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100 Percent Fed UpApr 16, 2026Local News

President Trump: I’ve ‘Held Back’ Long Enough — The Fed Chair Has Until May 15

Senator Thom Tillis is blocking the confirmation of Kevin Warsh as Fed Chair until a DOJ investigation is resolved.

President Trump: I’ve ‘Held Back’ Long Enough — The Fed Chair Has Until May 15
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Former President Trump has issued an ultimatum to Federal Reserve Chair Jerome Powell, demanding his resignation by May 15 or facing termination from his board governor role. The standoff involves a DOJ investigation into the Fed's headquarters and a senator blocking Powell's replacement, creating a complex political and legal battle.

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Thom TillisR-North Carolina
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