
US judge upholds block of subpoenas in criminal investigation of Jay Powell.
A US judge has declined to revisit a ruling that quashed the Department of Justice’s efforts to subpoena Jay Powell, in the latest setback for prosecutors in the criminal investigation into the Federal Reserve chair.
James Boasberg, a DC District Court judge nominated by former US President Barack Obama, on Friday declined a motion from Jeanine Pirro, US attorney for the District of Columbia, to reconsider his decision to block subpoenas issued by her office.
“The standard for reconsideration is a demanding one: the movant must show that there has been an intervening change in controlling law, new evidence, or a need to correct clear error or prevent manifest injustice,” Boasberg said.
“The Government’s arguments do not come close to convincing the Court that a different outcome is warranted,” he added.


