GOP senator vows to block Trump’s Fed chair pick unless Powell probe is dropped
Sen. Thom Tillis said he will block Trump's Federal Reserve nominee until the DOJ ends its criminal probe of Jerome Powell over a building renovation controversy.
Sen. Thom Tillis said he will block Trump's Federal Reserve nominee until the DOJ ends its criminal probe of Jerome Powell over a building renovation controversy.
President Trump is tapping former Federal Reserve official Kevin Warsh to succeed outgoing Fed Chair Jerome Powell, a change in leadership at the central bank that could also augur a shift in monetary policy. Powell, who has led the Fed since February 2018 after being nominated for the top role by Mr. Trump during his
Acting ICE director avoids contempt hearing as judge releases scathing criticism of agency's alleged widespread violations of court orders.
The Federal Reserve in Washington on Jan. 6, 2026. Madalina Kilroy/The Epoch Times President Donald Trump said on Jan. 30 that former Federal Reserve Governor Kevin Warsh will be the next head of the U.S. central bank. “I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD
President Trump said Friday he is nominating Kevin Warsh to serve as the next chair of the Federal Reserve Board, filling a powerful economic policy role as the president pushes for lower interest rates. Mr. Trump made the announcement on his Truth Social platform. Warsh was a member of the Fed’s board for five years
Trump likes Nevada or Texas for possibly hosting GOP's first midterm convention, sources tell Fox News. Historic "Trump-a-palooza" aims to boost Republican chances.
The U.S. Capitol building after a snowstorm in Washington on Jan. 28, 2026. Madalina Kilroy/The Epoch Times A bipartisan deal brokered by President Donald Trump and Senate leaders to avert a partial government shutdown ran into trouble late on Jan. 29 as objections from lawmakers prevented a quick vote. The Senate had been hoping to