this post was submitted on 15 Mar 2026
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Federal Judge James Boasberg quashed two grand jury subpoenas on Friday afternoon that are part of the Justice Department’s criminal investigation into Federal Reserve Chairman Jerome Powell, finding ample evidence that the subpoenas were intended to harass or coerce Powell into lowering interest rates, with no evidence pointing toward wrongdoing.

“A mountain of evidence suggests that the dominant purpose is to harass Powell to pressure him to lower rates,” wrote Boasberg, a district court judge in Washington, DC, referencing many, many social media posts and statements urging Powell to lower interest rates and then demeaning him when he did not. “Against such extensive and persuasive evidence of improper motive, the Government counters with only a tenuous assertion of a legitimate purpose.” Even when invited to submit more evidence, Boasberg noted, prosecutors declined.

US attorney Jeanine Pirro immediately announced in a press conference that she would appeal the decision. Pirro, a longtime Trump toady, called Boasberg’s opinion a dangerous precedent. She insisted that the reasons for investigating Powell—that the Fed’s renovation project is far over-budget and that there may be discrepancies in testimony Powell gave about it to Congress last year—are legitimate grounds for an investigation. Now, she warned, judges would feel empowered to block DOJ’s grand jury investigations.

But Boasberg’s straight-talk opinion was a long time coming. The obvious result of a Justice Department co-opted by a corrupt president was always going to be a department that judges cannot trust. Boasberg’s decision rubs the shine off the Justice Department, exposing it for what it has become.

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[–] phoenixz@lemmy.ca 4 points 1 day ago (1 children)

Called out

So, did nothing, this isn't news. This is judge #7592 saying something along the like of WTF, only proceeding to do nothing about it

[–] AbidanYre@lemmy.world 4 points 21 hours ago

quashed two grand jury subpoenas

Sounds like more than nothing.