Thom Tillis: the Republican blocking Donald Trump’s pick for Fed chair
The outgoing North Carolina senator is refusing to back down in fight over president’s probe into Jerome Powell
The outgoing North Carolina senator is refusing to back down in fight over president’s probe into Jerome Powell

Thom Tillis had vowed to block nomination until the justice department dropped a criminal probe into Jay Powell

President has said he will seek to fire the head of the central bank if Kevin Warsh is not confirmed before May 15

Central bank chair’s decision to confront the president has bolstered the institution’s independence

US president insists Justice Department will not drop criminal probe into central bank chair

Were the president to replace Jay Powell as chair, his choice would have significant power to enforce the administration’s agenda

President calls Jay Powell a ‘stubborn ox’ in latest attack on current US central bank chief