Trump-Tillis tiff deepens as president says he ‘quit,’ concedes Fed fight could doom new chair confirmation
President Donald Trump's pick to lead the Federal Reserve is headed to the Senate next week, but Trump is worried that one Senate Republican could doom the confirmation process.Kevin Warsh...
By Fox News · Fox News
President Donald Trump's pick to lead the Federal Reserve is headed to the Senate next week, but Trump is worried that one Senate Republican could doom the confirmation process. Kevin Warsh is scheduled for his confirmation hearing before the Senate Banking Committee after his initial hearing set for this week was canceled. But his odds of moving to the next — and final — step of the process are low, given that Sen. Thom Tillis, R-N.C., plans to block him. And Trump isn’t happy about it. LEAVITT ACCUSES SEN TILLIS OF HOLDING US ECONOMY 'HOSTAGE’ OVER FED NOMINATION DISPUTE When asked by Fox Business’ Maria Bartiromo about Warsh’s chances in the Senate, Trump said, "We’re going to have to find out." "He might not, but that’s why Thom Tillis is no longer a senator," Trump said. "He quit." Tillis, despite announcing plans to retire from Congress at the end of his term this year, is still an active U.S. Senator and would have full voting rights if Warsh's confirmation comes up for a vote before January 2027. Fox News Digital reached out to Tillis' office for comment on the president's latest comments. The North Carolina senator has repeatedly clashed with the Trump administration ever since Tillis bucked his fellow Republicans in their pursuit of steep Medicaid cuts last year during the creation of the "One Big Beautiful Bill." That rebellious streak has continued as the Department of Justice probe into current Federal Reserve Chair Jerome Powell has progressed. JUSTICE DEPARTMENT ASKS JUDGE BOASBERG TO RECONSIDER ORDER QUASHING POWELL SUBPOENAS Tillis’ beef isn’t with Warsh specifically — a point he has reiterated on several occasions — but with the DOJ’s investigation into Powell’s testimony last year about the Fed's renovation of its two historic main buildings on the National Mall. "I love the candidate. I won’t spend my five minutes [in committee] asking him about his credentials, because he has them," Tillis said. "I’ll spend five minutes talking about a bogus in…