DOJ to appeal judge's block of subpoenas to Fed in Jerome Powell criminal investigation
The Department of Justice's appeal likely will cause Federal Reserve Chair Jerome Powell to remain in his post beyond the end of his term.
DOJ to appeal judge's block of subpoenas to Fed in Jerome Powell criminal investigation
The Department of Justice's appeal likely will cause Federal Reserve Chair Jerome Powell to remain in his post beyond the end of his term. Grouped from 7 articles across 6 sources.
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Judge blocks subpoenas against Fed chair Powell, DOJ to appeal
The judge agreed that the probe was an improper attempt to intimidate the central bank into cutting interest rates.
Judge Rejects Subpoenas of Fed in Powell Case, DOJ to Appeal
A federal judge rejected Justice Department subpoenas seeking records from the Federal Reserve Board related to its headquarters renovations and Chair Jerome Powell's comments to Congress. The judge said the government had no evidence to justify the subpoenas and they reflected an "improper motive" of retaliating against Powell over policy differences. The US Attorney's Office for the District of Columbia said they would appeal the decision, which was welcomed by a Republican senator who called the investigation "a failed attack on Fed independence". Bloomberg's Elliot Stein joins to discuss. (Source: Bloomberg)
Judge blocks justice department from subpoenaing Fed chair Jerome Powell
Trump DoJ’s investigation was purportedly about the management of the central bank’s renovation A federal judge on Friday blocked the justice department from serving subpoenas to Federal Reserve chair Jerome Powell in an inquiry purported to be about the management of the central bank’s renovation. Powell disclosed the surprise investigation on 11 January, and described the move as a threat to Fed independence and part of the Trump administration’s attempts to pressure the Fed to cut rates. Continue reading...
Judge blocks subpoenas in Fed Chair Powell probe citing 'essentially zero evidence'
A federal judge blocked subpoenas issued by the Justice Department against Fed Chair Jerome Powell after determining the government "produced essentially zero evidence."
Judge Rejects Subpoenas of Fed Board in Powell Case
A federal judge rejected subpoenas of the Federal Reserve board, according to a court document. Mike McKee reports on "Bloomberg The Close." (Source: Bloomberg)
US judge throws out justice department subpoenas to Fed, citing ‘thin’ evidence
Court says Donald Trump’s DoJ was seeking to ‘pressure’ chair Jay Powell to cut interest rates
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