Judge quashes subpoenas sent to Federal Reserve as part of DOJ's Powell probe

Source CBS Local
Original Load Date March 13, 2026, 3 p.m.
Last Updated March 13, 2026, 3 p.m.
Original URL https://www.cbsnews.com/chicago/news/federal-reserve-jerome-powell-subpoenas-justice-department-judge/

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_Washington —_ A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro's office, saying they were merely a pretext to pressure Chairman Jerome Powell into voting for lower interest rates or resigning. "T...