Rep. Anna Paulina Luna, R-Fla., formally submitted a referral to Attorney General Pam Bondi requesting a Department of Justice investigation into Federal Reserve Chair Jerome Powell for potential perjury and making false statements to federal officials.
The letter to Bondi for criminal referral dated Saturday cites Powell's sworn testimony before the Senate Banking Committee on June 25, when he denied the inclusion of luxury features — such as a VIP dining room, premium marble, water features, and a roof terrace garden — in the $2.5 billion renovation of the Federal Reserve's Eccles Building. Official project documents submitted to the National Capital Planning Commission directly contradict his statements, Luna's release alleged.
The renovation budget for the building ballooned by $600 million.
Powell claimed the Eccles Building "never had" a serious renovation, despite a major overhaul between 1999 and 2003.
"These are not minor misstatements," Luna wrote in a statement. "Chairman Powell knowingly misled both Congress and executive branch officials about the true nature of a taxpayer-funded project.
"Lying under oath is a serious offense — especially from someone tasked with overseeing our monetary system and public trust."
Luna called on the Justice Department to probe whether Powell's statements meet the statutory thresholds for criminal prosecution.
"The American people deserve transparency — not deception — especially when billions of dollars and institutional integrity are at stake," Luna's statement concluded.
Referral Letter on Powell
Eric Mack ✉
Eric Mack has been a writer and editor at Newsmax since 2016. He is a 1998 Syracuse University journalism graduate and a New York Press Association award-winning writer.
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