"Judge James Boasberg quashed the subpoenas last month, stating that the probe was aimed at pressuring Powell into yielding to Trump or resigning."
"Boasberg stated, 'The Government's arguments do not come close to convincing the Court that a different outcome is warranted.'"
"'The Government's fundamental problem is that it has presented no evidence whatsoever of fraud,' Boasberg added in his opinion."
"'We will absolutely appeal the judiciary's interference with our access to the grand jury,' said a spokesperson for the U.S. attorney for the District of Columbia."
The U.S. District Court for Washington, D.C., upheld its decision to quash grand jury subpoenas directed at Powell, stating the investigation aimed to pressure him. Judge Boasberg emphasized that the government failed to provide evidence of fraud. U.S. attorney Jeanine Pirro criticized the ruling, claiming it undermined the investigation. Powell had previously disclosed receiving subpoenas related to the central bank's renovations. The ongoing investigation affects Warsh's confirmation, as Sen. Thom Tillis has vowed to block it until resolved.
Read at Axios
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