
"This investigation continues," Jeanine Pirro, the U.S. attorney for the District of Columbia, declared last Wednesday, referring to the criminal probe of Federal Reserve Chairman Jerome Powell that she launched in November. "I am going forward. We are appealing the decision of Judge Boasberg."
Pirro was referring to a March 11 ruling in which James Boasberg, chief judge of the U.S. District Court for the District of Columbia, quashed two grand jury subpoenas seeking information about the over-budget renovation of the central bank's Washington, D.C., headquarters and Powell's allegedly dishonest testimony about that project during a Senate Banking Committee hearing on June 25. But on Friday, two days after saying she was determined to continue her probe of Powell, Pirro announced that she was dropping it.