Judge rejects DOJ bid to unblock subpoenas targeting Fed's Jerome Powell in biting opinion
Share this @internewscast.com

A U.S. district judge has once again rejected the Trump administration’s attempt to challenge the legality of two subpoenas directed at the Federal Reserve. This decision comes after the judge had already blocked the subpoenas in a previous ruling last month.

In a sharply worded six-page opinion, U.S. District Judge James Boasberg emphasized that the administration failed to present any new evidence or pinpoint errors in his initial decision from March. He criticized the government’s submission as lacking substance.

Judge Boasberg, who serves as the chief judge of Washington’s federal trial court, described the government’s brief as insufficient, stating it fell far short of providing any reason to alter the outcome of the original ruling.

Previously, U.S. Attorney Jeanine Pirro had appealed the March decision, which halted two subpoenas that sought records from the Federal Reserve. These records were connected to a criminal investigation involving Fed Chair Jerome Powell and the costly renovation of the central bank’s headquarters.

In their motion for reconsideration, Pirro’s office contended that Boasberg’s ruling restricted their ability to pursue evidence of criminal activity by denying access to the requested subpoenas.

Following the judge’s latest decision, Pirro expressed her dissatisfaction, labeling the ruling as “outrageous” and accusing the “activist judge” of granting Powell unwarranted protection.

Boasberg wrote Friday that the government was ignoring the crux of his initial ruling, which was that the subpoena power cannot be used to investigate someone for an improper purpose.

He argued that the subpoenas were not part of a real criminal investigation, but a tool to target Powell after months of President Trump pressuring the chairman to lower interest rates.

“No matter whom the subpoenas were addressed to … it was clear whom they sought dirt on: Powell,” Boasberg wrote.

Pirro’s office promised Friday to press ahead.

“We will absolutely appeal the judiciary’s interference with our access to the grand jury,” a spokesperson told The Post.

An appeal has the potential to further delay confirmation of Kevin Warsh, Trump’s pick to succeed Powell.

Sen. Thom Tillis (R-NC), a voting member on the Senate Banking Committee, has vowed to block any Fed nominee until the government ends its investigation into Powell.

At the Fed’s meeting last month, Powell said he will stay on as “chairman pro tem” if a successor is not confirmed by May 15, adding that it’s “what the law calls for.”

He also said he plans to remain on the board until the investigation is “well and truly over” – though he has not yet made a decision on whether to remain after Warsh steps into the chairman seat.

Powell could serve as a governor through 2028.

Share this @internewscast.com
You May Also Like
Daughter of brutally killed 'Grandpa Vicha' announces run for San Francisco supervisor

Daughter of Tragically Slain ‘Grandpa Vicha’ Announces Candidacy for San Francisco Supervisor

Monthanus Ratanapakdee, whose father, known as “Grandpa Vicha,” was tragically killed in…
Trump warns Iran has two days to open Strait of Hormuz, or face ‘hell’

Trump Issues Ultimatum: Iran Has 48 Hours to Open Strait of Hormuz or Face Severe Consequences

On Saturday, President Trump issued a stern ultimatum to Iran, declaring that…
Ukraine used record 7K robot operations to fight off Russians in single month -- as frontline now resembles scene from 'Terminator'

Ukraine Deploys Record 7,000 Robotic Operations in a Month, Transforming Frontline into ‘Terminator’-Like Battlefield

Farewell, as the iconic phrase goes, “Hasta la vista, baby.” In a…
US service member missing after Iran shot down fighter jet has been rescued

US Service Member Rescued Following Fighter Jet Downed by Iran

President Donald Trump announced that the aviator, though injured, is expected to…
Pols demand Mamdani spare FDNY from budget cuts, invest in repairing dilapidated firehouses

Lawmakers Urge Mamdani to Protect FDNY Budget and Revitalize Aging Firehouses

A coalition of lawmakers from both sides of the aisle has called…
Iran's ceasefire push may be a 'cycle of deception,' analysts warn as shadowy figure gains power

Iran’s Ceasefire Initiative Under Scrutiny: Experts Warn of Potential Deception as Mysterious Leader Rises

On Wednesday, President Donald Trump hinted that Iran might be interested in…
Twice-rejected Oakland commissioner who wants to defund police gets promoted after improper vote

Controversial Oakland Commissioner Advocating Police Defunding Secures Promotion Amid Vote Discrepancy

An outspoken critic of law enforcement, serving on Oakland’s independent police oversight…
Hail Mary to save beloved Queens church rotting in a cemetery

Community Rallies to Restore Historic Queens Church Facing Decay

A neighborhood in Queens is hoping for a $6 million miracle to…
Daughter of top Iranian official ousted from Emery University after outcry has visa cancelled

Visa Revoked: The Controversial Expulsion of Iranian Official’s Daughter from Emory University

An Iranian regime insider’s daughter, who left Emory University amid significant controversy,…
Inside the secret California lives of niece, grandniece before ICE arrest

Unveiling the Hidden California Lives: Niece and Grandniece’s Journey Before Shocking ICE Arrest

In a recent dramatic turn of events, a Los Angeles renter found…
One of America's prettiest cities scrambles to reclaim storybook streets from homeless camps, drug dens

Charming U.S. City Battles to Restore Enchanting Streets Amid Rising Homeless Camps and Drug Dens

Savannah, Georgia, a city renowned for its charming landscapes adorned with Spanish…
Iran's regime executes two more of its people, as bloody reign of terror continues

Iran Executes Two Citizens Amid Ongoing Political Turmoil

The grip of fear continues to tighten in Iran. In a chilling…