Judge blocks subpoenas in Fed Chair Jerome Powell probe citing ‘essentially zero evidence’
President Donald Trump speaks alongside Federal Reserve Chair Jerome Powell, as they tour the Federal Reserve’s $2.5 billion headquarters renovation project, July 24, 2025, in Washington. (Chip Somodevilla/Getty Images)
(WASHINGTON) — A top federal judge in Washington on Friday blocked Justice Department subpoenas to the Federal Reserve’s Board of Governors after determining the government “produced essentially zero evidence” to support a criminal investigation of Fed Chair Jerome Powell, according to an unsealed court opinion.
“There is abundant evidence that the subpoenas’ dominant (if not sole) purpose is to harass and pressure Powell either to yield to the President or to resign and make way for a Fed Chair who will,” U.S. District Judge James Boasberg said in his opinion.
“A mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting for lower interest rates or resigning. On the other side of the scale, the Government has produced essentially zero evidence to suspect Chair Powell of a crime; indeed, its justifications are so thin and unsubstantiated that the Court can only conclude that they are pretextual,” the judge added.
Acting U.S. Attorney Jeanine Pirro blasted Boasberg as an activist judge and has pledged to appeal the ruling.
The Justice Department’s probe centered on Powell’s testimony to Congress last year about cost overruns in a multi-billion-dollar office renovation project.
Powell rebuked the investigation in a video message in January as a politically motivated effort to influence the Fed’s interest rate policy.
The Justice Department’s move was met with heavy criticism from the Hill especially from key Republicans who stressed the importance of the Fed’s independence.
Sen. Thom Tillis, a North Carolina Republican who sits on the Senate Banking Committee, warned Pirro’s office against attempting to appeal Boasberg’s ruling.
“This ruling confirms just how weak and frivolous the criminal investigation of Chairman Powell is and it is nothing more than a failed attack on Fed independence. We all know how this is going to end and the D.C. U.S. Attorney’s Office should save itself further embarrassment and move on,” Tillis said in an X post Friday.
This is a developing story. Please check back for updates.
New York City Mayor Zohran Mamdani is joined by New York Governor Kathy Hochul at an event in Brooklyn to support more housing construction in New York City on February 10, 2026 in New York City. (Spencer Platt/Getty Images)
(GARDEN CITY, N.Y.) — Just over three months after he won New York City’s mayoral election, Zohran Mamdani is already at the center of another election — even though he’s not on the ballot.
With the New York governor’s race on the horizon, some voters and Republican officials who attended New York State’s Republican convention on Long Island on Monday mentioned Mamdani’s name immediately as they spoke about Gov. Kathy Hochul.
“Kathy Hochul is scrounging for votes and she latched onto Mamdani,” convention attendee Phil Orenstein, from Queens Village, told ABC News. “She endorsed him. He endorsed her in the governor’s race and you can see where that’s going. It’s going so far off the cliff.”
The most prominent Republican New York native, President Donald Trump, criticized Mamdani heavily prior to last November’s election.
Yet after the democratic socialist and former state assemblyman defeated former New York Gov. Andrew Cuomo and Republican Curtis Sliwa in November, Trump appeared to change his perspective on Mamdani.
When Mamdani visited the White House after his victory, President Donald Trump congratulated the then-mayor-elect and said that he thought Mamdani “could do some things that are going to be really great.”
Trump’s praise of Mamdani has raised questions over how Republicans seeking to defeat Hochul this November will incorporate the new mayor into their messaging.
Nassau County Executive Bruce Blakeman, who became the likely Republican gubernatorial nominee after Rep. Elise Stefanik dropped out of the race in December, did not mention Mamdani by name in his opening remarks at the Republican convention in suburban Garden City on Monday.
However, Blakeman’s campaign previously issued a statement criticizing the “Hochul-Mamdani agenda” and posted on social media shortly before the convention began that “Zohran Mamdani and Kathy Hochul are pushing New York in the wrong direction.”
Hochul, who had been facing a primary challenge from Lieutenant Gov. Antonio Delgado until Delgado suspended his campaign on Tuesday, touted Mamdani’s endorsement last week.
“Mayor Mamdani understands that we need to build a New York that everyone can afford — I’m grateful for his partnership in finally bringing universal child care to New York, and I know that he’ll stand strong alongside me as we fight against Donald Trump’s attacks on this state,” the governor said in a statement.
Mamdani’s proposals have ranged from free fares on the country’s largest bus system to free child care for 2-year-olds in the city.
