US Adds European Union to Section 301 Watchlist Amid Trade Concerns 
Russian Drone Strikes Hit Odesa Again, Injuring Civilians and Damaging Infrastructure 
U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network 
Federal Appeals Court Allows Texas SB4 Immigration Law Enforcement to Proceed 
US Proposes Maritime Freedom Construct to Secure Strait of Hormuz Shipping 
Panama Defends Port Takeover Amid U.S.-China Tensions and Canal Dispute 
Trump Criticizes German Chancellor Merz Over Iran War and Ukraine Policy 
Comey Faces Charges Over Instagram Post as Free Speech Debate Intensifies 
Sam Altman Moves to Dismiss Punitive Damages in Sister's Sexual Abuse Lawsuit 
Lebanon Political Divide Complicates Saudi Push for Israel Negotiations 
Justice Jackson Slams Supreme Court's Growing Use of Shadow Docket 
Japan Eases Arms Export Rules, Opening Door for Potential Ukraine Defense Support 
Argentina Court Upholds Cristina Kirchner Asset Seizure in Corruption Case 
FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case 
Apple Wins ITC Ruling, Keeping Blood-Oxygen Feature on Apple Watch 
Trump and IRS in Settlement Talks Over $10 Billion Tax Return Leak Lawsuit 
Pentagon Defies Court Order on Press Access, Judge Rules 
The U.S. Justice Department's top officials are reportedly throwing their support behind federal prosecutor Jeanine Pirro in a potential investigation targeting Federal Reserve Chair Jerome Powell, according to a Bloomberg News report published Thursday. The development marks a significant shift in the ongoing tension between the Trump administration and the nation's central bank.
Sources cited in the Bloomberg report indicate that the White House is not standing in the way of the proposed probe, signaling at least tacit approval from the administration. President Donald Trump, who had previously shown some willingness to walk back the investigation, is now believed to be in favor of pursuing an appeal after a federal judge struck down subpoenas that had been issued to the Federal Reserve last Friday.
The rejected subpoenas appear to have been a turning point. Aides and allies close to Trump suggest the court's decision reignited his interest in pushing forward, with an appeal now considered a likely next step. The potential investigation into Powell adds fresh tension to the already strained relationship between the executive branch and the independent monetary authority.
The Federal Reserve, which operates independently from the executive branch, has long been a subject of criticism from Trump, who has frequently pressured Powell over interest rate decisions. An investigation of this nature, if pursued, could raise serious questions about the boundaries of executive oversight over independent federal institutions.
Reuters stated it was unable to independently verify the Bloomberg report at the time of publication. As of now, no formal charges or official announcements have been made regarding the investigation.
This developing story continues to draw attention from financial markets, legal analysts, and political observers who are closely watching how the situation unfolds between the Justice Department, the White House, and the Federal Reserve.
