DOJ asks judge to vacate Federal Reserve subpoena decisions
Summary
U.S. Attorney Jeanine Pirro asked a court to cancel its earlier ruling that rejected two subpoenas related to an investigation of Federal Reserve Chair Jerome Powell. The request came because the Department of Justice is closing the investigation, making the court decision no longer relevant.Key Facts
- Jeanine Pirro is the U.S. Attorney for the District of Columbia.
- She asked a judge to overturn a decision that stopped two subpoenas for Jerome Powell.
- Jerome Powell is the Chair of the Federal Reserve, the U.S. central bank.
- The subpoenas were part of a criminal investigation involving Powell.
- The Department of Justice decided to end the investigation.
- Pirro explained that since the investigation is closing, the court’s earlier decision is now “moot,” meaning it has no practical effect.
- This action took place in court on a Monday.
- The original court decision was made before the DOJ announced the probe was closing.
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