All articles tagged with #fed nomination
Sen. Thom Tillis pledges to block Kevin Warsh's Fed nomination until the Justice Department completes its probe into Fed Chair Jerome Powell over HQ renovation costs, and says he’d maintain the blockade even if DOJ drops the inquiry in exchange for Powell leaving the Fed after his term; Powell could stay on the board as a governor for up to two more years, and Tillis criticizes the subpoenas as premature.
The Senate Banking Committee advanced Stephen Miran's Fed nomination along party lines, House Speaker Johnson supports an offshore wind project near Virginia Beach amid Trump administration opposition, Schumer pushes for transparency on Epstein files, Democratic leaders strategize on upcoming funding deadlines, and a court rules in favor of copyright official Shira Perlmutter remaining in her post.
The Senate Banking Committee advanced President Trump's nomination of Stephen Miran, a White House economic advisor, to become a Federal Reserve governor, with a party-line vote of 13-11, setting the stage for a full Senate vote amid ongoing political and legal tensions surrounding Fed appointments and Trump’s influence on the Fed.
Senator Thom Tillis announced he will not consider a replacement for Fed Governor Lisa Cook until her firing by Trump, citing ongoing legal disputes, while supporting other Fed nominees and highlighting the political tensions surrounding the Fed appointments.