Pirro's losses in Fed investigation should stay on the books, judge rules
Source: CNBC
Politics
Pirro's losses in Fed investigation should stay on the books, judge rules
Published Thu, Jun 11 2026 6:37 PM EDT
Updated Thu, Jun 11 2026 8:19 PM EDT
Matt Peterson
@in/mattpetersonwrites
KEY POINTS
* The U.S. attorney for the District of Columbia has been involved in a monthslong court fight to compel testimony out of the Federal Reserve over cost overruns in its building renovations.
* A federal judge had twice ruled against prosecutors' attempts to subpoena the Fed.
* On Thursday, the judge also denied a motion by prosecutors that would have erased their earlier losses.
* Keeping the matter on the record was in the public interest, the judge wrote.
U.S. Attorney for the District of Columbia Jeanine Pirro announces charges in connection with an international car theft ring during a press conference at the Justice Department in Washington, D.C., U.S., April 22, 2026.
Nathan Howard | Reuters
A federal judge in Washington on Thursday denied a prosecutor's request to erase the record of the government's legal losses during its attempt to investigate former Federal Reserve Chair Jerome Powell.
Chief Judge James Boasberg, in a scathing order in D.C. District Court, replete with media quotes and links to a YouTube clip, denied a motion by the office of U.S. Attorney Jeanine Pirro to vacate his earlier rulings that had gone against Pirro.
{snip}
Boasberg's initial ruling had found that although a prosecutor ought generally to be allowed to issue grand jury subpoenas on minimal suspicion, evidence that those subpoenas might be part of a campaign of political harassment raised the bar for allowing an investigation to proceed. Pirro's motion to vacate would have undone that ruling. ... "If the Government got its way here, then any party that lost a court case could choose to moot the matter, erase an unfavorable decision, and freeze the accumulation and refinement of precedents on which our legal system depends," Boasberg wrote.
As judge of a lower court, Boasberg's decisions don't necessarily create precedent, he noted. But his "reasoning still offers a public good from which other parties and judges may draw."
{snip}
Read more: https://www.cnbc.com/amp/2026/06/11/pirro-fed-jerome-powell.html
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