…#JeromePowell has said the investigation is a pretext to undermine the Fed’s #independence to set rates. A federal prosecutor last month admitted that the investigation into the renovations had turned up NO evidence of a crime.

…Sen #ThomTillis, a North Carolina #Republican, has said he won’t vote to confirm any Fed nominees until the investigation is dropped.

#law #economy #FederalReserve #Trump #RevengePolitics #AbuseOfPower #authoritarianism #USpol

#Trump has again threatened to fire #JeromePowell if the #FederalReserve Chair decides to stay on the central bank’s governing board after his term as chair expires next month.

“Well then I’ll have to fire him, OK?” Trump told Fox Business…when reminded that Powell has said he won’t leave the Fed during the #DOJ investigation.

[reminder #SCOTUS ruled Trump could not fire Fed governor #LisaCook]

#law #economy #independence #RevengePolitics #AbuseOfPower #authoritarianism #USpol

Last month, during a closed-door hearing before a federal judge, a top deputy from #JeaninePirro’s office conceded that they had NOT found any evidence of a crime in their investigation of the #FederalReserve HQ project.

The investigation has faced bipartisan opposition in #Congress. It also has delayed #Senate consideration of Kevin Warsh, #Trump’s pick to replace Fed chair #JeromePowell when his term ends May 15.

#law #economy #independence #RevengePolitics #AbuseOfPower #authoritarianism

#JeromePowell has blasted the investigation as a pretext to pressure the #FederalReserve to lower borrowing costs, which has long been #Trump’s goal when it comes to the Fed.

Trump’s decision to pick yet another public fight with Powell at a moment when the fate of his choice for chair is already in limbo runs counter to recent signals sent by top admin officials & senior #Republicans. [more #PsychoticState.]

#law #economy #independence #RevengePolitics #AbuseOfPower #authoritarianism #USpol

…The case is assigned to Rao & Circuit Judges Justin Walker & J. Michelle Childs. Walker, also a #Trump nominee, wrote a separate opinion concurring with Rao’s. Childs, who was nominated by Democratic President Joe #Biden, dissented from the majority.
Childs said the court’s majority has trampled on Boasberg’s authority “in a way that will affect not only these #contempt proceedings but will also echo in future proceedings against all litigants.”TYVM

#law #AbuseOfPower #judiciary #JudgeShopping

#Boasberg has said the #Trump admin may have acted in #BadFaith by trying to rush Venezuelan immigrants out of the country in defiance of his order. He said he gave the admin “ample opportunity to rectify or explain their actions” but concluded that “none of their responses has been satisfactory.”

#law #immigration #AlienEnemiesAct #DueProcess #rendition #StateSponsoredAbduction #CivilRights #HumanRights #DualState #AbuseOfPower #judiciary #JudgeShopping

…On March 15, 2025, #Boasberg issued a TRO barring the admin from transferring a group of Venezuelan immigrants to #ElSalvador under the #AlienEnemiesAct an 18th century #law. After the order was entered, 2 planeloads of immigrants protected by the order departed from the #US on their way to El Salvador, where they were locked up in #CECOT, one of the world’s most violent prisons. The admin said then DHS Secy Kristi Noem was responsible for the transfer decision.

#law #immigration #AbuseOfPower