Trump’s Fed Pick Is Caught in Unprecedented Standoff
Senator Tillis has vowed to block all Federal Reserve nominations until the Justice Department ends its investigation into Jerome Powell.
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Senator Tillis has vowed to block all Federal Reserve nominations until the Justice Department ends its investigation into Jerome Powell.
This article cites The Wall Street Journal as its original publisher. ChamberLight has not verified that it is a republication, so the scores are Political Wire's own.
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President Trump's Federal Reserve chair nominee Kevin Warsh faces a Senate confirmation standoff as Senator Thom Tillis blocks all nominations pending a DOJ investigation into Jerome Powell.
Current Fed Chair under investigation
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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Current Fed Chair under investigation
This article cites The Wall Street Journal as its original publisher. ChamberLight has not verified that it is a republication, so the scores are Political Wire's own.
Not rated.