Republicans Plead With Trump to Drop Powell Probe
Senator Tillis vowed to block Kevin Warsh's nomination until the DOJ drops its investigation into Chairman Jerome Powell.
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Senator Tillis vowed to block Kevin Warsh's nomination until the DOJ drops its investigation into Chairman Jerome Powell.
Senate Republicans are urging President Trump to end a DOJ investigation into Federal Reserve Chair Jerome Powell, fearing it will delay the confirmation of his successor, Kevin Warsh, and undermine the institution's independence.
Senate Banking Committee member
Senate Banking Committee member
Treasury Secretary
Senate Banking Committee member
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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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