Federal Judge Blocks Trump Administration Subpoenas to Federal Reserve Amid Fed Chair Nomination
β’ A federal judge on March 14, 2026, blocked subpoenas directed at the Federal Reserve by the Justice Department, hitting an institutional guardrail for the Trump administration. β’ The ruling delays confirmation of Kevin Warsh as next Fed Chair, with Republican Senator Thom Tillis warning of prolonged process; DOJ plans to appeal. β’ This occurs amid fading confidence in US trade policy and fiscal credibility, maintaining bearish USD views.
bbh.com