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Trump administration’s Federal Reserve HQ probe escalates with unannounced site visit by prosecutors
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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
U.S. Attorney for Washington, D.C., Jeanine Pirro delivers remarks on an arrest connected to the 2012 U.S. Embassy attack in Benghazi, at the Department of Justice on Feb. 6, 2026 in Washington, D.C. Justice Department officials announced that the FBI has arrested Zubayr al-Bakoush, a suspect in 2012 attack on the U.S. Embassy in Benghazi, Libya. (Kevin Dietsch/Getty Images)
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 latter 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 TO LEAD THE FEDERAL RESERVE MEETS GOP SENATOR HOLDING UP HIS CONFIRMATION
U.S. Federal Reserve Chair Jerome Powell listens to a question during a press conference after the Monetary Policy Committee meeting, at the Federal Reserve in Washington, D.C. on March 19, 2025. (Roberto Schmidt/AFP/Getty Images)
Powell has been pressured by President Donald Trump to lower interest rates and to step down as Chairman of the Federal Reserve. His term as chair ends May, but the probe also threatens President Trump’s pick to replace him Kevin Warsh.
Outgoing Sen. Thom Tillis, R-N.C., has said he would withhold his vote to confirm Warsh if the Fed investigation is not dropped.
Sen. Tim Scott, R-S.C., head of the Senate Banking Committee, proposed that Pirro’s investigation would be completed in a few weeks during an interview with Fox News. However, when pressed on whether he knew for sure the investigation would end Scott indicated he did not have any evidence of that.
President Donald Trump defends the DOJ probe into Fed Chair Jerome Powell during an interview on «CBS Evening News.» (Evelyn Hockstein/Reuters; Jacquelyn Martin/AP)
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President Trump, meanwhile, thanked Pirro and others for having «courage» to perserver in the investigation.
«We have a moron at the Fed. Who wouldn’t be lowering interest rates right now?» Trump said last month. «I want to thank Jeanine Pirro and Pam and her group for having the courage to bring this suit. And I believe that the contractor on that job is probably one of the richest men in the country right now. I believe that it’s not possible to spend that kind of money — $3 billion, $4 billion — nobody knows, nobody has any idea what it is. But it’s over $3 billion and it’s probably going to be over $4 billion by the time they finish and it may never get finished, unless I take it over. I’ll get it finished. But it can never be what it was.»
attorney general, corruption crime, investigations, federal reserve, washington
INTERNACIONAL
El Gobierno de Guatemala lanza un plan estatal para buscar a 45.000 desaparecidos de la guerra civil
Guatemala lanzó un plan estatal para buscar a 45,000 desaparecidos de la guerra civil, una deuda abierta desde el conflicto armado interno que dejó al menos 200,000 muertos y desaparecidos entre 1960 y 1996. El presidente Bernardo Arévalo presentó el mecanismo como una vía para localizar a las víctimas con participación de autoridades, familias y organizaciones humanitarias, en un proceso que, según remarcó, no reemplaza las causas judiciales.
El programa tendrá una vigencia de 10 años y funcionará entre 2026 y 2036. El diseño incluyó 67 encuentros nacionales con la participación de 775 familiares y organizaciones de derechos humanos, y prevé además la creación de un Archivo Nacional de Memoria a partir de bases de datos dispersas que serán digitalizadas por el Poder Judicial.
Arévalo hizo el anuncio el viernes al presentar oficialmente el Mecanismo de Búsqueda Humanitaria de Personas Desaparecidas durante el Conflicto Armado Interno 2026-2036. “Iniciamos un camino para encontrar a quienes nos faltan, para sanar una herida abierta por la historia”, dijo el mandatario.
El presidente guatemalteco sostuvo además que el nuevo instrumento apunta a establecer el paradero de las víctimas mediante un trabajo coordinado. En ese marco, precisó que “no sustituye la aplicación de la justicia”.
La presentación del mecanismo reunió la promesa oficial de búsqueda con el reclamo histórico de los familiares de las víctimas. Pablo Estrada, presidente de la Asociación de Familiares de Detenidos y Desaparecidos de Guatemala, definió el anuncio como una “pequeña luz” después de décadas de búsqueda de personas cuyo “único delito fue pensar distinto”.
Estrada habló en el mismo acto en el que se oficializó el plan. Allí recordó que su organización promovió en las últimas décadas procesos de exhumación de 1.800 osamentas de “víctimas del terrorismo de Estado”, de las cuales el 30% fue identificado y entregado a sus familias.
Arévalo anunció el mecanismo; Estrada expuso el límite de los esfuerzos previos. El Gobierno promete articular instituciones y tecnología para localizar a los desaparecidos, mientras las familias piden que esa estructura permita ingresar a lugares donde hasta ahora no hubo acceso y donde sospechan que puede haber restos de víctimas.
