Summary
- A U.S. court reported it blocked the issuance of a subpoena targeting Federal Reserve (Fed) Chair Jerome Powell.
- The court said there was "essentially zero evidence" in relation to the request to subpoena Chair Powell, and did not allow it.
- The court reported it determined that the materials submitted alone did not provide sufficient grounds to issue a subpoena.
Forecast Trend Report by Period
A U.S. court has blocked the issuance of a subpoena targeting Federal Reserve (Fed) Chair Jerome Powell.
According to Walter Bloomberg on the 13th (local time), the court declined to allow the subpoena request, saying there was "essentially zero evidence" in connection with the request to subpoena Powell.
The subpoena was reported to have sought testimony and the submission of materials from Powell related to a specific probe.
The court found that the materials submitted alone were insufficient grounds to issue a subpoena.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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