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Trump's Push to Replace Powell Stalls

Trump's Plan to Fire Powell Is Backfiring—Spectacularly
Andrew Egger and Catherine Rampell give their takes on Trump latest fight with Jerome Powell, now floating the idea of firing Powell, while a bogus investigation continues to hang over the Federal Reserve. Meanwhile, Senator Thom Tillis is refusing to move forward on Trump’s preferred replacement, Kevin Warsh, unless that probe is dropped. Plus: Treasury Secretary Scott Bessent and Energy Secretary Chris Wright struggle to explain rising gas prices, walking back earlier optimism as global tensions push costs higher.
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Topic
Trump Threatens Powell's Removal; Fed Chair Refuses
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