Last mentioned: Mar 15, 2026
Term Expiration
Jerome Powell's tenure as head of the Federal Reserve Board is set to expire.
Term Expiration
Jerome Powell's tenure as Chair of the Federal Reserve is set to expire.
Expected Appeal
Anticipated date for the case to move to the D.C. Circuit Court of Appeals.
Public Disclosure
The ruling is made public, signaling a major setback for the DOJ's investigation.
Court Ruling
Judge Boasberg quashes the subpoenas and criticizes the DOJ for a lack of evidence.
USAO Response
U.S. Attorney Jeanine Pirro files a formal response challenging the judge's authority to block the probe.
Judicial Ruling
Judge Boasberg quashes the subpoenas, labeling them pretextual and ordering them unsealed.
Appeal Announced
U.S. Attorney Jeanine Pirro holds a press conference to announce a swift appeal of the decision.
Subpoenas Quashed
Judge Boasberg issues a 27-page decision granting the motion to quash the subpoenas.
Appeal Announced
Jeanine Pirro holds a press conference calling the ruling unauthorized and vowing a swift appeal.
Judicial Ruling
Judge James Boasberg rules in favor of the Fed, blasting the DOJ's lack of evidence.
Judicial Block Issued
Judge James Boasberg halts grand jury testimony regarding the Federal Reserve.
Court Ruling
Judge Boasberg quashes the subpoenas, citing political pretext.
Court Ruling
Judge James Boasberg quashes the subpoenas, citing political pressure as the primary motivation for the probe.
Fed Motion to Quash
The Federal Reserve files a legal challenge to block the subpoenas, citing institutional independence.
Subpoenas Issued
DOJ issues subpoenas for Jerome Powell's testimony and records as part of a criminal probe.
Subpoenas Issued
The government serves two grand jury subpoenas on the Federal Reserve Board targeting Chair Powell.
Fed Motion to Quash
Federal Reserve legal counsel files a motion to block the subpoenas, citing executive privilege.
Subpoenas Issued
The DOJ issues formal subpoenas to Jerome Powell seeking internal documents and communications.
Subpoenas Issued
U.S. Attorney Jeanine Pirro's office issues two grand jury subpoenas to the Federal Reserve Board.
US District Judge James Boasberg quashed Department of Justice subpoenas targeting Federal Reserve Chair Jerome Powell, citing evidence that the probe was an attempt to exert political pressure on monetary policy. The ruling marks a significant legal setback for the Trump administration's efforts to influence central bank independence.
U.S. District Judge James Boasberg has quashed Justice Department subpoenas targeting Federal Reserve Chair Jerome Powell, citing evidence that the investigation was a pretext to influence monetary policy. The ruling represents a major legal victory for central bank independence amid escalating tensions between the White House and the Fed.
A federal judge has blocked Department of Justice subpoenas targeting Federal Reserve Chair Jerome Powell, citing a total lack of supporting evidence for the investigation. The ruling provides a significant legal shield for the central bank's leadership and reinforces institutional independence amid heightened regulatory scrutiny.
U.S. District Judge James Boasberg has quashed Department of Justice subpoenas targeting Federal Reserve Chair Jerome Powell, halting a grand jury investigation led by U.S. Attorney Jeanine Pirro. The ruling characterizes the criminal probe into alleged 'Federal Reserve fraud' as a politically motivated overreach that threatens the central bank's independence.
U.S. Attorney Jeanine Pirro has issued a formal response to Chief Judge James Boasberg's decision to block grand jury testimony regarding alleged fraud at the Federal Reserve. The legal standoff represents a significant constitutional confrontation over the oversight of the nation's central bank.
Global central banks are navigating a complex crisis as geopolitical tensions in the Middle East stall planned rate cuts. While the Federal Reserve secured a major legal victory against a DOJ probe, the ECB and Bank of England face persistent energy-driven inflation and a 'higher-for-longer' interest rate reality.
A U.S. federal judge has blocked Department of Justice subpoenas targeting the Federal Reserve and Chair Jerome Powell, citing a lack of evidence and labeling the investigation as politically motivated. The ruling serves as a significant legal shield for central bank independence amid escalating tensions between the executive branch and monetary regulators.
A federal judge has quashed Department of Justice subpoenas directed at Federal Reserve Chair Jerome Powell, labeling the criminal probe as politically motivated. The ruling reinforces the central bank's operational independence and sharply rebukes the DOJ for failing to provide evidence of wrongdoing.
A federal judge has halted a Department of Justice criminal investigation into the Federal Reserve, quashing subpoenas against Chair Jerome Powell and labeling the probe a politically motivated overreach. The ruling serves as a critical defense of central bank independence amid escalating tensions between the executive branch and the Fed.
A federal judge has quashed subpoenas issued by the Department of Justice targeting Federal Reserve Chair Jerome Powell, citing a lack of evidence and labeling the probe as politically motivated. The ruling reinforces the institutional independence of the central bank and sets a high bar for executive branch interference in monetary policy leadership.
A U.S. District Judge has quashed two subpoenas targeting Federal Reserve Chair Jerome Powell, ruling they were issued for the 'improper purpose' of harassing him into lowering interest rates. The decision marks a significant legal victory for central bank independence amid an escalating conflict between the Fed and the Trump administration.
U.S. District Judge James Boasberg has quashed two subpoenas directed at Federal Reserve Chair Jerome Powell, ruling they were issued for the "improper purpose" of political harassment. The court found that the government's investigation was a pretextual attempt to force Powell to lower interest rates or resign ahead of his term expiration in May.