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US attorney plans to appeal judge's ruling blocking subpoenas into Fed renovations, keeping pressure on Powell.

Market News
01 May 2026
CNBC
View Source
Neutral
pluang ai news

U.S. Attorney Jeanine Pirro is set to appeal a judge's decision that blocked her subpoenas into the Federal Reserve's costly building renovations. Although she has paused her criminal investigation into Fed Chair Jerome Powell, the appeal could extend the legal pressure on him and influence how long Powell remains on the Fed board after his chairmanship ends. This legal battle highlights ongoing tensions between the Justice Department and the Fed, with potential market implications depending on the outcome. Powell plans to stay on the Fed board and monitor developments closely while the appeal proceeds.

More News

Online course opens for navigating pharmaceutical regulations across Asia, Oct 20-22, 2026.

Online course opens for navigating pharmaceutical regulations across Asia, Oct 20-22, 2026.

A three-day online training on Pharmaceutical Regulatory Affairs in Asia is scheduled for October 20-22, 2026, aiming to help professionals understand diverse regulatory requirements across major Asian markets including China, India, Korea, and ASEAN...

Others
Neutral
37 minutes ago
Global workwear market to reach $344.71B by 2031, driven by corporate hiring and Asia-Pacific growth.

Global workwear market to reach $344.71B by 2031, driven by corporate hiring and Asia-Pacific growth.

The global workwear market, valued at $265.12 billion in 2025, is expected to grow to $344.71 billion by 2031 with a 4.5% CAGR. Growth is fueled by rising corporate employment worldwide, especially in Asia-Pacific, and increased focus on professional...

Market News
Bullish
41 minutes ago
Microalgae-based aquafeed market to grow 8.5% CAGR, driven by cost cuts and demand for antibiotic-free seafood.

Microalgae-based aquafeed market to grow 8.5% CAGR, driven by cost cuts and demand for antibiotic-free seafood.

The global microalgae-based aquafeed market is projected to grow from $320 million in 2026 to $481 million by 2031, at an 8.5% CAGR. Key growth drivers include rapid cost reductions in closed photobioreactor farming, making algae competitive with fis...

Market News
Bullish
42 minutes ago
Consumer finance market to grow to $14.08T by 2031, driven by embedded finance and fintech growth

Consumer finance market to grow to $14.08T by 2031, driven by embedded finance and fintech growth

The global consumer finance market is projected to expand from $9.87 trillion in 2025 to $14.08 trillion by 2031, growing at a 6.17% CAGR. Key growth drivers include embedded finance at point-of-sale, which boosts credit uptake by integrating lending...

Market News
Bullish
43 minutes ago
Xcel Brands partners with KBL Group to produce OFF/DUTY by Coco Rocha fashion line.

Xcel Brands partners with KBL Group to produce OFF/DUTY by Coco Rocha fashion line.

Xcel Brands has signed a licensing agreement with KBL Group to produce ready-to-wear collections for OFF/DUTY by Coco Rocha, a fashion brand created with supermodel Coco Rocha. KBL Group will handle sourcing, product development, manufacturing, and s...

Company Fundamentals
Bullish
1 hour ago
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