Tillis Rejects Path for New Fed Chair, ICE Ends Minnesota Surge, More
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What is the main topic discussed in this episode?
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News when you want it with Bloomberg News Now. I'm Amy Morris. Republican Senator Tom Tillis has rejected a suggestion that the Senate Banking Committee conduct its own investigation into Fed Chair Jay Powell. Tillis tells Bloomberg's Tyler Kendall that the White House was likely caught off guard by that DOJ probe.
I do believe that the administration was surprised by it. But at the end of the day, if that's not resolved, I'm not going to allow a successful markup to occur. And I believe that most Democrats are not going to vote for it. So I don't see a path. And there's not 60 votes to do a discharge petition. So let's recognize the reality of math.
Tillis has vowed to hold up any Fed nominees until that DOJ investigation into Powell is resolved, which could block Kevin Warsh from getting a confirmation vote. The DOJ's investigation into Powell centers on matters related to the Fed's renovation of its headquarters in Washington. White House border czar Tom Holman says the immigration enforcement surge in Minnesota is ending.
And success has been made arresting public safety threats and other priorities since this surge operation began. as well as the unprecedented levels of coordination we have obtained from state officials and local law enforcement, I have proposed, and President Trump has concurred, that this surge operation conclude.
Homan says a small footprint of personnel will remain for a while to close out and transition full command and control back to the field office.
Through targeted enforcement operations based on reasonable suspicion and prioritizing safety and security, ICE will continue to identify, arrest, and remove illegal aliens that pose a risk to public safety, like we've done for years.
The decision marks a major step to de-escalate an operation that sparked protests and congressional scrutiny over the Trump administration's tactics. Minnesota officials testified before the Senate Homeland Security Committee about President Trump's immigration enforcement surge. Chairman Rand Paul questioned Minnesota's Attorney General Keith Ellison and Minnesota's Republican House floor leader Harry Niska.
If ICE called the local Minneapolis police and said we want to arrest this person, will the Minneapolis police help? I think so, yes. Do you really think that it is happening? They're cooperating? Yes, I do, Senator. Representative Niska, do you think the local police are cooperating? No, the public statements of Minneapolis officials have been that Minneapolis police will not assist in enforcing immigration.
Allison and Paul Schnell, the commissioner of the Minnesota Department of Corrections, both highlighted the impact of the administration's immigration surge in the state.
What recent actions did Senator Tom Tillis take regarding Fed Chair Jay Powell?
Defense Secretary Pete Hegseth is blocked for now. from penalizing Senator Mark Kelly over a video. Kelly appeared in the video in November telling service members they can refuse illegal orders. Judge Richard Leon wrote, In response to the government's argument that Kelly is trying to exempt himself from the rules of military justice. The judge says disciplinary action, including censure, cutting his retirement benefits, and prosecution are a violation of Kelly's First Amendment rights. The Kremlin has set out proposals for a wide-ranging economic partnership with the Trump administration, including Russia's return to the dollar settlement system. The proposal details seven points where Russian and U.S.
economic interests could converge, including joint investments in natural gas and critical raw materials. White House Trade Advisor Peter Navarro says the North American trade pact has significant flaws. He did sidestep questions about whether the U.S.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–2:56
2
What recent actions did Senator Tom Tillis take regarding Fed Chair Jay Powell?
2:56–6:00
3
What are the implications of the DOJ investigation into Powell?
6:00–6:35
4
Why is ICE ending its immigration enforcement surge in Minnesota?
6:35–8:09
Speakers
8 identifiedMore from Bloomberg News Now
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