Fed chair confirmation
Coverage of Fed chair confirmation in the Nexus archive.
- Trump-Tillis tiff deepens as president says he ‘quit,’ concedes Fed fight could doom new chair confirmation
President Trump expresses frustration over Sen. Thom Tillis blocking Fed chair nominee Kevin Warsh's confirmation, linking the conflict to an ongoing DOJ investigation into current Fed Chair Jerome Powell. Tillis claims the investigation is a 'bogus' reason to block Warsh, while Trump threatens to fire Powell if not replaced by next month.
- Trump-Tillis tiff deepens as president says he ‘quit,’ concedes Fed fight could doom new chair confirmation
President Trump's nominee for Federal Reserve chair, Kevin Warsh, faces potential obstruction from Senator Thom Tillis, who plans to block his confirmation. Trump criticized Tillis for allegedly undermining the process, while Tillis opposes the DOJ's investigation into Fed Chair Jerome Powell. The confirmation hearing is scheduled for the Senate Banking Committee amid political tensions.