The U.S. judge refused to reconsider the ruling on the Powell case, and the appeal or delay of Woz's nomination confirmation.

robot
Abstract generation in progress

ME News message. April 4 (UTC+8), local time Friday, the chief U.S. District Judge for the District of Columbia, James Boasberg, rejected the Department of Justice’s request to rehear the ruling in the criminal case involving Powell, after his earlier ruling had blocked subpoenas issued in connection with the criminal investigation involving Powell. In a March 13 ruling, Boasberg said the subpoena sent in January last year to the Board of Governors of the Federal Reserve was issued for an improper purpose—its aim was to pressure Powell into accepting the conditions Trump sought for rapid rate cuts or to resign. The subpoena against Powell was issued by Jenny-En Piro, the U.S. Attorney for the District of Columbia (a staunch supporter of Trump). Piro has pledged to continue the investigation and said her office is prepared to appeal to the U.S. Court of Appeals for the District of Columbia Circuit. According to sources, senior officials at the Department of Justice support this decision to appeal. The appeal could delay confirmation of Kevin Worsh’s nomination as Chair of the Federal Reserve. U.S. Senator Tom Tillis, a Republican member of the Senate Banking Committee, previously criticized the investigation into Powell, and he vowed to continue blocking Worsh’s nomination while the appeal process is underway. (Source: Jin Ten)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin