US Attorney Jeanine Pirro had declared her office will not drop its investigation into cost overruns at the Federal Reserve headquarters, even if it derails President Trump’s nomination of Kevin Warsh to replace Jerome Powell as the central bank’s chairman.
Sen. Thom Tillis (R-NC), a member of the Senate Banking Committee, has pledged he will block Warsh’s nomination unless the Department of Justice drops its attempts to investigate Powell and the Fed for alleged criminal actions related to the cost overruns. Without the support of Tillis, a vote on Warsh’s nomination would be split along party lines and would stall in committee.
“I am in the legal lane – there are others who were in the political lane,” she stated during a news conference on Wednesday. “I don’t intersect those two lanes.”
Pirro added that the “cost overruns on that building are well over a billion dollars,” and insisted her office would appeal the squashing of her attempts to issue subpoenas in the case.
Tillis offered a compromise solution where the investigation of the Fed’s cost overruns would be handled by the Senate Banking Committee instead of Pirro’s office. But that offer was not accepted.
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