Trump and Powell clash as Warsh nomination stalls at the Fed
President Trump threatened to fire Jerome Powell if he remains at the Federal Reserve past the end of his term.
2 min read
Search people, articles, bills, and more
President Trump threatened to fire Jerome Powell if he remains at the Federal Reserve past the end of his term.
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
President Trump has threatened to fire Fed Chair Jerome Powell if he does not resign by May 15, citing alleged mismanagement of a multi-billion dollar headquarters renovation. Right-leaning outlets like Fox Business and The Daily Caller focus on Trump's accusations of "incompetence" and his push for nominee Kevin Warsh. In contrast, left-leaning sources such as RawStory and MS NOW frame the ultimatum as a personal "vendetta" that faces significant judicial and legislative pushback.
Thom TillisLoading comments…
