GOP explores congressional off-ramp to unlock Warsh as Fed chair
TL;DR Summary
Top Republicans are weighing a special Banking Committee probe into Fed HQ construction as an off-ramp to drop the DOJ investigation of Jerome Powell, potentially paving Kevin Warsh’s path to chair the Fed; whether DOJ drops the probe remains uncertain, with Tillis pushing the idea as governance. The day also featured multiple other GOP moves and debates, including a new labor-rights notification bill, Rick Scott’s hold on Coast Guard promotions, and Rep. Cherfilus-McCormick’s resignation amid ethics probes.
Topics:nation#congressional-committee#doj-investigation#federal-reserve#jerome-powell#kevin-warsh#politics
- GOP senators eye off-ramp to end Warsh standoff Politico
- Tillis vows to keep blocking Fed nominee and says Trump should apologize for pope attacks NBC News
- Thom Tillis: the Republican blocking Donald Trump’s pick for Fed chair Financial Times
- Tillis urges DOJ to end Powell probe, clear way for Warsh The Hill
- Tillis Outlines His Opposition to Powell Probe WSJ
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