Judge blocks DOJ probes into Fed Chair Powell citing lack of evidence

Key Points

1. 1
   A federal judge has quashed Department of Justice subpoenas directed at the Federal Reserve regarding an investigation into Jerome Powell.
2. 2
   Judge James Boasberg ruled that prosecutors failed to present evidence showing Chair Powell committed a crime in connection with alleged fraud on his office building renovations.
3. 3
   The DOJ argues its sole purpose for investigating and pressuring President Trump's nominee was retribution against him, according to the judge.