{"id":119346,"date":"2026-02-01T13:11:27","date_gmt":"2026-02-01T18:11:27","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/leavitt-accuses-sen-tillis-of-holding-us-economy-hostage-over-fed-nomination-dispute-119346"},"modified":"2026-02-01T13:11:27","modified_gmt":"2026-02-01T18:11:27","slug":"leavitt-accuses-sen-tillis-of-holding-us-economy-hostage-over-fed-nomination-dispute","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/leavitt-accuses-sen-tillis-of-holding-us-economy-hostage-over-fed-nomination-dispute-119346","title":{"rendered":"Leavitt accuses Sen Tillis of holding US economy &#8216;hostage\u2019 over Fed nomination dispute"},"content":{"rendered":"<div>\n<p>White House press secretary <a href=\"https:\/\/www.foxnews.com\/category\/person\/karoline-leavitt\" target=\"_blank\" rel=\"noopener\">Karoline Leavitt<\/a> accused Sen. Thom Tillis, R-N.C., of holding America &#8220;hostage&#8221; for vowing to oppose President Donald Trump\u2019s pick to chair the Federal Reserve until the administration ends its probe of current Fed Chair Jerome Powell.<\/p>\n<p>&#8220;I certainly don&#8217;t think a United States sitting senator should be holding the entire country and our economy hostage over the fact that he has some <a href=\"https:\/\/www.foxnews.com\/category\/politics\/finance\/investigations\" target=\"_blank\" rel=\"noopener\">political disagreements with an investigation<\/a> that the Department of Justice is overseeing,&#8221; Leavitt said of Tillis on &#8220;Sunday Morning Futures.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/media\/trump-insists-gopers-love-doj-targeting-jerome-powell-says-he-cant-help-looks-like-retribution\" target=\"_blank\" rel=\"noopener\"><strong>TRUMP INSISTS GOPERS &#8216;LOVE&#8217; DOJ TARGETING JEROME POWELL, SAYS HE &#8216;CAN&#8217;T HELP&#8217; IT IF IT LOOKS LIKE RETRIBUTION<\/strong><\/a><\/p>\n<p>She called <a href=\"https:\/\/www.foxnews.com\/politics\/trumps-fed-chair-pick-kevin-warsh-ignites-fight-over-independence-capitol-hill\" target=\"_blank\" rel=\"noopener\">Trump&#8217;s nominee, Kevin Warsh<\/a>, a &#8220;highly qualified and distinguished economist with a very exceptional resume.&#8221;<\/p>\n<p>Tillis does not dispute Warsh&#8217;s qualifications but <a href=\"https:\/\/www.foxnews.com\/politics\/gop-senator-vows-block-trumps-fed-chair-pick-unless-powell-probe-dropped\" target=\"_blank\" rel=\"noopener\">takes issue with the investigation itself<\/a>, writing on X that &#8220;the Department of Justice continues to pursue a criminal investigation into Chairman Jerome Powell based on committee testimony that no reasonable person could construe as possessing criminal intent.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/house-democrats-demand-probe-trump-dojs-criminal-investigation-fed-chair-powell\" target=\"_blank\" rel=\"noopener\"><strong>HOUSE DEMOCRATS DEMAND PROBE INTO TRUMP DOJ&#8217;S CRIMINAL INVESTIGATION OF FED CHAIR POWELL<\/strong><\/a><\/p>\n<p>&#8220;<a href=\"https:\/\/www.foxnews.com\/politics\/gop-senator-vows-block-trumps-fed-chair-pick-unless-powell-probe-dropped\" target=\"_blank\" rel=\"noopener\">I will oppose the confirmation<\/a> of any Federal Reserve nominee, including for the position of Chairman, until the DOJ\u2019s inquiry into Chairman Powell is fully and transparently resolved.&#8221;<\/p>\n<p>Powell has led the Fed since Trump nominated him to the post in 2017. The DOJ is investigating whether Powell knowingly misled lawmakers about the cost and timeline of a $2.5 billion renovation of the Fed\u2019s headquarters.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/media\" target=\"_blank\" rel=\"noopener\"><strong><u>CLICK HERE FOR MORE COVERAGE OF MEDIA AND CULTURE<\/u><\/strong><\/a><\/p>\n<p>Although the investigation formally has nothing to do with Powell\u2019s responsibilities as Fed chair, a bipartisan <a href=\"https:\/\/www.foxnews.com\/politics\/trump-criminal-probe-fed-chair-powell-marks-unprecedented-escalation-warning-his-successor\" target=\"_blank\" rel=\"noopener\">group of lawmakers has interpreted<\/a> the probe as a way for Trump to put pressure on Powell to cut interest rates.<\/p>\n<p>Trump has repeatedly called for lower rates, but Powell has resisted, citing the need for the agency to protect its independence.<\/p>\n<p>The Fed maintains U.S. financial stability by governing the money supply and credit conditions to keep inflation under control and maximize employment \u2014 a mission Powell has said needs to be separate from the political goals of any given administration.<\/p>\n<p><i>Fox News&#8217; Leo Briceno contributed to this report.\u00a0<\/i><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/media\/leavitt-accuses-sen-tillis-holding-us-economy-hostage-over-fed-nomination-dispute\">Source &#8211; https:\/\/www.foxnews.com\/media\/leavitt-accuses-sen-tillis-holding-us-economy-hostage-over-fed-nomination-dispute <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House press secretary Karoline Leavitt accused Sen. Thom Tillis, R-N.C., of holding America &#8220;hostage&#8221; for vowing to oppose President Donald Trump\u2019s pick to chair [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-119346","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Leavitt accuses Sen Tillis of holding US economy &#039;hostage\u2019 over Fed nomination dispute - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/leavitt-accuses-sen-tillis-of-holding-us-economy-hostage-over-fed-nomination-dispute-119346\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leavitt accuses Sen Tillis of holding US economy &#039;hostage\u2019 over Fed nomination dispute - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"White House press secretary Karoline Leavitt accused Sen. 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