A Washington, D.C., chief judge declined the Justice Department’s bid to revisit a ruling that blocked subpoenas in a criminal probe involving Powell, leaving appeal as the next potential step.
A Washington, D.C., chief judge rejected the U.S. Justice Department’s request to reconsider a March 13 ruling that blocked subpoenas tied to a criminal investigation involving Jerome Powell. The earlier ruling found that a January subpoena sent to the Federal Reserve Board had been issued for an improper purpose. DOJ officials may still appeal the decision, a step that could delay Kevin Warsh’s nomination process for Federal Reserve chair.