#powell-investigation

[ follow ]
US politics
fromFortune
5 days ago

Judge quashes Fed subpoenas, saying DOJ has 'produced essentially zero evidence' against Powell, who hints at future as board governor | Fortune

A federal judge quashed Justice Department subpoenas against the Federal Reserve, ruling the investigation into Chair Powell lacked evidence and served to pressure him into lowering interest rates per Trump's demands.
fromwww.mediaite.com
6 days ago

NEW: Judge Blocks Trump DOJ Subpoenas Against Jerome Powell Over Lack of Evidence

A mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting for lower interest rates or resigning. The judge added that the government provided essentially zero evidence to suspect Chair Powell of a crime. He accused the government of presenting thin and unsubstantiated allegations against Powell.
US politics
US politics
fromFortune
2 months ago

Why the DOJ's subpoena of Jerome Powell backfired so quickly, emboldening Republicans to stand up to Trump | Fortune

The Trump administration opened a criminal investigation into Fed Chair Jerome Powell, prompting bipartisan defense of Fed independence amid concerns over presidential overreach.
[ Load more ]