U.S. District Judge James Boasberg ruled in court documents unsealed Friday that the Justice Department cannot subpoena Federal Reserve Chair Jerome Powell, stating it was using the subpoenas as a tactic to pressure Powell into lowering interest rates.
The Justice Department issued the grand jury subpoenas as part of a criminal investigation into Powell, which is led by U.S. Attorney Jeanine Pirro.
https://tennesseestar.com/justice/boasberg-blocks-justice-departments-subpoenas-of-jerome-powell/jtnews/2026/03/13/
