James Boasberg

Person

Last mentioned: Mar 15, 2026

Timeline

  1. Pressure Campaign Begins

    President Trump begins a public campaign for lower interest rates and Powell's resignation.

  2. Subpoenas Issued

    U.S. Attorney Jeanine Pirro's office issues two grand jury subpoenas to the Federal Reserve Board.

  3. Term Expiration

    Jerome Powell's tenure as Chair of the Federal Reserve is set to expire.

  4. Court Ruling

    Judge Boasberg quashes the subpoenas and criticizes the DOJ for a lack of evidence.

  5. Court Ruling

    Judge James Boasberg quashes the subpoenas, citing political pressure as the primary motivation for the probe.

  6. Subpoenas Quashed

    Judge Boasberg issues a 27-page decision granting the motion to quash the subpoenas.

  7. Appeal Announced

    Jeanine Pirro holds a press conference calling the ruling unauthorized and vowing a swift appeal.

  8. Subpoenas Issued

    The DOJ issues formal subpoenas to Jerome Powell seeking internal documents and communications.

  9. Fed Motion to Quash

    Federal Reserve legal counsel files a motion to block the subpoenas, citing executive privilege.

  10. DOJ Probe Initiated

    The Department of Justice begins an investigation into Federal Reserve leadership following public criticism from the White House.

  11. Subpoenas Issued

    DOJ issues subpoenas to Chair Jerome Powell seeking testimony and private communications.

  12. DOJ Probe Initiated

    The Department of Justice opens a criminal investigation into Federal Reserve regulatory actions.

Stories mentioning James Boasberg 7

Financial Regulation Neutral

Judge Blocks DOJ Subpoenas in Probe of Fed Chair Jerome Powell

US District Judge James Boasberg quashed Department of Justice subpoenas targeting Federal Reserve Chair Jerome Powell, citing evidence that the probe was an attempt to exert political pressure on monetary policy. The ruling marks a significant legal setback for the Trump administration's efforts to influence central bank independence.

2 sources
Financial Regulation Bearish

Judge Blocks Pirro’s Fed Fraud Probe, Sparking Constitutional Clash

U.S. District Judge James Boasberg has quashed Department of Justice subpoenas targeting Federal Reserve Chair Jerome Powell, halting a grand jury investigation led by U.S. Attorney Jeanine Pirro. The ruling characterizes the criminal probe into alleged 'Federal Reserve fraud' as a politically motivated overreach that threatens the central bank's independence.

2 sources

About James Boasberg coverage

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