Republican senator vows to block all Fed nominations ‘until legal matter is fully resolved’
Several Republican lawmakers have begun speaking out against the Trump administration’s criminal investigation into Federal Reserve chair Jerome Powell, with one senator going so far as to threaten all Fed nominations as a result.
Thom Tillis, a senator from North Carolina, vowed to block all Federal Reserve nominations after the justice department opened the investigation, inflaming tensions over the central bank’s independence.
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