US Justice Department leaders are supporting Jeanine Pirro’s effort to continue
investigating Jerome Powell, with the White House not opposing the move,
prolonging a dispute with implications for Federal Reserve leadership. After a
judge blocked subpoenas tied to a Fed renovation probe, Donald Trump is now seen
backing an appeal. Powell said he will remain until the investigation concludes.
A key senator has pledged to block Kevin Warsh’s nomination until the matter is
resolved, complicating succession plans.
