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Judge quashes grand jury subpoenas of Fed, Jerome Powell in renovations probe

by LJ News Opinions
March 13, 2026
in Business
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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…

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