Tillis on Boasberg ruling quashing grand jury subpoena of Fed Chair Powell; “This ruling confirms just how weak and frivolous the criminal investigation of Powell is and it is nothing more than a failed attack on Fed independence" , via Fox's Pergram

• "We all know how this is going to end, and the D.C. U.S. Attorney’s Office should save itself further embarrassment and move on. Appealing the ruling will only delay the confirmation of Kevin Warsh as the next Fed Chair.” 

This ruling against the subpoena of Fed Chair Powell highlights the ongoing tensions between government oversight and Federal Reserve independence. It suggests that any criminal investigation lacks merit, which could impact market perceptions around Fed policy continuity and confidence in future appointments, particularly with Kevin Warsh's nomination potentially on the line.