Trump Suggests He’d Be Open to Alternative Probe of Fed’s Powell

April 24, 2026, 10:19 AM UTC

President Donald Trump said that he’d be open to alternative ways to investigate Federal Reserve Chair Jerome Powell, potentially offering an off-ramp to a current legal battle that is holding up the confirmation of the president’s new pick to lead the central bank, according to news outlet Semafor.

Trump, in response to a question about whether someone outside the Justice Department could investigate Powell and the cost of renovations at the central bank, said “[They] could. I mean, look, it’s pretty easy,” Semafor reported.

It’s not yet clear if shifting the current investigation from the DOJ to an alternative ...

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