Beau

They spend money.

They undercut each other.

They fight.

They create division.

Maybe they'll find their way out of this.

But right now, it appears that a primary fight is all but guaranteed.

And it looks like Trump's leadership has left the GOP in Texas as stuck as an oil tanker waiting by the Strait of Hormuz.

Anyway, it's just a thought.

Y'all have a good day.

Well, howdy there, internet people, it's Belle again.

So today, we're going to talk about Tillis blocking Trump's Fed plans.

Republican Senator Tom Tillis of North Carolina seems to be holding to his promise to block Trump's moves at the Federal Reserve until Trump's alleged campaign aimed at forcing people out of their positions at the Fed has ended.

Specifically, Tillis wants the criminal probe into Federal Reserve Chair Jerome Powell resolved before there is any movement on a potential replacement.

Tillis agreed to meet with Kevin Warsh, who is Trump's nominee, but made it clear there was nothing Warsh could say that would change his mind.

And after the meeting, Tillis told the press his position had not changed and that he would be voting against advancing Warsh's nomination out of the banking committee.

Tillis went on to explain why he's taking such a hard line on this and said, quote, He then added, quote,

This is about, this is bedrock principle of Fed independence.

The reason why I came out so strongly so early is I believe that we, I, have no earthly idea what the market reaction would have been if suddenly the perception is that the Fed chair serves at the pleasure of the president, right?

So let's be clear.

Tillis isn't wrong.