Trump administration's Federal Reserve HQ probe escalates with unannounced site visit by prosecutors
Deputies from the United State's Attorney's Office for the District of Columbia (USADC) showed up earlier this week, unannounced, at the Federal Reserve's construction site in Washington, D.C., which is...
By Fox News · Fox News
Deputies from the United State's Attorney's Office for the District of Columbia (USADC) showed up earlier this week, unannounced, at the Federal Reserve's construction site in Washington, D.C., which is part of an investigation tied to congressional testimony from Chairman Jerome Powell. After speaking with construction workers, two prosecutors from the USADC were reportedly turned away and told they could not be permitted access because they had not gotten preauthorized clearance, the Wall Street Journal first reported. They were then reportedly given the contact information of the appropriate Fed staff to reach out to. The visit underscores U.S. Attorney for the District of Columbia Jeanine Pirro's view of the case the Trump administration launched in November against Powell. In January, the Trump administration's Department of Justice served the Federal Reserve with grand jury subpoenas amid an investigation into the Federal Reserve's multi-billion dollar D.C. headquarters renovation that began in November and is tied to whether Powell lied to Congress about the $2.5 billion renovation or failed to comply with the appropriate permitting rules. BOASBERG BLOCKS SUBPOENAS AGAINST FED CHAIR JEROME POWELL A Fed spokesperson did not immediately respond to Fox News Digital's inquiry and it declined to comment when contacted by the WSJ. "Any construction project that has cost overruns of almost 80% over the original construction budget deserves some serious review," Pirro said in a statement to Fox News Digital. "And these people are in charge of monetary policy in the United States?" An outside attorney for the Federal Reserve, Robert Hur, reportedly objected to the visit in a letter to Pirro's office. Hur, in his letter, pointed to U.S. District Judge James Boasberg's ruling last month that threw out the subpoenas in a 27-page ruling describing them as an effort to "harass and pressure Powell." Boasberg is an appointee of former President Barack Obama . TRUMP'S PICK T…