Trump's latest power grab is delivering brutal consequences — to Trump
Senator Thom Tillis has announced he will block all Federal Reserve appointments until the investigation into Jerome Powell is dropped.
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Senator Thom Tillis has announced he will block all Federal Reserve appointments until the investigation into Jerome Powell is dropped.
President Trump's attempts to prosecute Fed Chair Jerome Powell and appoint Kevin Warsh are reportedly backfiring, as Senator Thom Tillis blocks appointments and market confidence wavers.
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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