March 13, 2026 © 2026 NBCUniversal Media, LLC

A federal judge has quashed subpoenas the Justice Department had issued against Federal Reserve Chair Jerome Powell, according to court documents unsealed Friday.

U.S. Attorney Jeanine Pirro on Friday (March 13) said that the Justice Department will appeal a ruling blocking subpoenas it served to Federal Reserve Chair Jerome Powell in a probe purported to be about the management of the central bank's renovation.

A federal judge blocked the Justice Department on Friday from enforcing subpoenas issued against Federal Reserve Chairman Jerome Powell, ruling the government failed to show any legitimate basis for the demands.

Federal Reserve Chair Jerome Powell is purportedly being investigated for comments he made about the pricey renovations of the Fed's headquarters.

A federal judge on Friday tossed out Department of Justice subpoenas sent to Federal Reserve chair Jerome Powell earlier this year. Why it matters: The judge accused the Trump administration of using the criminal investigation to pressure the head of the world's most important central bank to lower interest rates.

Jeanine Pirro raged at reporters Friday after a federal judge quashed subpoenas in the Justice Department's investigation into Fed Chair Jerome Powell.

A federal judge this week blocked a criminal probe of Federal Reserve Chair Jerome Powell, quashing grand jury subpoenas.