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Justice Department asks Judge Boasberg to reconsider order quashing Powell subpoenas

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Fox News national correspondent David Spunt reports on a judge blocking subpoenas against Federal Reserve chair Jerome Powell and the search for the next Fed chair on ‘Special Report.’ Lawyers for the Trump administration on Monday asked U.S. District Judge James Boasberg to reconsider his order that quashed grand jury subpoenas of Federal Reserve Chair Jerome Powell, appearing to make good on a vow from U.S. Attorney for D.C. Jeanine Pirro to appeal the order to a higher court. In the Justice Department's motion for reconsideration that was submitted Monday, prosecutors argued that the court "applied an incorrect legal standard, erred with respect to certain facts, and overlooked other relevant facts." They argued that a subpoena should be allowed when there is even a "reasonable possibility" that the category of materials the government seeks will

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Mar 19, 2026
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Mar 16, 2026 → Mar 19, 2026

LATEST DEVELOPMENT
Mar 19, 2026·CNNT2 · Outlet report
Even Jerome Powell doesn’t know what’s going on with the economy | CNN Business

In normal times, the Federal Reserve would more or less ignore an oil price shock like the one we’re in now. Oil is notoriously volatile, and high prices inevitably come down to earth after too long, making any Fed policy action on…

Read original at CNN →
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March 2026

4 updates
Mar 19, 2026·CNNT2 · Outlet reportLATEST
Even Jerome Powell doesn’t know what’s going on with the economy | CNN Business

In normal times, the Federal Reserve would more or less ignore an oil price shock like the one we’re in now. Oil is notoriously volatile, and high prices inevitably come down to earth after too long, making any Fed…

Read original at CNN →
Mar 18, 2026·Fox NewsT2 · Outlet reportKEY MOMENT
Powell says he has 'no intention of leaving' Fed during DOJ investigation

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by…

Read original at Fox News →
Mar 18, 2026·CNNT2 · Outlet reportKEY MOMENT
Fed Chair Powell: I’ll stay at the Fed until Jeanine Pirro’s probe is ‘well and truly over’ | CNN Business

• The Federal Reserve said Wednesday it is holding rates steady for the second time this year and projected one rate cut this year. • Central bank officials met this week against a backdrop of war, an energy crisis,…

Read original at CNN →
Mar 16, 2026·Fox NewsT2 · Outlet reportOPENING
Justice Department asks Judge Boasberg to reconsider order quashing Powell subpoenas

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by…

Read original at Fox News →

Sources & evidence (4)

What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

T2 · Outlet report× 4
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T2 · Outlet reportCNNMar 19, 2026

In normal times, the Federal Reserve would more or less ignore an oil price shock like the one we’re in now. Oil is notoriously volatile, and high prices inevitably come down to earth after too long, making any Fed policy action on…

View source →
T2 · Outlet reportFox NewsMar 18, 2026

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and…

View source →
T2 · Outlet reportCNNMar 18, 2026

• The Federal Reserve said Wednesday it is holding rates steady for the second time this year and projected one rate cut this year. • Central bank officials met this week against a backdrop of war, an energy crisis, rising costs, a…

View source →
T2 · Outlet reportFox NewsMar 16, 2026

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and…

View source →

Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary

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