Karoline Leavitt Gives Up Game on Trump’s Fed Chair Investigation

“The case is not necessarily dropped, it’s just being moved over to the inspector general who has critical tools at their disposal to continue to look into the financial mismanagement at the Fed,” Leavitt said while speaking to reporters. LOL -- Leavitt says the Powell investigation actually isn't overThe case is not necessarily dropped, it's just being moved over to the inspector general. This has been a priority for the president. The investigation still continues. pic.twitter.com/LW4jeKzY9p— Aaron Rupar (@atrupar) April 24, 2026As a member of the Banking, Housing, and Urban Affairs Committee, Tillis has repeatedly vowed to exercise his ability to single-handedly block Trump’s nominee to chair the Federal Reserve, Kevin Warsh, until the investigation into Powell is dropped. Committee Democrats are united in blocking Warsh, so Tillis’s single “no” vote can tip the scales.Tillis has said he believes Donald Trump wasn’t behind the investigation into Powell, even though the president has mocked and threatened to fire him repeatedly. Tillis suggested instead that it was the work of “somebody in the DOJ” who was hoping to “maybe garner favor from somebody in the White House,” according to NBC News. Leavitt didn’t even bother to pretend the president wasn’t behind the investigation. “This has obviously been a priority for the president,” she said. “So the investigation still continues, it’s just under a different authority.”