Thom Tillis Green Lights 'Outstanding Nominee' Kevin Warsh's Fed Chair Confirmation After DOJ Drops Powell Probe
Sen. Thom Tillis (RN.C.) has signaled his approval for the Senate confirmation of Kevin Warsh, the nominee for Federal Reserve chair.
Tillis, who had vowed to block any Fed nominee while the Department of Justice investigated Powell, said he has now been assured the case is fully settled with no plans to reopen it unless the inspector general issues a criminal referral, adding he supports and trusts the ongoing Inspector General’s review.
He took to X on Sunday to state his approval for Warsh’s confirmation calling him an “outstanding nominee.”
I have been clear from the start: the U.S. Attorney's Office criminal investigation into Chair Powell was a serious threat to the Fed's independence, and it needed to end before I could support Kevin Warsh's confirmation. I welcome the Inspector
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.