Tillis Won’t Support Fed Nominee Confirmation Before DOJ Investigation of Powell Is Done

Tillis won’t support Fed nominee confirmation before DOJ investigation of Powell is done

Sen. Thom Tillis (R-N.C.) reiterated Sunday that he will not support Kevin Warsh, President Trump’s nominee to chair the Federal Reserve, until the Department of Justice (DOJ) concludes its probe into Fed Chair Jerome Powell. “I’ve tried to make it very clear that I have no intention of supporting any confirmation of any Fed board…

Trump’s Fed chair pick argues there is one crucial reason to lower interest rates

Fed chair nominees Kevin Warsh has to convince his colleagues — some of whom are still concerned about inflation — that AI-driven productivity is enough for additional rate cuts.