Trump says he’ll fire Powell next month if he stays in his role at the Fed
Senator Thom Tillis is currently blocking the confirmation of Kevin Warsh until the investigation into Powell's leadership is finished.
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Senator Thom Tillis is currently blocking the confirmation of Kevin Warsh until the investigation into Powell's leadership is finished.
Republished from CNN, with credit to the original publisher.
10 stories · 83–89 · updated Sep 25, 2026
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President Trump threatened to fire Fed Chair Jerome Powell if he remains in office past May, intensifying a legal battle over central bank independence and a DOJ investigation into renovation costs.
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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