Federal judge refuses to reconsider decision blocking DOJ subpoenas targeting Federal Reserve Chairman Jerome Powell

U.S. District Judge James Boasberg denied the Justice Department's motion to reconsider his earlier ruling that quashed subpoenas seeking records from Federal Reserve Chairman Jerome Powell related to cost overruns at the Fed's headquarters renovation project. The judge found that the government failed to present new evidence or identify clear legal error, and reaffirmed his conclusion that the subpoenas were issued for improper political purposes rather than legitimate law enforcement. The DOJ is expected to appeal the decision to the U.S. Court of Appeals for the D.C. Circuit.