In an NBC News interview, Trump stated he was unaware of the Department of Justice's grand jury subpoena issued to the Federal Reserve on Friday, emphasizing that the subpoena is unrelated to interest rates. He criticized Fed Chair Jerome Powell for poor performance in his role and in managing the Fed's building renovation project.
Republican Senator Thom Tillis announced his opposition to confirming any Trump nominees to the Federal Reserve, including the chair position, until the matter is resolved. Meanwhile, Democratic Senator Elizabeth Warren accused Trump of abusing the DOJ's authority. The White House declined to comment, and the DOJ stated it does not comment on specific cases.
Trump Unaware of DOJ Subpoena to Fed, Criticizes Powell's Performance
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