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Federal Reserve Chair Jerome Powell holds a DOJ document announcing the end of the investigation into renovation cost overruns, appearing relieved in front of Fed headquarters.
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Justice Department drops probe into Fed chair Jerome Powell

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The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell over cost overruns at the central bank's headquarters renovation. The move, announced by U.S. Attorney Jeanine Pirro on Friday, shifts scrutiny to the Fed's inspector general and clears a path for Senate confirmation of President Trump's nominee Kevin Warsh. The probe had been criticized as an effort to pressure Powell amid disputes over interest rates.

President Trump has pardoned at least 15 former elected officials and co-conspirators convicted of corruption offenses since returning to office. The moves coincide with deep cuts to the Justice Department's Public Integrity Section.

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Edgar Sanchez-Solis, 24, pleaded guilty on May 7, 2026, to one count of conspiracy to commit alien smuggling and five counts of alien smuggling for commercial advantage and private financial gain, according to the U.S. Department of Justice.

President Donald Trump's Justice Department faces a turbulent week marked by investigations into political foes and internal frustrations. Attorney General Pam Bondi is under scrutiny as Trump pushes for aggressive pursuits against his critics. Resignations and probes highlight deepening tensions within the administration.

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Federal prosecutors in the United States have charged a 59-year-old Venezuelan national with laundering about $1 billion through cryptocurrency wallets and shell companies. Jorge Figueira could receive up to 20 years in prison for what authorities describe as one of the largest such operations ever prosecuted by the Justice Department.

A federal judge in Virginia has dismissed the Justice Department’s criminal cases against former FBI Director James Comey and New York Attorney General Letitia James, ruling that the acting U.S. attorney who secured the indictments was unlawfully appointed. The dismissals were issued without prejudice, leaving open the possibility that prosecutors could try to bring new charges.

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The House on Tuesday passed the Epstein Files Transparency Act 427–1 and the Senate quickly cleared it by unanimous consent, setting up President Donald Trump — who reversed course over the weekend — to sign a measure ordering the Justice Department to release unclassified records related to Jeffrey Epstein within 30 days.

 

 

 

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