Updated
Updated · Fox News · Apr 15
Trump’s Fed Pick Stalls as GOP Senator Blocks Confirmation Over DOJ Probe
Updated
Updated · Fox News · Apr 15

Trump’s Fed Pick Stalls as GOP Senator Blocks Confirmation Over DOJ Probe

8 articles · Updated · Fox News · Apr 15
  • President Trump’s nomination of Kevin Warsh as Federal Reserve chair faces resistance from Senator Thom Tillis, who threatens to block the confirmation.
  • Tillis objects to the Trump administration’s ongoing DOJ investigation into current Fed Chair Jerome Powell, calling it 'bogus' and poorly timed.
  • The dispute could delay Warsh’s confirmation and extend Powell’s tenure, highlighting divisions within the GOP and tensions over White House priorities.
How might a new Fed chair's leadership reshape America's approach to inflation and interest rates?
What are the economic risks of a prolonged leadership vacuum at the nation's central bank?
Who is accountable for the 80% cost overrun on the Fed's renovation project?
When does government oversight of an agency cross the line into political pressure?