Senator Thom Tillis, R-N.C., just threw down the gauntlet, promising he will oppose every single Federal Reserve nominee proposed by the Trump administration until the Department of Justice completely ends its probe into current Fed Chairman Jerome Powell. Tillis, who has a history of clashing with the administration and isn’t seeking re-election, announced via X that he would specifically block the confirmation of Kevin Warsh.
This isn’t about Warsh’s qualifications. Tillis noted that Warsh was incredibly qualified with a great understanding of monetary policy. However, the senator explained that his decision is based entirely on the principle of the matter. Tillis stated, “The Department of Justice continues to pursue a criminal investigation into Chairman Jerome Powell based on committee testimony that no reasonable person could construe as possessing criminal intent.”
