President Trump threatened to fire Federal Reserve Chair Jerome Powell if he remains on the Fed board after his term ends in May, while a DOJ investigation into Fed construction costs faces accusations of being a political pretext.
ALSO MENTIONED Jeanine Pirro, U.S. Attorney for the District of Columbia; James Boasberg, U.S. District Judge; Kevin Warsh, Federal Reserve Chair Nominee; Robert Hur, Federal Reserve Attorney
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