Judge squashes Justice Department's subpoenas targeting Fed Chair Jerome Powell, citing 'zero evidence'

Jerome Powell will remain chair of the Federal Reserve until May 2026.

FOMC

• Federal Judge Boasberg dismissed subpoenas against the Federal Reserve, citing "zero evidence."
• In an unsealed ruling, the judge said the evidence suggests the probe was "pretextual."
• US Attorney Pirro plans to appeal the judge's decision, maintaining pressure on Jerome Powell's Fed

Score one for Jerome Powell.

US District Judge James Boasberg has tossed two subpoenas that the...