A US District Judge James Boasberg has denied a government request to reconsider the legality of two subpoenas targeting the Federal Reserve, stating that the government had failed to provide new evidence or identify any error in its March ruling. The Department of Justice had appealed the initial ruling, arguing that the subpoenas were not part of a criminal investigation but a tool to target Fed Chair Jerome Powell. The government has the power to appeal the decision to a higher court, potentially delaying confirmation of its successor, Kevin Warsh.