A judge has quashed a set of subpoenas tied to a criminal probe against Federal Reserve Chair Jerome Powell, writing that “the Government has offered no evidenceA judge has quashed a set of subpoenas tied to a criminal probe against Federal Reserve Chair Jerome Powell, writing that “the Government has offered no evidence

Pirro furious after judge clears Jerome Powell

2026/03/14 05:34
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

A judge has quashed a set of subpoenas tied to a criminal probe against Federal Reserve Chair Jerome Powell, writing that “the Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President.” Now as a result, US Attorney Jeanine Pirro is displeased and raging about it.

The subpoenas date back to January, when Powell revealed that he was being targeted by the White House for his resistance to lowering federal interest rates. For its part, the administration claimed the probe was launched due to purported misleading statements made by Powell regarding renovation costs at the Federal Reserve office buildings. A federal judge, however, didn’t buy it.

“There is abundant evidence that the subpoenas' dominant (if not sole) purpose is to harass and pressure Powell either to yield to the President or to resign and make way for a Fed Chair who will,” the judge declared, effectively putting an end to the investigation.

Pirro was not happy with the outcome.

Speaking immediately after the judge’s decision, she complained that the “activist judge” James Boasberg — who was unanimously confirmed by the Senate in 2011 — had “neutered the grand jury's ability to investigate crime,” leaving Powell “bathed in immunity” in a Washington, DC, "where no one is held accountable.” She offered little evidence to support such claims.

Boasberg, however, cited a number of statements by Trump as proof of the president’s real intentions, such as a social media post where he ranted, “Jerome 'Too Late' Powell has done it again!!! He is TOO LATE, and actually, TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair.”

"That is one of at least 100 statements that the President or his deputies have made attacking the Chair of the Federal Reserve and pressuring him to lower interest rates,” wrote Boasberg in his decision.

This is another in a growing string of defeats for Pirro since being appointed US Attorney by Trump one year ago. She failed to indict six Democratic lawmakers who made a video urging members of the military to refuse illegal orders. Her cases against former FBI director James Comey and New York Attorney General Letitia James were thrown out. She was unable to secure charges against a man accused of assaulting federal agents with a sandwich. And the list goes on.

What links all of these targets is the blatant political motivation for leveling prosecution against them.

As former federal prosecutor Ankush Khardori wrote, “It is now clear that Pirro…is willing to use her power to try to intimidate and punish Trump’s political opponents — even if that means degrading herself, the office and DOJ, and wasting taxpayers’ money all at the same time.”

- YouTube www.youtube.com

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$3.995
$3.995$3.995
+5.88%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Here’s How Consumers May Benefit From Lower Interest Rates

Here’s How Consumers May Benefit From Lower Interest Rates

The post Here’s How Consumers May Benefit From Lower Interest Rates appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All rights reserved. Key Facts The central bank’s policymaking panel voted this week to lower interest rates, which have sat between 4.25% and 4.5% since December, to a new range of 4% and 4.25%. How Will Lower Interest Rates Impact Mortgage Rates? Mortgage rates tend to fall before and during a period of interest rate cuts: The average 30-year fixed-rate mortgage dropped to 6.35% from 6.5% last week, the lowest level since October 2024, mortgage buyer Freddie Mac reported. Borrowing costs on 15-year fixed-rate mortgages also dropped to 5.5% from 5.6% as they neared the year-ago rate of 5.27%. When the Federal Reserve lowered the funds rate to between 0% and 0.25% during the pandemic, 30-year mortgage rates hit record lows between 2.7% and 3% by the end of 2020, according to data published by Freddie Mac. Consumers who refinanced their mortgages in 2020 saved about $5.3 billion annually as rates dropped, according to the Consumer Financial Protection Bureau. Similarly, mortgage rates spiked around 7% as interest rates were hiked in 2022 and 2023, though mortgage rates appeared to react within weeks of the Fed opting to cut or raise rates. How Do Treasury Bonds Respond To Lower Interest Rates? Long-term Treasury yields are more directly influenced by interest rates, as lower rates tend to result in lower yields. When the Fed pushed rates to near zero during the pandemic, 10-year Treasury yields fell to an all-time low of 0.5%. As…
Share
BitcoinEthereumNews2025/09/18 05:59
Two Tokens Control 86% of the Stablecoin Market and the Gap Is Not Closing

Two Tokens Control 86% of the Stablecoin Market and the Gap Is Not Closing

The global stablecoin market has crossed $333 billion in total supply, and the distribution of that capital is more concentrated than at any point in the asset
Share
Ethnews2026/03/14 08:13
Chris Burniske Forecasts Big Changes Coming to Cryptocurrency Market

Chris Burniske Forecasts Big Changes Coming to Cryptocurrency Market

TLDR Chris Burniske predicts that price flows will start driving crypto market narratives. Burniske foresees underperforming cryptocurrencies gaining more attention. Coinbase predicts growth in Q4 2025 driven by positive macroeconomic factors. Tom Lee suggests Bitcoin and Ethereum could benefit from potential Fed rate cuts. A major shift is looming in the cryptocurrency market, according to [...] The post Chris Burniske Forecasts Big Changes Coming to Cryptocurrency Market appeared first on CoinCentral.
Share
Coincentral2025/09/18 00:17