Overview
- U.S. District Judge James Boasberg nullified the Justice Department’s subpoenas in the probe of Jerome Powell, with the decision issued Wednesday and released Friday.
- The court said prosecutors had practically no evidence and found abundant indications the subpoenas were intended to harass and pressure Powell to yield to the president’s demands or step down.
- The investigation focused on the multimillion‑dollar renovation of the Federal Reserve’s Washington headquarters and whether Powell misled Congress about the project’s scope.
- Pirro, whose office sought the subpoenas, condemned the ruling as “scandalous” and said she will challenge it on appeal.
- The decision constrains immediate DOJ action and has stalled the confirmation of Trump’s nominee Kevin Warsh, which Senator Thom Tillis put on hold pending resolution of the case.