The Dam Is Breaking: Republicans Warn Trump He’s Gone Too Far
The Dam Is Breaking: Republicans Warn Trump He’s Gone Too Far Tracking when Republicans begin publicly breaking with Trump, and what it signals. Brian Tyler Cohen Jan 13 Donald Trump just opened a criminal investigation into Jerome Powell, the Federal Reserve chair he appointed, because Powell wouldn’t slash interest rates on demand. That alone is a major red flag, but this kind of self-serving retribution isn’t new. What’s new is this: Republicans are sounding the alarm. And they’re doing it on the record. What Republicans Said Republicans never like to leave a paper trail, which is what makes this moment so unusual. Republican Senator Thom Tillis posted on X: Senator Thom Tillis @SenThomTillis If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none. It is now the independence and credibility of the Department of Justice that are in qu...