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politics 2d ago 3 sources

Federal judge dismissed Department of Justice subpoenas against Federal Reserve chair Jerome Powell

Judge James Boasberg dismissed DOJ subpoenas against Fed chair Jerome Powell, stating the government provided no evidence of criminal wrongdoing. The judge ruled the subpoenas appeared designed to pressure Powell on interest rates rather than investigate legitimate crimes. The DOJ announced plans to appeal the decision.

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confirmed
Judge James Boasberg dismissed DOJ subpoenas against Jerome Powell
court filing unsealed Friday
confirmed
Judge stated government provided no evidence Powell committed any crime other than displeasing the President
Judge Boasberg's written opinion
confirmed
DOJ plans to appeal the decision
U.S. attorney Jeanine Pirro at news conference
confirmed
Subpoenas were related to Fed's building renovation investigation
Fed disclosure in January and court documents