Trump sets stage for showdown with Powell over who runs the Fed in mid-May
Senator Tillis has vowed to block the confirmation of a new Fed Chair until investigations into Powell are finalized.
Mixed
tl;dr
President Trump has threatened to fire Fed Chair Jerome Powell if he remains past his term in May, creating a legal standoff over central bank independence while the confirmation of successor Kevin Warsh remains stalled in the Senate.
How does this look for
TTThom TillisR-North Carolina
tap to vote
43%57%
9 votes · rated by people, not pundits
Discussion
What's your take?
Loading comments...