Pirro deputy admits feds couldn’t find criminal evidence against Powell

An assistant U.S. Attorney under D.C. U.S. Attorney Jeanine Pirro acknowledged in federal court on March 3 that the Justice Department has no criminal evidence against Federal Reserve Chair Jerome Powell, according to a sealed court transcript. The admission came during a proceeding before Judge James Boasberg and suggests the government's investigation into Powell has not produced grounds for prosecution. The disclosure is significant as it indicates any potential criminal case against the Fed chair lacks evidentiary foundation. The sealed nature of the transcript suggests the matter may involve an ongoing legal proceeding or investigation still under court protection. Powell has led the Federal Reserve since 2018 and faces heightened scrutiny from the Trump administration on monetary policy matters.