Trump threatens to fire Powell, blasts Fed leadership as ‘incompetent’
Senator Thom Tillis pledged to block all Federal Reserve nominees until the investigation into Chairman Powell is concluded.
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Senator Thom Tillis pledged to block all Federal Reserve nominees until the investigation into Chairman Powell is concluded.
President Donald Trump threatened to fire Federal Reserve Chairman Jerome Powell, calling his leadership "incompetent." Trump also addressed Republican Senator Thom Tillis's vow to block his new nominee, Kevin Warsh, until a DOJ criminal probe into Powell is resolved.
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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