US EditionJudge blocks subpoenas in criminal probe of Fed Chair Jerome Powell
Judge Boasberg ruled DOJ subpoenas against Fed Chair Powell lacked evidence and were likely political pressure to influence interest rate decisions, blocking DOJ access for now.
- On Friday, Chief Judge James Boasberg in Washington quashed grand jury subpoenas targeting Chairman Jerome Powell, finding the investigation by Attorney Jeanine Pirro lacked factual basis.
- Boasberg concluded the subpoenas served as a pretext to pressure the Federal Reserve to lower interest rates, after President Trump and his deputies made at least 100 public attacks against the Chair.
- In his March 11 ruling unsealed on Friday, Chief Judge Boasberg wrote, "The Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President."
- Attorney Pirro opened the probe to examine whether Powell gave false testimony to Congress about a building renovation, which the Chair previously described as a campaign to undermine central bank independence.
- Trump repeatedly pressured the Federal Reserve on social media, calling Powell "TOO LATE" and "TOO POLITICAL" while demanding his ouster when interest rate cuts failed to materialize.
193 Articles
193 Articles
Idaho Capital Sun
Trump probe of Fed Chair Powell meant to harass, judge says while denying subpoenas
Federal Reserve Chair Jerome Powell speaks during a press conference on Dec. 10, 2025 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)WASHINGTON — A federal judge blocked the Trump administration’s subpoenas to probe the Federal Reserve and Chair Jerome Powell, pointing to “a mountain of evidence” that President Donald Trump is using the investigation to force lower interest rates, according to an order unsealed Friday. In a scathing…
Judge Boasberg BLOCKS DOJ Investigation into Fed Chair Jerome Powell
Rogue left-wing activist Judge James Boasberg is at it again. Today, he blocked U.S. Attorney Jeanine Pirro from investigating Federal Reserve Chair Jerome Powell. Specifically, he tossed out two grand jury subpoenas for records on the ballooning costs of Powell’s Federal Reserve renovations project. The DOJ plans to appeal the ridiculous ruling. Watch what U.S. Attorney Jeanine Pirro had to say in response here: BREAKING: US Attorney Jeanine P…
US: Judge quashes subpoenas in DoJ's Federal Reserve case
A federal judge called the government case "improper" and designed to force Federal Reserve Chair Jerome Powell to cut interest rates or resign. President Trump has railed against him since returning to the White House.
A federal judge in the United States has blocked the subpoenas against the chairman of the US central bank (Fed), Jerome Powell. According to the judge, "no evidence whatsoever" has been presented to suspect Powell of a crime. Powell was subpoenaed by the US Department of Justice earlier this year. The charges related to Powell's statement in the Senate regarding cost overruns in the renovation of Fed buildings. But according to him, something e…
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