Senate Republicans are begging President Donald Trump to let go of the unprecedented investigation into cost overruns with the renovation at the Federal Reserve just a month before the end of Chairman Jerome Powell’s term.
The long-held rivalry hit a new flashpoint Wednesday after the president said again he would fire Powell should he remain on the Fed, creating a hellish upcoming month for senators as they attempt to work around the political landmine.
Republican lawmakers have been hopeful that the imbroglio would fade as the upper chamber moves ahead with Kevin Warsh’s nomination to succeed Powell. Much to their chagrin, that has not happened, and instead it’s escalated — leaving them with a fresh headache.