Murdoch Paper Trashes Trump’s ‘Self-Destructive’ Vendetta

Key Points:

• The Wall Street Journal editorial board criticized Donald Trump for his "self-destructive" campaign against Federal Reserve Chairman Jerome Powell, whom Trump appointed in 2017 and Biden reappointed.
• Trump threatened to fire Powell if he did not step down when his term ends on May 15, but the Journal mocked this stance and urged the administration to focus on confirming Trump's chosen successor, Kevin Warsh.
• The Journal condemned the administration's criminal investigation into Fed renovation cost overruns as a bullying tactic lacking evidence, questioning the use of DOJ resources for the probe.
• Republican Senator Thom Tillis has pledged to withhold his vote on Warsh's nomination unless the Powell investigation is dropped, complicating the confirmation process given the Senate Banking Committee's narrow Republican majority.
• The editorial highlighted the turbulent relationship between Trump and Murdoch's media outlets, noting recent legal battles including a dismissed $10 billion defamation lawsuit Trump filed against the Wall Street Journal and News Corp.