Source: Fox News
Summary
Lawyers for the Trump administration have asked U.S. District Judge James Boasberg to reconsider his order quashing grand jury subpoenas of Federal Reserve Chair Jerome Powell. The Justice Department argued that the court applied an incorrect legal standard and overlooked relevant facts. The request comes after Boasberg blocked the subpoenas, concluding they were a “pretext” to pressure Powell into lowering interest rates or resigning. The subpoenas were related to the investigation of the central bank’s renovations and Powell’s congressional testimony.
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As expected, the matter has reached another stage.
The Trump administration is appealing the ruling, with U.S. Attorney for D.C. Jeanine Pirro calling it “outrageous.” Pirro argued that the judge “put himself at the entrance door to the grand jury, slamming that door shut — irrespective of the legal process.” The appeal could prolong Trump’s efforts to remove Powell from the Fed and replace him with his pick. The process has entered a familiar phase, with each side reiterating their positions. The judge’s ruling is seen as a setback for the administration’s investigation. The administration’s persistence in pursuing the subpoenas has become a performance of its commitment to the investigation.
Author: Evan Null
