Judge blocks subpoenas against Federal Reserve chair in Trump-era probe

A federal judge has thrown out two grand jury subpoenas issued by the Justice Department against Federal Reserve Chair Jerome Powell. The subpoenas were part of a Trump-era investigation, and the judge's order is seen as a significant setback for the Justice Department, which has said it will appeal the decision.

The case stems from a probe launched during the Trump administration. The judge's ruling effectively halts the Justice Department's attempt to compel testimony and documents from Powell in this specific investigation.