Trump threatens to fire Powell if the Fed Chair decides to stay on after his term ends next month
Senator Tillis stated he would block confirmation of any Fed nominees until the DOJ investigation into Powell is dropped.
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Tillis Blocks Fed Confirmations Pending Powell Investigation34 articles·31 sources·Avg cred 73/100
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tl;dr
President Donald Trump threatened to fire Federal Reserve Chair Jerome Powell if he refuses to vacate his position when his term expires next month. The standoff involves Powell's insistence on staying until a successor is confirmed or a pending investigation is resolved.
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TTThom TillisR-North Carolina
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