Judge denies Justice Department request to revive Federal Reserve subpoenas - CBS News
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The Bottom Line
A federal judge blocked the Justice Department from forcing the Federal Reserve to turn over documents and testimony.
AI Summary
A federal judge has rejected a Justice Department request to reinstate subpoenas targeting the Federal Reserve, blocking an effort to compel the central bank to produce documents and testimony. The subpoenas had been previously quashed, and the DOJ sought to revive them as part of an ongoing investigation or legal matter. By denying the request, the judge has upheld the earlier decision protecting the Federal Reserve from having to comply with those demands. The ruling limits the government's ability to access sensitive information from the Fed, which has historically maintained independence from direct political scrutiny. The decision underscores a judicial boundary around the central bank's operational autonomy.
What's Being Done
A federal judge denied the DOJ's request to reinstate subpoenas targeting the Federal Reserve, upholding an earlier decision that blocked the demands.
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