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Judge Rejects Trump's Subpoenas Against Fed Chairman Powell

4/5/2026

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Story summary
  • U.S. District Judge James Boasberg rejected subpoenas from the Trump administration aimed at Federal Reserve Chairman Jerome Powell.
  • He said the government's arguments lacked merit and the subpoenas served an improper purpose to pressure Powell.
  • Boasberg stressed that subpoenas must not be abused and noted there was no evidence against Powell.
  • The ruling may prompt an appeal by the Trump administration amid criticism of its attempts to influence the Fed.