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The Latest Breaking News from Thom Tillis

Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election

Kevin Warsh says ‘we need to take politics out of monetary policy’ as Elizabeth Warren calls him Trump’s ‘sock puppet’

The Guardian - US

Stocks Erase Early Gains as Crude Prices Jump on Iran Concerns

The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.02%. June E-mini S&P futures (ESM26 ) are down -0.13%, and June E-mini Nasdaq futures...

Barchart

Stocks Supported by Signs Iran Will Attend Peace Talks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.20%. June E-mini S&P futures (ESM26 ) are up +0.25%, and June E-mini Nasdaq futures...

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Warsh vows Fed independence; Democrats assert financial conflicts

Kevin Warsh, the nominee to be next chairman of the Federal Reserve, promised senators Tuesday that the central bank would maintain its independence from the White House under his leadership and that he would divest assets that raised conflict-of-interest concerns among Democrats. Warsh tried to reassure lawmakers at the Senate…

Roll Call

Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates

Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liability

The Guardian - US

What to look for in Kevin Warsh's big day on Capitol Hill

Republicans are set to cast Kevin Warsh as a change agent.

Axios

Kevin Warsh Fed Chair Nomination: Updates and Commentary

On May 13, the Senate confirmed Kevin Warsh as the next Fed chair.

Kiplinger

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Fed chair nominee Warsh to field questions about Fed independence

Republicans and Democrats on the Senate Banking Committee appear poised to question Kevin Warsh, the nominee to be the next chairman of the Federal Reserve, on the central bank’s independence — but from different angles — during a hearing scheduled for Tuesday. Ranking member Elizabeth Warren is also expected to question…

Roll Call

This week: Senate girds for budget vote-a-rama in busy week for Congress

The Senate faces an expected budget vote-a-rama this week as Republicans seek to start the process of funding immigration enforcement without the support of Democrats. A resolution from Senate Budget Chairman Lindsey Graham, R-S.C., is expected to provide instructions for roughly $70 billion for Immigration and Customs Enforcement and Customs…

Roll Call

‘I’m not very tauntable’: It’s a Fed Chair nightmare for Trump where one Republican’s ‘no’ could spell disaster for Kevin Warsh

Sen. Thom Tillis is making it crystal clear he’s not backing down in his standoff with the administration over Federal Reserve Chair Jerome Powell. The outgoing North Carolina Republican is blocking the confirmation of President Donald Trump’s Fed chair nominee, Kevin Warsh, until the Justice Department drops its investigation into…

The Mary Sue

Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair

Democratic lawmakers urged Republican leaders to postpone the confirmation hearing of Kevin Warsh

The Guardian - US

Republican Sen. Tillis Says Trump Should Apologize For Slamming Pope Leo

Republican Senator Thom Tillis said President Donald Trump should apologize for criticizing Pope Leo, calling it an "underused in art and politics."

International Business Times

Everyone was wondering what Trump wanted more: Warsh smoothly seated at the Fed, or for Powell to pay. We have our answer

Republican sources told Fortune it was unlikely Warsh himself would be the cause of any vote against his candidacy, while Democrat sources say there is little he could do to convince critics that he isn’t a puppet of the White House.

Fortune

Trump news at a glance: president renews threats against federal reserve chair, pushes his replacement

Trump reiterated his claim that Powell is doing a ‘bad job’ as justice department continues with criminal investigation into Powell over renovations at the Fed’s headquarters – key US politics stories from 15 April at a glance

The Guardian - US

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The Guardian - US

Trump threatens to fire Fed chair Jerome Powell amid pressure campaign

US president says he has ‘held back’ on firing the head of the Federal Reserve leading up to end of Powell’s term in May

Barchart

Stocks Rally on a Push for Diplomacy to End US-Iran War

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.81%. June E-mini S&P futures (ESM26 ) rose +1.18%, and June E-mini Nasdaq futures...

Barchart

Stocks Rally on US-Iran Peace Hopes and Cooler PPI Growth

The S&P 500 Index ($SPX ) (SPY ) today is up +0.77%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.98%. June E-mini S&P futures (ESM26 ) are up +0.73%, and June E-mini Nasdaq futures...

Barchart

Stocks Climb on US-Iran Peace Talk Optimism and a Favorable PPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.76%. June E-mini S&P futures (ESM26 ) are up +0.49%, and June E-mini Nasdaq futures...

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Roll Call

Victims of Camp Lejeune’s tainted water inch closer to amends

Decades of anger and frustration are turning into cautious optimism for some victims of contaminated drinking water at Marine Corps Base Camp Lejeune, as about two dozen of more than 3,700 lawsuits seeking compensation for damages appear headed for trial later this year in federal court in North Carolina. Once…

The Guardian - US

DHS secretary calls for US states to lead disaster response instead of Fema

Markwayne Mullin visits Asheville to survey Hurricane Helene recovery in first big trip since Kristi Noem’s ouster

The Independent UK

Under Noem, FEMA was led by obscure contractor who targeted funding for Muslims, state of California and climate change

Kara Voorhies, a contractor with no emergency management experience, was invited into high-level meetings at FEMA and may have been paid as much as $1M

The Independent UK

One Republican can be a major thorn in Trump’s side and put the kibosh on his nominees to fill top jobs

ANALYSIS: Sen. Thom Tillis and Trump have clashed repeatedly. But, Eric Garcia writes, the North Carolina Republican has the ability to block some of Trump’s most important nominees

International Business Times UK

Trump Accused Of Gutting State Department, Leaving Iran Crisis In Hands Of 'Real Estate Developer' Jared Kushner

Explore how Jared Kushner, a real estate developer, became the lead US negotiator in nuclear talks with Iran, amid criticism and conflict of interest concerns.

The Guardian - US

Republican senators McConnell and Tillis break with Trump on Nato withdrawal

They warned leaving the alliance would aid rivals, threaten US security and require Senate approval under 2024 law

Roll Call

Senate to stay on SAVE after recess

It was a beautiful, warm Sunday in Washington, D.C., and Sen. Lisa Murkowski was leaving the Capitol to go “pot some plants.” The Alaska Republican, along with her Senate colleagues, were in town that day for a rare weekend session to continue extended debate on the GOP’s voter ID bill…

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