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Category: fox-news/politics/finance/federal-reserve

Trump’s Fed chair pick Kevin Warsh ignites fight over independence on Capitol Hill

By mfnnewsJanuary 30, 2026 Article

Trump’s nomination of Kevin Warsh as Federal Reserve chair sparked a divide among lawmakers on Friday, as Republicans praised his experience and Democrats questioned his independence.

GOP senator vows to block Trump’s Fed chair pick unless Powell probe is dropped

By mfnnewsJanuary 30, 2026 Article

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.

House Democrats demand probe into Trump DOJ’s criminal investigation of Fed Chair Powell

By mfnnewsJanuary 15, 2026 Article

House Democrats demand a probe into the Trump administration’s criminal investigation of Fed Chairman Jerome Powell over his testimony and central bank independence.

GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment

By mfnnewsJanuary 14, 2026 Article

Sen. Kevin Cramer suggests Federal Reserve Chair Jerome Powell should resign amid a DOJ criminal probe into Fed headquarters renovation project costs.