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Alternet.orgApr 16, 2026Opinion

Trump's latest power grab is delivering brutal consequences — to Trump

Senator Thom Tillis has announced he will block all Federal Reserve appointments until the investigation into Jerome Powell is dropped.

Trump's latest power grab is delivering brutal consequences — to Trump
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tl;dr

President Trump's attempts to prosecute Fed Chair Jerome Powell and appoint Kevin Warsh are reportedly backfiring, as Senator Thom Tillis blocks appointments and market confidence wavers.

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Thom TillisR-North Carolina
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