Jerome

Why Judge James Boasberg blocked Jeanine Pirro’s action against Jerome Powell – Explained

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A federal judge, James Boasberg, on Friday halted a Justice Department effort to subpoena documents from the Federal Reserve, delivering a sharp rebuke to prosecutors investigating renovation costs at the central bank’s Washington headquarters. In a ruling dated March 11, the US District Judge quashed subpoenas issued to the Federal Reserve’s governing board, concluding they … Read more

Federal judge quashes Justice Department subpoenas of Fed Chair Jerome Powell

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A federal judge has quashed subpoenas the Justice Department had issued against Federal Reserve Chair Jerome Powell, according to court documents unsealed Friday. The ruling is a major blow to President Donald Trump, who has repeatedly criticized Powell for not lowering interest rates and urged the Justice Department to investigate the outgoing chair. US District … Read more