Boasberg blocks subpoenas against Fed Chair Jerome Powell
Ask who never gets charged.
A federal judge blocked the Justice Department's efforts to issue a pair of grand jury subpoenas sent to the Federal Reserve Board after concluding they were merely a "pretext" to pressure Federal Reserve Chairman Jerome Powell into lowering interest rates or resigning.
In the ruling, U.S. District Judge James Boasberg said there "is abundant evidence that the subpoenas’ dominant (if not sole) purpose is to harass and pressure Powell either to yield to the President or to resign and make way for a Fed Chair who will."
"The Court must thus conclude that the asserted justifications for these subpoenas are mere pretexts," he added.
This is a breaking news story. Check back shortly for updates.
Ask who never gets charged.
A federal judge blocked the Justice Department's efforts to issue a pair of grand jury subpoenas sent to the Federal Reserve Board after concluding they were merely a "pretext" to pressure Federal Reserve Chairman Jerome Powell into lowering interest rates or resigning.
In the ruling, U.S. District Judge James Boasberg said there "is abundant evidence that the subpoenas’ dominant (if not sole) purpose is to harass and pressure Powell either to yield to the President or to resign and make way for a Fed Chair who will."
"The Court must thus conclude that the asserted justifications for these subpoenas are mere pretexts," he added.
This is a breaking news story. Check back shortly for updates.
Boasberg blocks subpoenas against Fed Chair Jerome Powell
Ask who never gets charged.
A federal judge blocked the Justice Department's efforts to issue a pair of grand jury subpoenas sent to the Federal Reserve Board after concluding they were merely a "pretext" to pressure Federal Reserve Chairman Jerome Powell into lowering interest rates or resigning.
In the ruling, U.S. District Judge James Boasberg said there "is abundant evidence that the subpoenas’ dominant (if not sole) purpose is to harass and pressure Powell either to yield to the President or to resign and make way for a Fed Chair who will."
"The Court must thus conclude that the asserted justifications for these subpoenas are mere pretexts," he added.
This is a breaking news story. Check back shortly for updates.
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