Is this going to be a duet act?\nUS media: Powell under investigation, focus on Federal Reserve building renovation project\n, according to informed officials, the U.S. District Attorney's Office for the District of Columbia has launched a criminal investigation into Federal Reserve Chair Powell, involving the renovation project of the Federal Reserve headquarters, and whether Powell made false statements to Congress about the project's scale. The investigation includes analysis of Powell's public statements and review of related expenditure records, and was approved last November. The office head, Jane Pirolli, a long-time ally of Trump, approved the investigation. It remains unclear whether Pirolli has convened a grand jury or issued subpoenas. However, according to one official, prosecutors from her office have contacted Powell's staff multiple times, requesting documents related to the renovation project. Trump has long criticized Powell for refusing to cut interest rates significantly as demanded, threatening to fire him, and also threatening to sue over the $2.5 billion Federal Reserve renovation project, citing Powell's alleged incompetence.\n\nUS media: Powell under investigation, focus on Federal Reserve building renovation project\nInformed officials revealed that the U.S. District Attorney's Office for the District of Columbia has initiated a criminal investigation into Federal Reserve Chair Powell, concerning the renovation project of the Federal Reserve headquarters, and whether Powell provided misleading information to Congress about the project's scale. The investigation involves analyzing Powell's public statements and reviewing relevant expenditure records, and was approved last November. The approval was granted by Jane Pirolli, the office's head and a long-time ally of Trump. It is still unclear whether Pirolli has convened a grand jury or issued subpoenas. However, according to one official, prosecutors from her office have contacted Powell's staff multiple times, requesting documents related to the renovation project. Trump has long criticized Powell for refusing to cut interest rates significantly as demanded, threatening to fire him, and also threatening to sue over the $2.5 billion Federal Reserve renovation project, citing Powell's alleged incompetence.