finance
Judge Denies Request to Erase Record of Government Losses in Federal Reserve Inquiry
A federal judge in Washington denied a prosecutor's motion to vacate earlier court orders that blocked aspects of an investigation into the Federal Reserve. The ruling leaves the record of those losses intact.
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Chief Judge James E. Boasberg rejected the motion filed by the office of U.S. Attorney Jeanine Pirro. The order leaves in place earlier rulings that had gone against the government.
Pirro later agreed to close the investigation. The judge noted that the prosecutor had indicated she could reopen the matter. He cited public statements by the prosecutor and the president as evidence of intent.
Boasberg wrote that allowing the government to vacate unfavorable rulings after the fact would undermine the accumulation of legal precedents. The order rejected the argument that the end of the investigation justified erasing the earlier decisions. A spokesman for Pirro did not immediately respond to questions about the ruling or any potential appeal.
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