A federal judge ruled that Justice Department subpoenas of the Federal Reserve and its chair, Jerome Powell, may not be enforced, according to court filings unsealed Friday. U.S. District Judge James ...
A judge wrote that "a mountain of evidence" suggested the subpoenas were used to pressure Powell "into voting for lower interest rates or resigning." ...
A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.
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