Prosecutors seek access to Federal Reserve building as Trump threatens to fire Powell
Senator Tim Scott expressed optimism that the investigation would be resolved soon, potentially clearing the path for Kevin Warsh's confirmation.
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Clarity Act Markup Date Slips as Fed Chair Hearing Takes Center Stage10 articles·10 sources·Avg cred 62/100
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tl;dr
President Trump is threatening to fire Fed Chair Jerome Powell over a $2.5 billion renovation investigation, while Senator Thom Tillis blocks Trump’s new Fed nominee to protect the central bank's independence from what judges call a 'pretextual' probe.
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TSTim ScottR-South Carolina
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