“His policies are completely backwards and we are not a socialist country. We are not a socialist state,” Broome County Republican Committee Chair Benji Federman told ABC News at the convention on Monday. “The vast majority of voters disagree with the policies that he has put forward across New York.”
Just under 45% of New York State’s population lives in New York City.
“You have so many people who are in the Senate and the Assembly from New York City [that] if something happens locally down here, they’re going to try to bring it statewide,” Mike Sigler, an upstate Republican county legislator who lives outside Ithaca, told ABC News.
Mamdani and Hochul have each expressed disagreements with each other on a number of issues, particularly regarding taxes.
“Those of us entrusted with the sacred oath of service must heed that call and work together to honor it. That requires not the absence of disagreement but the presence of trust,” Mamdani wrote in his endorsement of Hochul that was published by The Nation. “We must be able to disagree honestly while still delivering for the people we serve.”
On Tuesday, New York leaders gathered for a press conference in the city about housing and infrastructure. Hochul and Mamdani were standing side by side at the podium.
Donald Trump takes office for his second term as the 47th president of the United States. (Julia Demaree Nikhinson – Pool/Getty Images)
(WASHINGTON) — When President Donald Trump capped a historic political comeback on Inauguration Day last Jan. 20, he proclaimed the “Golden Age of America” had arrived, and in his first 12 months, the nation has experienced a whiplash of domestic and foreign policy changes, and political disputes that have stirred intense national debate.
Within hours of taking office, the president signed more than 200 executive actions, including rescinding nearly 80 actions under President Joe Biden, and pardoning 1,500 people convicted of crimes stemming from the Jan. 6 insurrection at the U.S. Capitol.
“From this day forward, our country will flourish and be respected again all over the world. We will be the envy of every nation, and we will not allow ourselves to be taken advantage of any longer. During every single day of the Trump administration, I will very simply put America First,” Trump vowed during his inaugural address.
A look at Trump’s first year shows a mixture of fulfilled promises, dramatic actions and ongoing controversies that show his political ambitions and the divided response from Americans.
Foreign policy
Trump ran on an agenda of “peace through strength,” promising to be a global peacemaker.
“My proudest legacy will be that of a peacemaker and unifier. That’s what I want to be, a peacemaker and a unifier,” Trump said during his address at the inauguration.
Since taking office, the president has made significant foreign policy decisions, from an on-the-ground operation to seize the leader of Venezuela, ratcheting tensions with Europe in an effort to seize Greenland and efforts to achieve peace in global conflicts from Ukraine to the Middle East.
The president achieved one of those goals by securing a ceasefire in the Israel-Hamas war that raged in Gaza. The delicate peace deal has held and recently moved into its second phase. The deal came after months of statecraft by Trump and many of his closest allies.
Trump has also formulated what he calls the “Donroe Doctrine,” a play on words of the Monroe Doctrine that reimagines the American role in the Western Hemisphere. That change in vision was punctuated by an on-the-ground operation in Venezuela to capture then-President Nicolas Maduro and bring him to the U.S. to face charges for allegedly supporting cartels that brought narcotics into the U.S.
That effort came after the administration carried out strikes on boats that were allegedly carrying drugs, killing more than 100 people. Those strikes have faced major questions from Democrats.
The president has also called for the U.S. to own Greenland and is ratcheting up tension with European allies as he tries to make good on his promised efforts to own Denmark’s semiautonomous territory. Those tensions have reached a fever pitch around Trump’s one-year mark in office as the president has not ruled out taking Greenland by force.
Trump vowed on the campaign trail to end the war in Ukraine on Day 1 of his term in office. However, after many meetings with Ukrainian President Volodymyr Zelenskyy and a historic summit on American soil with Russian President Vladimir Putin, that promise has failed to materialize. The war between Russia and Ukraine continues to rage on and Trump has repeatedly said that ending the conflict is more complex than he expected it would be.
Immigration
Trump has followed through on his campaign pledge to aggressively crack down on illegal immigration.
In 2025, the United States experienced negative net migration for the first time in at least 50 years as a result of the Trump administration’s immigration crackdown, according to a report by the Brookings Institution, which added that the number is mostly due to a significant drop in entries into the U.S.
The Department of Homeland Security claims more than 622,000 people have been deported since the president took office.
Throughout the year, the administration significantly expanded Immigration and Customs Enforcement (ICE) operations nationwide, with the White House publicly celebrating rising ICE arrests in multiple states, despite their controversial tactics, deadly force, legal pushback and protests.
A Quinnipiac University poll found 57% of voters disapproving of how ICE is enforcing immigration laws, with 40% approving, largely unchanged from Quinnipiac’s previous polling in July. Most Democrats and independents disapprove of how ICE is enforcing laws; most Republicans approve.
