Judge Blocks DOJ Subpoenas, Probe of Federal Reserve
A federal judge has blocked Justice Department subpoenas issued to Federal Reserve Chair Jerome Powell and the Federal Reserve Board. The investigation, disclosed in January, centered on the management of the central bank’s headquarters renovation and Powell’s related congressional testimony. Judge James Boasberg quashed the subpoenas, citing a lack of evidence against Powell and suggesting the probe was improperly motivated. The judge indicated the investigation appeared to be driven by a desire for “vengeance” and aimed to pressure Powell to lower interest rates. The case has drawn criticism and raised concerns about political pressure on the US central bank, with some characterizing the inquiry as an attempt by the Trump administration to influence monetary policy. The judge’s decision represents a setback for the investigation.
US judge quashes subpoenas in Justice Department's probe of Fed chair Powell
Judge blocks DOJ's criminal probe of Federal Reserve, blasting it as political
Judge Quashes Justice Dept.’s Subpoenas Targeting Federal Reserve Chair
Judge blocks justice department from subpoenaing Fed chair Jerome Powell
Judge says 'no evidence' to justify Federal Reserve probe
Federal judge quashes DOJ investigation into Jerome Powell saying it was just for Trump’s retribution
Judge Rejects Subpoenas of Fed in Powell Case, DOJ to Appeal
Court blocks Justice Department subpoenas of Federal Reserve