Jeanine Pirro drops appeal of Fed subpoena ruling
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- Jeanine Pirro asked a federal judge to vacate his March decision that quashed her subpoenas to the Federal Reserve, effectively abandoning her earlier plan to appeal.
- James Boasberg ruled in March that Pirro offered no specific evidence of wrongdoing and that the subpoenas appeared designed to pressure Chair Jerome Powell under President Donald Trump’s demand for lower rates.
- Jerome Powell announced he will remain on the Federal Reserve’s board after his chairmanship ends later this month, pending resolution of the legal threat.
- Proud Boys convictions from the Jan. 6 riot were targeted by Pirro’s recent motion to vacate, part of her broader effort to erase DOJ losses.
- Oath Keepers members faced the same vacate motion, though legal experts say Pirro lacks standing to erase the record in the Fed investigation.
Why it matters: Federal Reserve faces legal uncertainty that undermines its independence and rate policy; Jerome Powell will stay on the board after his chair term ends later this month, while Pirro’s retreat benefits the Fed and dents Trump‑linked pressure.
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