Judge James Boasberg on Friday rejected the Justice Department’s request to revive the subpoenas issued to the Federal Reserve.
Last month, Judge Boasberg, an Obama appointee, quashed the Justice Department’s subpoenas issued to Fed Chairman Jerome Powell.
Boasberg previously blasted Trump and US Attorney Pirro and said the subpoenas were improperly issued after the president pressured Powell to lower interest rates.
The Justice Department appealed Judge Boasberg’s decision.
On Friday, Boasberg again rejected the DOJ’s request to issue subpoenas.
CBS News reported:
A federal judge on Friday rejected efforts by the Justice Department to revive two subpoenas it served to the Federal Reserve as part of its criminal investigation into Chairman Jerome Powell and the Fed’s building renovations, after the judge had quashed them on the grounds they were pretextual and not based on evidence of a crime.
“The Government’s arguments do not come close to convincing the Court that a different outcome is warranted,” wrote Chief Judge for the District of Columbia James Boasberg.
In January, Powell revealed that the Federal Reserve had received grand jury subpoenas from the Justice Department as part of an ongoing criminal investigation into him.
The subpoenas threatened a criminal indictment related to Powell’s testimony before the Senate Banking Committee in June 2025, according to Powell. The chairman — who has drawn President Trump’s ire for declining to rapidly slash interest rates — said the probe centered on his comments about a years-long renovation project at the Federal Reserve’s office buildings. The investigation has not resulted in any criminal charges.
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 last month.
“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.
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
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