President Trump: I’ve ‘Held Back’ Long Enough — The Fed Chair Has Until May 15
Warsh, Trump’s pick to replace Powell, has a Senate confirmation hearing scheduled for April 21.
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Warsh, Trump’s pick to replace Powell, has a Senate confirmation hearing scheduled for April 21.
Trump said Powell should leave the Federal Reserve board when his chair term ends May 15 or Trump would fire him; Powell says he will stay on the board while a DOJ investigation continues. The article reports that the investigation is also holding up a Senate hearing for Trump’s Fed chair pick, Kevin Warsh.
Federal Reserve chair who says he will remain on the board during the investigation
Powell's version of this story ↗President whose statements and actions are central to the dispute
Trump's version of this story ↗
Senator who says he will not support Warsh’s confirmation until the investigation is resolved
Tillis's version of this story ↗Right-leaning outlets like The Gateway Pundit focus on the DOJ investigation into Fed headquarters construction, framing Powell as "stonewalling" prosecutors. In contrast, left-leaning sources such as RawStory describe the move as a "vendetta" and highlight Powell’s commitment to protecting the central bank's independence from political interference.
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