Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
Jerome Powell is resisting White House pressure to resign, citing the need to protect Federal Reserve independence amid a DOJ investigation.
Part of a bigger event
Trump Issues May 15 Resignation Ultimatum to Fed Chair Jerome Powell23 articles·21 sources·Avg cred 64/100
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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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