Judge blocks DOJ subpoenas targeting Fed Chair Powell
Judge blocks subpoenas in US Justice Department probe of Fed chief
Summary
A US federal judge has blocked Justice Department subpoenas targeting Federal Reserve Chair Jerome Powell, which were reportedly linked to political pressure over interest-rate decisions. The ruling shields Powell from a DOJ probe that critics viewed as an attempt to undermine the Fed's independence. The case has raised broader concerns about executive branch interference with the central bank.
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