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Items tagged with: jeromepowell
“There is abundant evidence that the subpoenas’ dominant (if not sole) purpose is to harass & pressure Powell either to yield to the president or to resign & make way for a Fed Chair who will,” Judge #Boasberg wrote. “On the other side of the scale, the government has offered no evidence whatsoever that Powell committed any crime other than displeasing the president.”
#Trump #MafiaState #law #LegalEthics #JeromePowell #FederalReserve #economy #RevengePolitics #WeaponizationOfGovernment
In a blistering 27-page decision unsealed on Friday, the judge, James #Boasberg, derided the #USattorney’s office in Washington, led by the #Trump loyalist #JeaninePirro, for pursuing a case against #JeromePowell. It appeared that the only reason prosecutors had to do so, he added, was Trump’s desire to seek #vengeance against the #Fed chair. Powell has long resisted calls from the White House to adjust #InterestRates for political reasons.
Judge Blocks Subpoenas Targeting #Fed Chair
A federal judge blocked an attempt by the #DOJ to issue subpoenas to the #FederalReserve in its investigation of the chair, #JeromePowell. The judge wrote that there was “abundant evidence” the government’s action was designed to “harass & pressure” Powell into yielding to Trump’s wishes to lower #InterestRates or resign.
#MafiaState #law #LegalEthics #judiciary #economy #Trump #RevengePolitics #WeaponizationOfGovernment
nytimes.com/live/2026/03/13/us…