Tillis Lifts Blockade, Warsh Set for Fed Chair Confirmation
TL;DR
Sen. Thom Tillis says he will vote to confirm Kevin Warsh as Fed chair after assurances DOJ would not use the Powell probe to threaten Fed independence, effectively ending his blockade. The DOJ dropped the investigation, clearing Warsh’s path toward a Senate confirmation as the Banking Committee moves the nomination forward. Powell’s term ends mid‑May, and he could remain on the Fed board if Warsh is not confirmed; meanwhile, the Fed inspector general is reviewing renovation costs.
- Sen. Thom Tillis drops blockade of Trump's Fed chair nominee, clearing path for Warsh's confirmation NBC News
- Tillis clears path for Warsh confirmation as new Federal Reserve chief The Washington Post
- A Senator Takes The Justice Department at Its Word. What Could Go Wrong? Mother Jones
- Tillis ends block of Fed chair nominee Warsh, clears way for Trump pick CNBC
- The ‘Lasting Damage’ of Pirro’s Investigation of the Federal Reserve and Powell The New York Times
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