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Judge quashes Powell subpoenas

Judge quashes Powell subpoenas

U.S. District Judge James Boasberg ruled that the government's arguments failed to demonstrate the legitimacy of the grand jury subpoenas.

The investigation, spearheaded by acting Attorney General Todd Blanche, sought records related to a $2.5 billion renovation project.

This legal defeat for the Trump administration sets the stage for a high-stakes appeal that could reach the Supreme Court.

The conflict underscores the growing tension between the White House and the independent Federal Reserve as midterm elections approach.