Federal Judge Blocks Department of Justice Subpoenas Targeting Federal Reserve Chair Jerome Powell

A federal judge has blocked Department of Justice subpoenas targeting Federal Reserve Chair Jerome Powell, citing them as politically motivated harassment.U.S. Attorney Jeanine Pirro vowed to appeal the decision, which prevents prosecutors from accessing records regarding Federal Reserve headquarters renovations.The legal dispute underscores mounting tensions between executive branch influence and the independence of central bank monetary policy in the USA.
Published:Friday
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