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As Trump threatened to fire Powell, federal prosecutors showed up unannounced at the Federal Reserve building

As Trump threatened to fire Powell, federal prosecutors showed up unannounced at the Federal Reserve building

Summary

Federal prosecutors recently visited a construction site at the Federal Reserve headquarters without notice. They are investigating a $2.5 billion renovation project but have not found evidence of any crime so far.

Key Facts

  • Federal prosecutors visited the Federal Reserve construction site this week unexpectedly.
  • The construction is part of a $2.5 billion renovation project at the Fed headquarters.
  • Two prosecutors and an investigator came from U.S. Attorney Jeanine Pirro's office.
  • They were turned away by a building contractor and directed to speak with federal attorneys instead.
  • The people who shared this information did so anonymously because the investigation is ongoing.
  • Last month, a Pirro office deputy said during a private court hearing that no criminal evidence had been found.
  • This investigation is happening as President Donald Trump has made public threats about firing Federal Reserve Chair Jerome Powell.
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