The White House said an investigation involving Federal Reserve Chair Jerome Powell remains ongoing and may not be dismissed, complicating earlier reports that the U.S. Justice Department had stopped pursuing or referred a matter tied to Federal Reserve building costs to the Fed’s inspector general. Earlier accounts described the issue as being dropped, halted by Washington, D.C. prosecutor Pirro, or transferred to the Federal Reserve’s internal watchdog for review of Fed spending. The discrepancy leaves the procedural status unclear. Separately, unconfirmed social media claims linked the development to prediction-market odds on Powell’s tenure and to Kevin Warsh as a potential next chair, while federal funds rate swaps reflected stronger expectations for rate cuts this year, underscoring the market sensitivity of Federal Reserve leadership developments.