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Doj Subpoenas

All articles tagged with #doj subpoenas

Times uncovers security gaps in Trump's pricey 'bribe plane' upgrade
politics1 month ago

Times uncovers security gaps in Trump's pricey 'bribe plane' upgrade

The New York Times' reporting on Trump's refurbished jet—nicknamed the 'bribe plane'—shows it lacked crucial security and operational features (no lower-level exit, weaker backup power, no advanced antimissile system) and would have taken years to retrofit to the standard Air Force One; taxpayers spent hundreds of millions with little transparency. The administration's subpoenas of Times reporters and Google were withdrawn after a judge threatened to quash them, underscoring tensions between national security investigations and press freedom as coverage continues.

Judge Pushes Back on DOJ Subpoenas for NYT Reporters in National-Security Leak Probe
politics1 month ago

Judge Pushes Back on DOJ Subpoenas for NYT Reporters in National-Security Leak Probe

The Justice Department sought subpoenas for several New York Times reporters over coverage of a Qatar-donated Boeing 747 tied to Trump’s security concerns, but a Manhattan judge grilled the government on missteps in serving them, warned of sanctions, and suggested the subpoenas could be withdrawn or quashed as the national-security leak investigation continues.

Trump’s “bribe plane” faces rising costs and security questions
politics1 month ago

Trump’s “bribe plane” faces rising costs and security questions

The piece questions the escalating costs and security of the new Air Force One, dubbed the “bribe plane.” After being reportedly gifted by Qatar and retrofitted, the aircraft is said to need further “maxing out” upgrades, while White House officials claim it is safe and will receive more improvements. A maiden flight generated hype, but subsequent security concerns led to grounding the plane, fueling criticism of taxpayer spending. Separately, the article notes the DOJ’s subpoenas of The New York Times journalists’ phone records as an apparent attempt to chill press coverage of the controversy.

Powell Converts Subpoena into a Defense of Fed Independence
business7 months ago

Powell Converts Subpoena into a Defense of Fed Independence

After the DOJ subpoenaed Fed Chair Jerome Powell over his testimony on Fed building renovations, Powell quickly pushed back in a 285‑word statement and a video, arguing the probe is a pretext aimed at pressuring the Fed to lower rates; privately, he pressed key senators—most notably Sen. Thom Tillis—to rally GOP opposition to any Fed nominee until the matter is resolved, generating bipartisan support and complicating attempts to undermine Fed independence.

Kashkari Frames Political Pressure as a Monetary Policy Issue
business7 months ago

Kashkari Frames Political Pressure as a Monetary Policy Issue

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, defended Fed independence and Jerome Powell amid a Justice Department investigation and grand jury subpoenas, arguing that the Trump administration’s pressure on the Fed has been framed as a monetary-policy issue. He reiterated that policy decisions should be driven by the Fed’s mandate and said rates should be held steady this month.

DOJ subpoenas test Fed independence as gold and silver surge to record highs
markets7 months ago

DOJ subpoenas test Fed independence as gold and silver surge to record highs

Gold jumped about to $4,599 per ounce and silver to $84.60 per ounce, both records, after Fed Chair Powell warned that DOJ subpoenas attempting to probe his Senate testimony are political pressure on monetary policy. He argued the Fed must set rates based on evidence and conditions, not politics, sending the U.S. dollar lower by roughly 0.4% as investors sought safe havens.