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D
DNYUZvia The New York TimesApr 16, 2026

Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles

Senator Thom Tillis is blocking the confirmation of a new Fed Chair until legal threats against Jerome Powell are resolved.

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Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
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tl;dr

President Trump's efforts to influence the Federal Reserve face hurdles as Senate Banking Committee member Thom Tillis delays the confirmation of Kevin Warsh due to an ongoing Justice Department investigation into current Fed Chair Jerome Powell.

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Thom TillisR-North Carolina
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