El activista advirtió que la búsqueda “conlleva riesgos” y colocó un punto de tensión sobre la eficacia real del plan. Expresó su expectativa de que el nuevo mecanismo abra las puertas de recintos militares a los que se les negó el acceso pese a “denuncias sustentadas” de que allí “existen cementerios clandestinos”.
Ese señalamiento vincula la dimensión humanitaria del programa con una demanda concreta de acceso a información y lugares sensibles. La promesa oficial de que el mecanismo no reemplazará a la justicia convive así con un reclamo de larga data: que la búsqueda avance también sobre espacios bajo control militar.
La estrategia presentada por el Gobierno incluye el uso de inteligencia artificial para identificar patrones, recopilar macroprocesos y procesar documentación masiva del régimen militar. También prevé que el Poder Judicial digitalice y organice bases de datos dispersas para construir un Archivo Nacional de Memoria unificado.
El anuncio se produjo en el marco del aniversario del acuerdo de paz firmado con la Unidad Revolucionaria Nacional Guatemalteca. Según la presentación oficial, el plan se inscribe en la conmemoración del pacto cuya efeméride se cumplirá el 29 de diciembre.
INTERNACIONAL
Keir Starmer reportedly considering stepping down as PM and could announce timetable for departure
British PM Keir Starmer could face leadership challenge amid internal troubles
British Prime Minister Keir Starmer faces significant internal pressure following Andy Burnham’s special election win, potentially triggering a leadership contest. Starmer is under fire for economic pressures, illegal immigration issues, and controversies surrounding his previous role in prosecuting grooming gangs. Elon Musk also accused Starmer of complicity.
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British Prime Minister Keir Starmer is reportedly considering stepping down and could announce a timetable for his departure as early as Monday, according to a report published Saturday.
Britain’s Observer newspaper reported that Starmer was discussing his future with his wife at his Chequers country residence before making a final decision.
The outlet reported that senior Labour Party figures expect a statement addressing his future as early as next week.
A government source told Reuters that Starmer remains focused on governing and pointed to previous comments in which he vowed to remain in office.
AS EPSTEIN-LINKED APPOINTMENT SPARKS BACKLASH, UK PM STARMER FACES PARTY REVOLT AMID RESIGNATION CALLS
British Prime Minister Keir Starmer awaits Switzerland’s Federal President Guy Parmelin on the sidelines of the G7 summit, in Evian-les-Bains, France, Tuesday. (Isabel Infantes/Pool Reuters via AP)
Fox News Digital has reached out to the prime minister’s office for comment.
Pressure on Starmer has been building for months amid growing dissatisfaction within his party and concerns over the government’s handling of the economy and cost-of-living issues.
The political threat to Starmer intensified Friday after rival Andy Burnham won a seat in Parliament, positioning him to mount a formal leadership challenge.
LABOUR MP PUTS CABINET ‘ON NOTICE,’ THREATENS TO TRIGGER LEADERSHIP CHALLENGE AGAINST STARMER BY MONDAY
Britain’s Labour party candidate Andy Burnham speaks to supporters after the Makerfield by-election in Ashton in Makerfield, England, Friday. (Jon Super/AP)
Starmer congratulated Burnham following the victory, writing on X that voters, «chose Labour’s campaign of hope and optimism over division and hate.»
When asked about Burnham’s apparent ambitions to replace him, Starmer insisted he intends to remain in office.
«I’ve said repeatedly I’m not going to walk away from that,» Starmer said.
UK’S STARMER JUGGLES TROUBLE AT HOME AS HE WALKS GEOPOLITICAL TIGHTROPE WITH TRUMP
Sir Keir Starmer is battling to save his position and refusing to stand aside despite dozens of Labout MP’s demanding he resigns. (Leon Neal/Getty Images)
Starmer has led the Labour Party since 2020 and became prime minister in 2024.
Calls for his resignation intensified last month, with more than 100 Labour lawmakers publicly urging him to step aside or set out a timetable for his departure. Several parliamentary aides also resigned in protest.
The internal revolt followed a series of disappointing local election results for Labour, which lost hundreds of council seats across England, surrendered long-held ground in Wales and fell behind political rivals in Scotland.
UK Prime Minister Keir Starmer speaks a news conference at Downing Street in London, March 5. (Tolga Akmen/EPA/Bloomberg via Getty Images, File)
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Starmer’s popularity has also declined amid a persistently high cost of living, sluggish economic growth and criticism over his acceptance of gifts from wealthy donors.
Fox News Digital’s James Cirrone and Emma Bussey, and Reuters contributed to this report.
uk politics, elections, united kingdom, world
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