Pirro appeals ruling blocking DOJ Fed probe, delaying Warsh confirmation

Senator Josh Hawley has announced his intention to obstruct Kevin Warsh's confirmation as chair of the Federal Reserve until the Department of Justice completes its investigation into the Fed's emergency lending initiatives. This development follows Senator John Kennedy's appeal against a court decision that had paused the DOJ inquiry. As a result, Warsh's nomination remains uncertain while the investigation is ongoing. The focus of the inquiry is the Fed's 13(3) lending facilities created during the pandemic, which the DOJ is scrutinizing for possible conflicts of interest. Hawley's commitment introduces an additional procedural challenge in the Senate, where Warsh's confirmation necessitates majority approval. The appeal was lodged in the D.C. Circuit Court of Appeals.