133 articles
A federal judge has quashed subpoenas in a criminal probe of Fed Chair Jerome Powell, ruling it was an "extortionate" attempt by the Trump administration to pressure him. The decision highlights concerns over presidential overreach and the independence of the Federal Reserve.
A federal judge has quashed subpoenas issued by the Trump-appointed U.S. Attorney's Office against Federal Reserve Chair Jerome Powell. The ruling found the subpoenas were issued for an "improper purpose" to pressure Powell, citing a lack of evidence of criminal wrongdoing.
A U.S. District Court judge has quashed subpoenas against Federal Reserve Chair Jerome Powell, ruling that a grand jury investigation into the Fed building renovation was based on an "improper purpose" and lacked credible evidence. The decision reinforces the independence of the central bank from political pressure.
A federal judge has blocked subpoenas against Federal Reserve Chair Jerome Powell, citing evidence that the Justice Department sought to pressure him on interest rates. The ruling highlights concerns over the independence of the Federal Reserve.
A federal judge has sharply criticized and quashed subpoenas issued by the Trump Justice Department to Federal Reserve Chair Jerome Powell. The judge ruled the investigation was "unfounded" and primarily aimed at "harass[ing] and pressure[ing]" Powell. The decision is seen as a major victory for the independence of the Federal Reserve.
A federal judge has blocked grand jury subpoenas in an investigation into Federal Reserve Chair Jerome Powell and a $1 billion cost overrun on renovations. Prosecutors are calling the decision an "outrageous" move that shields officials from accountability and vow to appeal.
A federal judge has blocked subpoenas against Fed Chair Jerome Powell, citing a lack of evidence and calling the investigation politically motivated. The U.S. Attorney for D.C. responded with a public outburst, which critics labeled a "meltdown."
A federal judge has blocked subpoenas against Federal Reserve Chair Jerome Powell, calling the investigation a "failed attack on Fed independence" with "zero evidence" of a crime. The ruling rebukes the Justice Department's tactics, which the judge suggested aimed to pressure Powell on interest rates.
The Pentagon's deployment of a Marine Expeditionary Unit to the Middle East signals rising geopolitical tensions, with significant implications for oil prices and stock markets. Concerns are mounting over munition stockpiles and potential recessionary pressures as global events unfold.
U.S. strikes in Iran have sent oil prices higher, sparking fears of a return to stagflation. With key economic indicators showing weakness and inflation concerns rising, the Federal Reserve faces a challenging balancing act.
