Judge says ‘no evidence’ to justify Federal Reserve probe

In his ruling, Judge James Boasberg agreed, saying prosecutor Jeanine Pirro had presented "no evidence" to justify her demands for information from the Fed. Kenya breaking news | Kenya news today |..
✨ Key Highlights
A US judge has blocked an investigation into the Federal Reserve, ruling that the Department of Justice presented "no evidence" to justify its demands for information.
- The decision was a victory for Fed chairman Jerome Powell, who alleged the probe was a pretext to pressure the bank into lowering interest rates.
- Prosecutor Jeanine Pirro plans to appeal the ruling, calling it "wrong on its face" and stating it "neutered" her ability to investigate crime.
- The case has raised concerns about political pressure on the Federal Reserve and potentially complicated White House efforts to appoint a new Fed chair.
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