Senate Majority Leader John Thune (R-SD) is ramping up pressure on the Trump administration to conclude its investigation into Federal Reserve Chairman Jerome Powell, signaling growing GOP impatience with the ongoing Justice Department probe that's holding up the confirmation of Kevin Warsh as Powell's replacement.
"I think it's in everybody's best interest to wrap up the investigation," Thune declared Wednesday. "I've said that before, it would be better if it winds down."
The South Dakota Republican's comments come as President Trump's pick for Fed Chairman, Kevin Warsh, awaits Senate confirmation while the DOJ continues probing Powell's handling of monetary policy during the disastrous Biden years. Patriots are wondering: why is the Trump administration wasting time investigating Powell when they could simply fire him and move forward with Warsh?
Time to Move Forward, Not Backward
Thune's frustration reflects a broader sentiment among America First Republicans who want to see Trump's economic team in place immediately. Powell's tenure was marked by catastrophic inflation under Biden that crushed working families while Wall Street elites got richer. The investigation, while potentially justified, is becoming a distraction from implementing Trump's pro-growth agenda.
"We need Kevin Warsh at the Fed NOW to restore sound money and end the financial games that have been played against the American people," said one senior Republican aide.
Warsh, a former Fed governor and successful businessman, represents everything Powell isn't: independence from the swamp, commitment to the Constitution, and loyalty to American workers over global financial interests. His confirmation would signal that the era of weaponized monetary policy is finally over.
The question remains: will Trump listen to his Senate allies and wrap up this investigation, or will the administration continue letting perfect be the enemy of good while America's economic recovery waits? Time is money, and the American people deserve action, not endless Washington investigations that accomplish nothing while the real work of Making America Great Again gets delayed.