Trump Vows to Fire Fed Chair Powell, Signals Rate Cuts Under Successor Warsh
Senator Tillis announced he will block Kevin Warsh's confirmation until the ongoing DOJ probe is fully resolved.
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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 Trump has threatened to remove Fed Chair Jerome Powell if he does not resign, while pushing for Kevin Warsh as a successor to lower interest rates. The move faces legal challenges and opposition from Senator Thom Tillis.
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TTThom TillisR-North Carolina
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