Republican Lawmakers Turn Against Trump, Back Plan to Block Fed Nominees
Republican lawmakers have broken from US President Donald Trump's stance on blocking his preferred Federal Reserve chair nominees, instead supporting a plan to block their nominations after a Justice Department threatener was indicted. United States Senator Lisa Murkowski has thrown her support behind the plan.
Republican lawmakers in the US Senate have broken ranks with President Donald Trump's position on the nomination of a new Federal Reserve chair, citing concerns raised by the Justice Department regarding Trump's nominees for the role. Senator Lisa Murkowski has thrown her support behind Senator Thom Tillis' plan to block Trump's Fed nominations. This move marks a significant departure from Trump's stance, and is seen as an attempt to assert congressional oversight over the central bank. The development highlights growing tensions between the Republican-controlled Senate and the White House under Trump's leadership.
