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Trump Says Furor Over Powell Probe Won’t Delay Fed Pick
President Donald Trump said he would announce his nomination to replace Federal Reserve Chair Jerome Powell within “the next few weeks” despite the backlash over a Justice Department probe into the remodeling of the central bank’s headquarters that has threatened his ability to secure a confirmation. Trump was asked about his plans during a factory tour in Michigan, and indicated he planned to push ahead despite concern expressed by key Republican lawmakers. The president also criticized Senator Thom Tillis, a retiring North Carolina Republican and swing vote on the Senate Banking Committee, who has said he ... (full story)
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President Donald Trump on Tuesday slammed Federal Reserve Chair Jerome Powell as either incompetent or crooked, even as his Department of Justice faces growing opposition over its criminal investigation into the central bank leader. Trump threw his latest punch at Powell after being asked whether the unprecedented action undermines confidence in the ...
trump: Powell kept interest rates too high
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