(Just The News)—Florida GOP Rep. Anna Paulina Luna on Thursday announced she will be referring Federal Reserve Chairman Jerome Powell to the Justice Department (DOJ) for an investigation into perjury allegations related to his testimony regarding a multi-billion-dollar renovation of the Fed’s headquarters.
Powell has been accused of lying to Congress about the project after he testified last month that there would be no “VIP dining room,” “new marble,” or “special elevators,” despite government planning documents indicating otherwise.
The project is expected to cost taxpayers approximately $2.5 billion.
Luna did not state when she would make the formal criminal referral, and the Justice Department is not required to take up the investigation. But it comes after members of Congress on both sides of the aisle blasted Powell over the testimony.
The Trump administration has also been highly critical of Powell, though President Donald Trump’s main criticism has centered on the chairman’s refusal to cut interest rates despite low inflation and strong jobs numbers.
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