Sen. Tillis Opposes Kevin Warsh’s Nomination for Fed Chair Over DOJ Investigation Into Powell

TLDR Sen. Thom Tillis opposes Kevin Warsh’s nomination for Federal Reserve chair until the DOJ probe into Powell is resolved. The DOJ investigation into Powell stems from the Fed’s headquarters renovation and his testimony before Congress. Tillis’ opposition could create a stalemate in the Senate Banking Committee, delaying Warsh’s nomination process. Democrats, led by Senator [...]

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