US judge upholds decision to toss subpoenas into Fed Chair Jerome Powell
Judge Boasberg says Trump administration’s arguments ‘do not come close to convincing Court’ of subpoenas’ legitimacy.

Judge Boasberg says Trump administration’s arguments ‘do not come close to convincing Court’ of subpoenas’ legitimacy.

![It’s been 10 years since the Panama Papers leak exposed how the world’s richest hide their wealth. From offshore shell companies to political scandals, the documents revealed a global network of secret finances. [Al Jazeera]](/wp-content/uploads/2026/04/image-1775229416.jpg?resize=770%2C513&quality=80)


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Experts vary in their views on Kevin Warsh, Trump’s nominee to replace Jerome Powell as head of the US central bank.
The central bank will maintain rates at 3.5 to 3.75 percent and warned of ‘elevated’ economic uncertainty.
Workers in ‘risky’ industries and many religious and ethnic groups have been denied access to financial services.
The $5bn lawsuit alleges JPMorgan abruptly closed multiple accounts in 2021 cutting off Trump & his firms from financing
JPMorgan CEO Dimon said that Trump’s push to cap rates at 10 percent would result in consumers losing access to credit.
During two hours of arguments, some justices pressed US lawyer on why Cook was not given a chance to formally respond.
Powell appears to be casting off last year’s more subdued response to Trump’s repeated attacks on the Fed, AP reported.
Former fed chairs called the indictment an ‘unprecedented attempt’ to undermine the independence of the US central bank.
While the robbers remain at large, customers are furious about the Christmas break robbery.
Police are searching for suspects after thieves stole cash, gold and jewels worth up to $105m.