Judge blocks subpoenas in criminal probe of Fed Chair Jerome Powell

• Judge blocks subpoenas in a criminal probe of Fed Chair Jerome Powell, citing 'essentially zero evidence' of a crime.
• The judge found the subpoenas were issued for an 'improper purpose,' specifically to pressure Powell into voting for lower interest rates or resigning.
• The ruling explicitly references President Trump's social media posts as evidence of the political pressure exerted on the Fed Chair.
• The U.S. Attorney's Office intends to appeal this decision.

A federal judge has blocked subpoenas against Fed Chair Jerome Powell in a criminal probe, citing 'essentially zero evidence' and an 'improper purpose.' The judge's opinion highlighted that the government's actions were likely an attempt to pressure Powell into lowering interest rates or resigning, referencing over 100 social media posts from President Trump.