Trump-Powell Conflict Escalates
Trump's decision to pursue criminal charges against Fed Chair Powell has sparked internal Republican tensions. This move has angered key lawmakers and stalled the confirmation process for Fed nominees.
Tillis Vows to Block Appointments
Senator Tillis, a key Republican voice, announced he would block all Fed nominations until the investigation into Powell concludes. His position remains unchanged, indicating a prolonged standoff.
Wos's Nomination Hangs in Balance
With the nomination process at a standstill, the appointment of new Fed Chair candidate Wos faces delays. Trump has even suggested waiting until Tillis retires in 2027 to advance the nomination, highlighting the long-term political battle ahead.
- Divisions emerge within GOP
- Nomination process caught in political crossfire
- Uncertainty grows over Fed leadership changes