The U.S. attorney's ‌office in the District of Columbia has ‍opened a criminal investigation into ⁠Federal Reserve chair Jerome Powell over the central bank's renovation of its ‌Washington headquarters and whether Powell lied ‌to Congress ‍about the ⁠scope of the project, the New York Times reported on Sunday.

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Federal prosecutors open criminal investigation into Fed Chair Jerome Powell

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https://www.usnews.com/news/politics/articles/2026-01-11/us-federal-prosecutors-open-inquiry-into-us-fed-chair-powell-nyt-reports

>The U.S. attorney's ‌office in the District of Columbia has ‍opened a criminal investigation into ⁠Federal Reserve chair Jerome Powell over the central bank's renovation of its ‌Washington headquarters and whether Powell lied ‌to Congress ‍about the ⁠scope of the project, the New York Times reported on Sunday.