US Federal Reserve

Company

Last mentioned: 3h ago

Timeline

  1. Court Ruling

    The court issues a final ruling blocking the subpoenas and reinforcing the apex doctrine for federal regulators.

  2. Motion to Quash

    Federal Reserve legal counsel files a motion to quash the subpoena, citing high-ranking official immunity.

  3. Subpoena Filed

    Initial subpoena filed against Jerome Powell by undisclosed litigants seeking testimony on central bank policy.

Stories mentioning US Federal Reserve 1

Regulation Neutral

Court Blocks Subpoenas Against Fed Chair Powell, Citing Apex Doctrine

A federal court has quashed attempts to subpoena Federal Reserve Chair Jerome Powell, reinforcing the legal protections afforded to high-ranking government officials. The ruling prevents Powell from being compelled to provide testimony in ongoing litigation, citing the potential for such depositions to disrupt central bank operations.

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