Judge quashes grand jury subpoenas of Fed, Jerome Powell

https://thehill.com/business/5783413-judge-quashes-powell-subpoenas/amp/

A federal judge ruled that Justice Department subpoenas of the Federal Reserve and its chair, Jerome Powell, may not be enforced, according to court filings unsealed Friday.  

U.S. District Judge James Boasberg quashed two subpoenas served on the Fed’s board of governors that sought records about a $2.5 billion renovation project on which Powell testified before Congress.  

The judge, who has come under President Trump’s fire before, pointed to “abundant evidence” that the subpoenas were part of a pressure campaign against Powell.