GOP Senator vows to stall Trump Fed picks amid Powell probe
Sen. Thom Tillis says he will oppose confirming any Trump‑backed nominees to the Federal Reserve, including a new chair, after reports that the DOJ is investigating Jerome Powell for potential perjury. The stance risks a confirmation stalemate as Powell’s chair term ends in May (he could remain as governor through 2028); the White House continues to vet candidates, while critics argue the move would threaten the Fed’s independence.