Trump and Powell clash as Warsh nomination stalls at the Fed
Jerome Powell stated he has no intention of leaving the Fed until a DOJ investigation into his testimony is completed.
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Jerome Powell stated he has no intention of leaving the Fed until a DOJ investigation into his testimony is completed.
President Trump is threatening to fire Fed Chair Jerome Powell as the nomination of Kevin Warsh stalls in the Senate. The clash centers on a DOJ probe and institutional independence ahead of Powell's term expiring in May.
Senator blocking confirmation
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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