Fed chair nominee says he will be independent of Trump, though Dems see a ‘sock puppet’
Senator Thom Tillis is withholding support for the Fed chair nominee until the administration ends its investigation into Jerome Powell.
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Senator Thom Tillis is withholding support for the Fed chair nominee until the administration ends its investigation into Jerome Powell.
Fed chair nominee Kevin Warsh testified before the Senate Banking Committee, vowing independence despite President Trump's public pressure to lower interest rates and a looming committee deadlock caused by Senator Thom Tillis's opposition.
U.S. President
Committee member questioning nominee
Outlets across the spectrum agree that Senator Tillis is the primary obstacle to Kevin Warsh’s confirmation, demanding an end to the DOJ investigation into Jerome Powell. While Politico highlights the procedural "limbo" caused by Tillis's stance, Blaze.com frames him as a "lone Republican" potentially tanking a key Trump appointment.
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