Judge halts Powell probe; DOJ to appeal, stalling Fed leadership battle
TL;DR Summary
A federal judge blocked the Justice Department’s criminal probe into Fed Chair Jerome Powell’s Senate testimony about the Fed’s headquarters renovation, ruling the grand jury subpoenas were a pretext to pressure Powell. The DOJ plans to appeal, potentially delaying the confirmation of Kevin Warsh as Powell’s successor and fueling a broader fight over Fed leadership.
- Court blocks probe of Fed Chair Jerome Powell, DOJ to appeal Politico
- Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair - The New York Times The New York Times
- Federal judge quashes Justice Department subpoenas of Fed Chair Jerome Powell CNN
- DOJ to appeal judge's decision to block Fed subpoenas in Powell criminal probe CNBC
- Judge blocks DOJ's criminal probe of Federal Reserve, blasting it as political NPR
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