Judge halts Powell probe; DOJ to appeal, stalling Fed leadership battle

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Source: Politico
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.

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