President Trump: I’ve ‘Held Back’ Long Enough — The Fed Chair Has Until May 15
Tillis said he would not support confirming Warsh until the DOJ investigation is resolved.
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Tillis said he would not support confirming Warsh until the DOJ investigation is resolved.
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.
Senator who says he will not support Warsh’s confirmation until the investigation is resolved
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 ↗Outlets across the spectrum report on Senator Tillis's refusal to confirm Fed nominees until the DOJ probe into Jerome Powell is resolved. Left-leaning sources like RawStory emphasize Tillis's sharp rhetoric calling the investigation a "bogus" revenge crusade, while Fox News frames the situation as a deepening "tiff" between the Senator and President Trump that threatens the new chair's confirmation.
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