Judge Blocks US Investigation of Fed Chair Powell, DOJ to Appeal | US ECONOMY AND MARKET VIDEO NEWS

Judge Blocks US Investigation of Fed Chair Powell, DOJ to Appeal

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Judge Blocks US Investigation of Fed Chair Powell, DOJ to Appeal

A federal judge rejected Justice Department subpoenas seeking records from the Federal Reserve Board related to its headquarters renovations and Chair Jerome Powell's comments to Congress. The judge said the government had no evidence to justify the subpoenas and they reflected an "improper motive" of retaliating against Powell over policy differences. The US Attorney's Office for the District of Columbia said they would appeal the decision, which was welcomed by a Republican senator who called the investigation "a failed attack on Fed independence". Bloomberg's Elliot Stein joins to discuss. -------- Get more on the Bloomberg Businessweek Podcast On Apple: On Spotify: Anywhere: Follow us on X: Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: Android Auto: Visit our YouTube channels: Bloomberg Podcasts: Bloomberg Television: Bloomberg Originals: Quicktake:

2026/03/13 youtube

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