Federal Reserve Investigation: Judge Upholds Decision on Subpoenas

A US judge, James Boasberg, has upheld a decision to block subpoenas in the criminal investigation concerning Federal Reserve chair Jay Powell. This ruling maintains the earlier stance on the case, which is led by US attorney Jeanine Pirro, who sought to revisit the verdict. The implications of this ruling might affect the ongoing inquiry into the Federal Reserve, but specific numbers or further details on its impact were not provided. This development is noteworthy as it pertains to regulatory oversight in financial markets.