Judge blocks subpoenas in criminal probe of Fed Chair Jerome Powell
CNBC Television·2026-03-13 19:51
And I'm just turning here now uh the pages to the conclusion of this opinion because it is a remarkable opinion and I want to get to some of the details of it, Scott. But the conclusion is from Judge Bowberg. A mountain of evidence suggests that the government served these subpoenas on the board to pressure its chair into voting for lower interest rates or resigning. On the other side of the scale, the government has produced essentially zero evidence to suspect Chair Powell of a crime.Indeed, its justifica ...