The president surged federal law enforcement and even troops into cities such as Los Angeles, New Orleans and currently Minneapolis, Minnesota, to help carry out immigration enforcement there. However, many local officials have spoken out against the enforcement operations.
Federal restructuring (DOGE)
Trump has also made major changes to the federal government, executing on another of his major changes to the size and powers of the federal government. Trump worked alongside billionaire Elon Musk for the first months of his presidency to enact the policy of the Department of Government Efficiency (DOGE).
DOGE took a chainsaw to much of the government, including shuttering the U.S. Agency for International Development (USAID) and firing or laying off thousands of federal workers.
In May, after months working to reshape the federal workforce and government, Musk said that the DOGE effort, which he promised on the campaign trail would cut $2 trillion in federal spending, saved about $160 million after about five months.
“I think we’ve been effective, not as effective as I’d like, I think we could be more effective, but we made progress,” Musk said in May.
Economic policies
Trump enacted one of his biggest campaign promises during his first year in office: widespread tariffs on goods brought into the U.S. The goal of the tariffs was to onshore manufacturing and slash trade deficits.
On April 2, which Trump dubbed “Liberation Day,” the president announced sweeping tariff policies on almost all of America’s trading partners and went far beyond what many experts expected his tariff policy to look like. Just one day later, the stock market tanked in reaction, with stocks losing nearly $3.1 trillion in value.
A few days later, the president paused those sweeping tariffs to give time for the administration to instead cut deals with nations. Trump said that investors had gotten “the yips,” which is why he pulled back. The administration set to work, promising to strike 90 deals in 90 days with America’s trading partners.
They fell short of that goal, but the White House has since reached deals or frameworks with dozens of America’s trading partners. The White House has also made significant carve-outs for some goods that cannot be produced or grown in the U.S. such as coffee and bananas.
The president came into office promising a “manufacturing boom” and that his policies would create “millions and millions of blue-collar jobs and jobs of every type,” but the final jobs report of 2025 showed hiring in the American economy is cooling.
Roughly 50,000 new jobs were added to the workforce in December, slightly below expectations, but the unemployment rate did drop to 4.4%. Roughly two thirds of overall job gains last year were in the health care sector, while manufacturing, tech and government all lost more jobs than they added, according to the Bureau of Labor Statistics.
The latest CPI report shows inflation up 2.7% from a year ago. Costs continue to rise for energy, medical care and foods such as coffee and ground beef, while wholesale egg prices have dropped to their lowest levels since 2019, according to the USDA.
The typical American household is now spending $184 more a month to purchase the same goods and services as a year ago, and $590 more a month than three years ago, according to Moody’s Analytics.
The president kicked off a tour in December to talk to Americans directly about his administration’s efforts to bring down costs. Trump has continued to insist that “affordability” is a “hoax” that was invented by Democrats.
Trump unveiled a health care plan, which he had promised for nearly a decade in early 2026. The administration unveiled his “great healthcare plan,” but the details are sparse, with top administration officials calling it “broad” and a “framework.”
Trump says he wants to give money directly to Americans so they can buy their own insurance, but it’s unclear how that would work, how much they will get or whether it would cover their health care costs. A recent poll found 52% of voters saying Trump has “hurt” the cost of health care.
The president has also planned to unveil a plan that would lower housing costs during an upcoming trip to Davos, Switzerland. It’s unclear what exactly the plan will entail, but the president has floated “steps to ban large institutional investors from buying more single-family homes” in an effort to improve housing costs.
Changes to the White House
Trump has also made his mark on the physical space of the White House. From ornamental changes to major tear downs, the president has made his mark on the historic home of the commander in chief.
What started with gilded additions to the Oval Office and the usual redecorating quickly became more long-lasting changes to the White House. The president repaved the historic Rose Garden with white stone and added what he dubbed the “Presidential Walk of Fame” which includes portraits and politically charged plaques about American presidents through history.
One of the biggest moves came in October of 2025, when Trump tore down the White House East Wing to make way for a 90,000 square foot ballroom. The major construction and rapid pace of the tear-down faced major criticism from many Democrats.
The president has made his mark on other D.C. landmarks too. The president’s hand-picked board of the Kennedy Performing Arts Center voted in mid-December to rename the structure the “Trump-Kennedy Center.”
The president has followed through of many of his campaign promises. Yet a recent Reuters-Ipsos poll finds that on every issue measured, Trump does not enjoy majority approval. With the midterm elections looming, it remains to be seen whether the president will have the political capital to push through his agenda throughout his historic second term.
