Judge James E. Boasberg blocked these subpoenas, considering that a “mountain of evidence” suggests their true purpose is to “harass Powell to pressure him to lower rates.” Jeanine Pirro, U.S. Attorney for Washington, D.C., stressed that the DOJ will appeal the judge’s decision, escalating the legal battle. Judge Quashes Federal Reserve Subpoenas, DOJ Announces Appeal […]
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Key TakeawaysThe CFTC now says its original Gemini lawsuit should never have been filed, reversing its earlier position.Gemini’s $5 million penalty remains intact after Judge Hellerstein rejected a...
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