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Senator Thom Tillis has refused to vote for any Federal Reserve nominee until the DOJ ends its investigation into Chair Jerome Powell.
Donald Trump threatened to fire Federal Reserve Chair Jerome Powell if Powell does not leave when his term expires, while prediction-market odds favored no rate cuts in 2026. The article also reports hurdles to nominee Kevin Warsh’s confirmation and details of his financial disclosure.
Trump’s Federal Reserve chair nominee whose confirmation and financial disclosure are discussed
Warsh's version of this story ↗President whose threat to fire Powell is a central subject
Trump's version of this story ↗Treasury Secretary
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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