CNBC: Pirro drops plans to appeal Fed Chair Powells criminal investigation
May 4, 2026 • Google News World
Here is a rewritten version of the news article in a neutral newsroom style:
Federal Reserve Chair Powell Under Investigation, Probe Status Uncertain
US Attorney General Pirro has appeared to drop plans to appeal a criminal investigation into Federal Reserve Chair Jerome Powell. The investigation was launched by the US Department of Justice.
According to reports, Trump’s former National Security Adviser John Bolton and former White House Chief of Staff Mark Meadows have been cooperating with investigators. However, it is unclear whether they will be granted immunity in exchange for their cooperation.
The probe into Powell has raised questions about potential wrongdoing at the Federal Reserve. The investigation was sparked by allegations that Powell had improperly influenced the central bank’s monetary policy decisions.
US Attorney General Pirro has stated that she will not reopen the probe unless the findings of the Office of the Inspector General (OIG) are favorable. The OIG is a government agency responsible for investigating and overseeing federal agencies, including the Federal Reserve.
The investigation into Powell is ongoing, and it remains unclear whether he will be charged with any wrongdoing.
Source: Google News World