Last mentioned: Mar 25, 2026
Expected Ruling
The Supreme Court is expected to issue a final decision by the end of its current term.
SCOTUS Oral Arguments
The US Supreme Court hears arguments in the appeal of the lower court's ruling against metering.
Judge Blocks Subpoenas
A federal judge rules in favor of the Fed, blocking the DOJ's subpoenas and halting the immediate collection of evidence.
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 Files Motion
The Federal Reserve files a legal motion to block the subpoenas, citing executive privilege and institutional independence.
Subpoenas Issued
The DOJ issues formal subpoenas to Jerome Powell seeking internal documents and communications.
Subpoenas Issued
DOJ issues subpoenas to Jerome Powell for testimony and documents.
Subpoenas Issued
DOJ issues formal subpoenas for documents related to Fed policy decisions and potential conflicts of interest.
DOJ Probe Initiated
The Department of Justice begins an investigation into Federal Reserve leadership following public criticism from the White House.
DOJ Investigation
The Justice Department opens a probe into Federal Reserve leadership.
Investigation Opened
The US Justice Department opens a probe into the Federal Reserve chief's internal communications.
Escalating Rhetoric
President Trump increases public criticism of Fed interest rate policy.
Policy Revival
Donald Trump returns to the presidency and moves to revive and defend the metering policy.
Policy Rescinded
The Biden administration officially drops the 'metering' policy for asylum seekers.
The US Supreme Court signaled a likely victory for the Trump administration in a case concerning the 'metering' of asylum seekers at the US-Mexico border. The justices' questioning focused on the legal definition of 'arriving' in the US, potentially granting the government broad authority to delay processing claims when border facilities are over capacity.
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 halted the US Justice Department's attempt to subpoena records from the Federal Reserve chief, citing the critical importance of central bank independence. The ruling provides a significant legal shield for the Fed as it faces unprecedented scrutiny from the executive branch.