Powell Under Fire: Trump’s Fed Threats Meet Courts and Congress

1 min read
Source: The Bulwark
Powell Under Fire: Trump’s Fed Threats Meet Courts and Congress
Photo: The Bulwark
TL;DR Summary

President Trump’s bid to oust Fed Chair Jerome Powell runs into legal barriers and Senate resistance, with Powell standing firm and Warsh’s confirmation stalled by Sen. Tillis as the probe into Powell’s renovation costs lingers. A federal court has invalidated subpoenas as pretextual pressure, likely prolonging Powell’s tenure. The column also argues that Trump’s “might makes right” worldview clashes with Pope Leo XIV’s rights-based stance, illustrating a broader ideological fight over American democracy and leadership.

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