Trump puts Fed Chair Jerome Powell on notice, threatens to fire him if he doesn’t resign by May 15 – NaturalNews.com
The article says Tillis is blocking consideration of Kevin Warsh until the investigation of Powell is resolved.
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The article says Tillis is blocking consideration of Kevin Warsh until the investigation of Powell is resolved.
The article reports that Trump threatened to remove Fed Chair Jerome Powell if he does not leave by May 15, while an investigation of Powell and Senator Thom Tillis’s hold on a nominee’s confirmation complicate the dispute. It frames the standoff as a test of Federal Reserve independence and a conflict over interest rates and inflation.
Trump’s nominee to succeed Powell as Fed chair
Senator cited as a defender of Fed independence
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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