were informed about the decision to halt the investigation. They also ask for details on the request to the Fed’s inspector general.<\/p>\n

Scott Alvarez, a former general counsel for the Fed, said earlier Friday the institution was likely asking Pirro about similar issues.<\/p>\n

“What kind of facts would cause her to reopen the investigation when she initially started it without any facts?” he said. <\/p>\n

Warren said earlier Friday that she didn’t believe the Senate shouldn’t move ahead on the confirmation of Kevin Warsh<\/a>, Trump’s nominee to replace Powell. Warsh testified before the Senate Banking Committee on Tuesday. A Republican on the committee, Sen. Thom Tillis<\/a> of North Carolina, has pledged to block the nomination while the investigation continues. <\/p>\n

Tillis hasn’t commented on Pirro’s decision.<\/p>\n

Article source: https:\/\/www.cnbc.com\/2026\/04\/24\/fed-powell-pirro-elizabeth-warren-durbin.html<\/a>\r\n<\/p>","protected":false},"excerpt":{"rendered":"

WATCH LIVE “I have directed my office to close our investigation as the IG undertakes this inquiry,” Pirro said. “Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.” Pirro’s office didn’t immediately respond to a request for comment. The Fed declined earlier Friday to comment […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[84],"class_list":["post-331528","post","type-post","status-publish","format-standard","hentry","category-political","tag-political"],"_links":{"self":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/331528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/comments?post=331528"}],"version-history":[{"count":0,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/331528\/revisions"}],"wp:attachment":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/media?parent=331528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/categories?post=331528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/tags?post=331528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}