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Powell Wins the Battle Against Trump: a Judge Knocks Down the Citations of the Fed Building Overruns

Summary by OKDIARIO
Jerome Powell, president of the U.S. Federal Reserve, has won the first judicial battle against U.S. President Donald Trump. A federal judge, appointed by Democratic President Barack Obama, overturned the Trump-Powell administration's citations on Friday for the overruns of the reform of the Federal Reserve building in Washington's capital. The court ruling protects the independence of the central bank. Federal Judge James Boasberg has overturne…

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Jerome Powell, president of the U.S. Federal Reserve, has won the first judicial battle against U.S. President Donald Trump. A federal judge, appointed by Democratic President Barack Obama, overturned the Trump-Powell administration's citations on Friday for the overruns of the reform of the Federal Reserve building in Washington's capital. The court ruling protects the independence of the central bank. Federal Judge James Boasberg has overturne…

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OKDIARIO broke the news in on Friday, March 13, 2026.
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