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?