Subpoenas against Fed chair Powell tossed in a scathing opinion - Axios

A judge threw out subpoenas seeking Fed records and accused the investigation of being used to harass or pressure the Fed chair, a rebuke that narrowed the government’s legal options. With the Justice Department now dropping the criminal probe, the court’s scathing opinion and the loss of the investigation’s momentum further weaken efforts to compel Powell’s records and lower the likelihood that the subpoenas will affect the immediate confirmation calendar.