Trump Vows to Fire Fed Chair Powell Over Refusal to Resign Amid Renovation Probe
Senator Thom Tillis vowed to block the confirmation of a new Fed Chair until the renovation probe concludes.
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Senator Thom Tillis vowed to block the confirmation of a new Fed Chair until the renovation probe concludes.
President Trump threatened to fire Fed Chair Jerome Powell if he does not resign by May 15. The conflict involves a criminal probe into a multibillion-dollar Fed renovation project and a Senate standoff over Powell's successor.
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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