The bell is bringing an end to the trading day at the NYSC, LTAMD skincare, ringing the bell, and at the NASAC.

Freecast is doing the honors.

Welcome to closing bell overtime.

We are live from Studio B at the NASAC market site.

I'm Melissa Lee along with Mike Santoli.

Another down day for stocks wrapping up a bad week and closing on new lows for the year.

Oil, once again, the focal point, as it nears $100 a barrel again, up roughly 50% in March

following the start of the war with Iran.

But we begin with major breaking news on the Fed.

As a judge, basically tossing out the case against Chair Powell and the Trump administration

responding just in the last little while.

Amon Javers has the latest from Washington.

Steve Leesman is looking at the impact on the Fed.

So, Amon, fill us in with the details.

Yeah, Mike, it's been an extraordinary afternoon.

What we saw here is a federal judge releasing an opinion in which he quashed the subpoenas

that were sent by the Department of Justice to the Federal Reserve,

the federal judge, saying that in essence he did not believe that the motivation for the subpoenas was a legitimate law enforcement one.

He's opened his opinion here, citing President Trump's social media posts against Jay Powell of the Fed saying Jerome, too late

Powell has done it again.

He is too late and actually too angry, too stupid and too political to have the job of Fed chair.

The judge here in this case, Judge Bostberg, suggesting that comments like that from the

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