White House Clashes with Senate Over Federal Reserve Leadership

The White House's efforts to exert more control over the Federal Reserve face new challenges as the Senate stalls on confirming a successor for Chair Jerome Powell.
The White House's ongoing quest to exert greater influence over the Federal Reserve is facing fresh hurdles as the Senate stalls on confirming a successor for Chair Jerome Powell. Powell recently stated that if a new nominee is not confirmed by May 15, he will remain as
Source: The New York Times


