Judge Blocks Fed Subpoenas, Sets High Bar for Future Probes
Oakland News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Federal Judge Blocks Justice Department Subpoenas for Fed Records
A top federal judge in Washington has blocked Justice Department subpoenas targeting the Federal Reserves Board of Governors. The ruling came after the judge found that prosecutors showed no evidence to justify a criminal investigation into Fed Chair Jerome Powell. The subpoenas aimed to gather records from the Fed board related to Powell, but the judge called the governments case paper thin. This decision shields the Fed from turning over sensitive documents for now and sets a high bar for future subpoenas in similar cases, potentially slowing down any broader Justice Department efforts. The story is still developing, so stay tuned for more updates.
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