Trump Says Furor Over Powell Probe Won’t Delay Fed Nomination

President Donald Trump said he would announce his nomination to replace Federal Reserve Chair Jerome Powellwithin “the next few weeks” despite the backlash over a Justice Department probe into the remodeling of the central bank’s headquarters that has threatened his ability to secure a confirmation.

Trump was asked about his plans during a factory tour in Michigan, and indicated he planned to push ahead despite concern expressed by key Republican lawmakers. The president also criticized Senator Thom Tillis, a retiring North Carolina Republican and swing vote on the Senate Banking Committee, who has said he would block nominations ...