President Trump threatened to fire Fed Chair Jerome Powell if he refuses to vacate his post when his term expires in May. The dispute centers on a DOJ investigation into renovation costs and a Senate deadlock over Trump's nominee, Kevin Warsh.
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.
Donald Trump