Trump probe of Fed Chair Powell meant to harass, judge says while denying subpoenas

By: Ashley Murray

Outlets: DC Bureau (States Newsroom)

Published: March 13, 2026

Words: 659

Last Updated: 1 week ago

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WASHINGTON — A federal judge blocked the Trump administration's subpoenas to probe the Federal Reserve and Chair Jerome Powell, pointing to “a mountain of evidence” that President Donald Trump is using the investigation to force lower interest rates, according to an order unsealed Friday.

In a scathing 27-page order issued Wednesday, Chief Judge James Boasberg for the U.S. District Court for the District of Columbia wrote there is “abundant evidence that the subpoenas’ dominant (if …

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