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A federal judge threw out a pair of subpoenas the Justice Department issued to the Federal Reserve, dealing a heavy blow to the department's criminal investigation into Chair Jerome Powell

By WSJ March 13, 2026 Bearish
A federal judge threw out a pair of subpoenas the Justice Department issued to the Federal Reserve, dealing a heavy blow to the department's criminal investigation into Chair Jerome Powell
The central bank had challenged the subpoenas as improper.
The central bank had challenged the subpoenas as improper.