LOADING ERROR LOADINGA federal judge dismissed subpoenas brought as part of a criminal investigation into Federal Reserve Chair Jerome Powell as “mere pretexts” in a decision issued on Friday. After the subpoenas became public, Powell released an extraordinary statement accusing the administration of creating “pretexts” to remove him from office. AdvertisementFederal Reserve Chair Jerome Powell pauses while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Jan. 28. Powell resisted Trump’s pressure, although the Fed did lower rates three times in 2025. Pulte’s insinuations previously led to the indictment and purported firing of Federal Reserve Governor Lisa Cook.

Source: Huffington Post March 13, 2026 23:45 UTC