Judge blocks DOJ subpoenas to Federal Reserve, calling motives pretextual
TL;DR
A US judge blocked the DOJ’s subpoenas to the Federal Reserve in the Powell investigation, ruling the subpoenas were primarily meant to pressure Powell to yield on rate cuts and lacked substantive evidence, effectively halting part of the probe and underscoring Fed independence.
Topics:top-newspolitics#donald-trump#federal-reserve#james-boasberg#jerome-powell#politics#us-department-of-justice
- US judge throws out justice department subpoenas to Federal Reserve, citing ‘thin’ evidence Financial Times
- DOJ to appeal judge's decision to block Fed subpoenas in Powell criminal probe CNBC
- Federal judge quashes Justice Department subpoenas of Fed Chair Jerome Powell CNN
- Court blocks probe of Fed Chair Jerome Powell, DOJ to appeal Politico
- Judge Quashes Justice Dept.’s Subpoenas Targeting Federal Reserve Chair The New York Times
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