BREAKING: Judge Boasberg Blasts President Trump, Throws Out Subpoenas Issued to Fed Chair Jerome Powell – DOJ Responds
On Friday, US District Judge James Boasberg, an Obama appointee, quashed the Justice Department’s subpoenas issued to Fed Chairman Jerome Powell.
Judge Boasberg said the subpoenas were improperly issued after Trump pressured Powell to lower interest rates.
The Justice Department will appeal Judge Boasberg’s decision.
Federal investigators in January opened a criminal investigation into Fed Chairman Jerome Powell.
Powell is under fire for the cost of renovating the Fed’s DC headquarters. The cost ballooned from $1.9 billion to $2.5 billion.
“Powell has asked the central bank’s inspector general to conduct an additional review of the ongoing renovation, CNN previously reported. Last month, some Senate lawmakers grilled Powell over what they depicted as lavish upgrades to its DC headquarters at Powell’s semiannual monetary policy hearing,’ CNN previously reported.
“The Fed’s renovation project was approved by its board in 2017 and originally cost $1.9 billion in 2019. Construction began in 2021, but the cost swelled to $2.5 billion because of “unforeseen conditions” requiring more spending to rectify, such as “more asbestos than anticipated, toxic contamination in soil, and a higher-than-expected water table,” according to the Fed’s website,” CNN reported.
Last July, Jerome Powell was criminally referred to the Justice Department for prosecution.
GOP Congresswoman Anna Paulina Luna sent a letter to the DOJ accusing Powell of perjury.
US Attorney for DC Jeanine Pirro blasted Judge Boasberg during remarks on Friday afternoon.
“This judge has put himself at the entrance door to the grand jury, slamming that door shut, irrespective of the legal process, and thus preventing the grand jury from doing the work that it does!” Pirro said on Friday.
WATCH:
BOMBSHELL: Jeanine Pirro is holding a press conference after Boasberg, the RADICAL ACTIVIST, blocked a subpoena into Jerome Powell, and IT’S ON!
“This is UNTETHERED from the law.”
Jerome and Boasberg are currently the “ANTITHESIS OF JUSTICE.”
“It is NOT how our criminal… pic.twitter.com/yUS4ViBdU9
— Gunther Eagleman™ (@GuntherEagleman) March 13, 2026
BREAKING… please check back for updates.
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